Resolution Minerals Ltd (ASX:RML, OTC:RLMLF) has begun trading on the OTCQB Market in the United States under the ticker RLMLF. The transition from the OTC Pink to the OTCQB Market represents a major milestone in its US expansion strategy.
The move from the OTC Pink tier enhances visibility for institutional and retail investors by enabling broker-dealer support and achieving ‘Blue Sky’ compliance across multiple states.
US Gold Corp (NASDAQ:USAU) said on Thursday it will adopt Glencore Technology’s Jameson Cell flotation equipment at its CK Gold Project in Wyoming, a move it expects will enhance gold and copper recovery and improve project economics.
The decision follows a series of engineering and trade-off studies as part of the company’s definitive feasibility study and execution plan.
Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) reported a sharp jump in second-quarter profit as lower costs and operational efficiencies helped offset weaker production at its Bolivar mine.
The Canadian miner posted net income of $21 million for the three months ended June 30, up 1,348% from a year earlier.
Canadian Solar Inc. (NASDAQ:CSIQ) shares slumped after the company’s second quarter earnings disappointed and it issued weak guidance for the rest of the year.
The company lowered its full-year 2025 revenue guidance to a range of $5.6 billion to $6.3 billion from a previous $6.1 billion to $7.1 billion.
EnWave Corp (TSX-V:ENW, OTC:NWVCF) announced that it has closed its fully subscribed private placement offering of common shares, raising gross proceeds of $3 million.
The company issued a total of 7.5 million common shares at a price of C$0.40 per share.
M2i Global (OTC:MTWO) and Volato Group said Thursday it will lead a public-private initiative to establish the United States’ first Strategic Minerals Reserve (SMR), designed to secure supplies of metals essential to defense, clean energy and advanced manufacturing.
The public-private initiative, headquartered at the US Army’s Hawthorne Army Depot in Mineral County, aims to secure supplies of critical minerals such as gallium, graphite and copper, which are vital for defense systems, semiconductors, batteries and electric vehicles.
Ikigai Ventures (LSE: IKIV), the London-listed special purpose acquisition company, has agreed conditional terms to acquire Dotlines Global and Audra Solutions in a deal worth about £67 million.
The proposed acquisition, which remains subject to due diligence and a definitive share purchase agreement, would be satisfied through the issue of new Ikigai shares.
Andrada Mining Ltd (AIM:ATM, OTC:AFTTF) shares moved higher on Thursday, after reporting that construction of the second processing facility at the Uis mine in Namibia has been completed on schedule and within budget.
The new Jig Plant will begin commissioning in the final week of August, it confirmed.
Cloudbreak Discovery PLC (LSE:CDL, OTC:CDBDF) shares rocketed over 100% in Thursday's trade after announcing that sampling at its Darlot West project in Western Australia has returned high-grade gold results, with assays reaching 28.62 grams per tonne at surface.
Other samples included grades of 4.50 g/t, 2.62 g/t, and 1.30 g/t alongside the highlight 28.62 g/t result
Versarien PLC (AIM:VRS, OTC:VRSRF) updated investors on its proposed joint venture and strategic investment, which is facing legal and regulatory hurdles.
The company, in a statement on Thursday, said a UK government determination prevents the prospective UK joint venture company with Anhui Boundary Innovative Materials Technology from acquiring or using Versarien’s assets.
Seeing Machines Ltd (AIM:SEE, OTC:SEEMF) said annual revenue for the year to June 2025 would come in ahead of forecasts, helped by stronger demand from carmakers as Europe moves towards mandatory driver monitoring systems.
And, in an update on trading, it reaffirmed its goal to be cash flow break-even by the end of the calendar year.
Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF) was quick to capitalise on its latest milestone, raising £1.38 million with a share sale after yesterday's breakthrough at the Zulu lithium and tantalum project.
Proceeds are earmarked for the continued refining and optimisation of the Primary Flotation Plant.