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The Markets
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by Proactive
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Caledonia Mining, Helix Exploration, Solvonis Therapeutics, Chill Brands - Small Cap Snapshot

Caledonia Mining, Helix Exploration, Solvonis Therapeutics, Chill Brands - Small Cap Snapshot

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL, VFEX:CMCL) has reported strong drilling results at its Blanket Mine in Zimbabwe. Grades and widths came in better than expected, pointing to a potential mine life extension.

HeLIX Exploration PLC (AIM:HEX, OTCQB:HHEXF) has started drilling its fourth helium well at Rudyard in Montana. It’s targeting two proven formations and a new southern dome with 280 million cubic feet of potential reserves.

Solvonis Therapeutics PLC (LSE:SVNS) just secured a key US patent for its CNS drug compounds. The approval protects its research to 2043 and supports its AI-driven approach to mental health treatments.

Chill Brands Group PLC (LSE:CHLL, OTCQB:CHBRF) is working to lift its trading suspension after posting long-delayed annual results. Revenue surged to £1.9 million for the year to March 2024, but the company warns the current period will be weaker as it pivots to a new strategy.

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