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Small cap wrap: Digi Power X, Millennial Potash, GoviEx Uranium...

Race Oncology Ltd (ASX:RAC, OTC:RAONF) will host a special investor lunch briefing in Hong Kong on October 14, 2025, outlining its clinical development strategy and recent milestones.

Executive chairman Dr Pete Smith and managing director and CEO Dr Daniel Tillett will provide an update on the company’s pipeline, including the opening of new clinical trial sites in Hong Kong – a step seen as pivotal to the global expansion of Race’s cancer therapy program. Attendees will also have the opportunity to engage directly with management in a Q&A session over lunch.

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GoviEx Uranium Inc (TSX-V:GXU, OTCQB:GVXXF) announced that it has filed the management information circular and related materials for its upcoming special meeting where securityholders will be asked to approve the previously announced plan of arrangement under which Tombador Iron Limited will acquire all of the issued and outstanding GoviEx shares.

The meeting is scheduled for October 24, 2025, and the materials have been posted under GoviEx’s profile on SEDAR+ with delivery to securityholders underway.

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Millennial Potash Corp (TSX-V:MLP, OTCQB:MLPNF) announced that it has intersected 220.25 metres of potash mineralization in drillhole BA-001-EXT at its Banio Potash Project in Gabon.

According to the company, analytical results show 112.5 metres of cumulative carnallitite seams averaging 15.9% KCl using a 13% cut-off grade, within the overall 220.25 metres of mineralization.

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Imaging Biometrics Ltd (LSE:IBAI, OTCQB:IQAIF) has partnered with MedImageMetric to bring a new MRI tool, designed to detect subtle brain changes linked to disease, into wider clinical use.

The agreement will see Imaging Biometrics commercialise QSMetric, a patented and US Food and Drug Administration-cleared technology that measures how tissue responds to magnetic fields.

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Corero Network Security PLC (AIM:CNS, OTCQB:DDoSF) reported a 25% rise in annualised recurring revenue (ARR) to $21.6 million in the first half of 2025, driven by customer demand for its DDoS Protection-as-a-Service (DDPaaS) solutions.

The cyber-security firm said revenue was down 10% year-on-year, to $10.9 million, as more of its income shifted to subscription contracts. Order intake was $12.5 million, down 12% from the prior year, though second-quarter orders rebounded 13% to $7.8 million.

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Silver Bullet Data Services Group PLC (AIM:SBDS) shares soared some 21% after the AI advertising technology firm announced the appointment of former Twitter UK managing director Dara Nasr as its new non-executive director, effective immediately.

Nasr brings more than two decades of leadership experience in digital media and technology, with a CV that features senior roles at Twitter, Google and most recently WeTransfer.

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Fiinu shares fell 13% for a second day as investors and market makers continued to react to Monday's fundraiser, which saw it bank £900,000.

Effectively, this has drawn a line under a sharp rally that had seen the stock advance 2,600% in the year to date.

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Digi Power X Inc (NASDAQ:DGXX, TSX-V:DGX) has accelerated its transformation towards prioritizing artificial intelligence (AI) over the past calendar year, where it aims to become a leader in advanced AI infrastructure, company CEO Michel Amar wrote in a letter to shareholders on Tuesday.

The energy infrastructure company said the ARMS 200 (AI-Ready Modular Solution) has achieved Tier III certification under the globally recognized ANSI/TIA-942 standard, validated by EPI.

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Ariana Resources PLC (AIM:AAU, ASX:AA2) shares were on the front foot on Tuesday, thanks to news of new significant drilling plans at its wholly-owned Dokwe gold project in Zimbabwe, following the company's successful dual listing on the Australian Securities Exchange and an A$11 million IPO.

Drilling contracts for approximately 11,000 metres are expected to be awarded imminently, with operations scheduled to begin in early October.

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Mast Energy Developments PLC (LSE:MAST) shares climbed in Tuesday's trade, after it outlined plans to supply up to 1GW of electrical power to support AI data centre operations in the UK and Ireland.

The company told investors it is targeting sites with direct access to high-voltage transmission networks and has submitted several grid applications with delivery targets as early as 2026.

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Empire Metals Ltd (AIM:EEE, OTCQX:EPMLF) told investors that there's no material change to its operations or finances, as it noted a recent fall in its share price.

The company, in a statement, confirmed it remains confident in the strategy and the progress at its Pitfield titanium project in Western Australia.

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Thor Energy PLC (AIM:THR, OTCQB:THORF, ASX:THR) shares advanced in Tuesday's trade, after it announced the signing of a term sheet with ASX-listed Tivan Limited that will see the sale of the London-listed firm's 75% stake in the FRAM Joint Venture.

The transaction for the controlling stake in FRAM, which owns the Molyhil tungsten-molybdenum-copper project in Australia's Northern Territory, is worth A$8.75 million, with Thor’s share totalling A$6.56 million, payable through a mix of upfront and deferred payments over a three-year period.

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East Star Resources PLC (LSE:EST) shares were on the front foot on Tuesday, after it announced the completion of a 2,302 metre drill campaign at its copper and gold exploration sites in East Kazakhstan.

All nine drilled holes have intercepted sulphide mineralisation, East Star said.

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Shares in Kromek Group PLC (AIM:KMK) rose 11% after the County Durham-based radiation and bio-detection specialist reported its maiden annual profit and set out a confident outlook for 2026.

For the year to 30 April, the company posted a pre-tax profit of £3.1 million, reversing a £3.5 million loss the year before.

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tinyBuild Inc (LSE:TBLD) shares climbed in Tuesday's early deals after reporting a first-half performance ahead of expectations.

Revenue from continuing operations was $17 million, broadly flat year on year, while earnings (adjusted EBITDA) improved to $4.2 million from a $2.3 million loss in the prior period.

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Manx Financial Group (AIM:MFX) has announced that its banking subsidiary, Conister Bank, has signed a three-year exclusive partnership with fintech firm Fiinu to deliver a new overdraft product in the UK, pending regulatory approval.

The deal will integrate Fiinu’s “plugin overdraft” technology into Conister’s lending portfolio.

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MedPal AI plc (AIM:MPAL) has struck a deal with Independent Gyms to provide free access to its wellness app for members of more than 2,000 gyms across the UK and Ireland.

The London-listed company uses artificial intelligence to analyse data from wearable fitness devices and generate personalised workout, nutrition and recovery plans.

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Powerhouse Energy Group PLC (AIM:PHE) has said the rest of 2025 will be “exciting” as it looks to push forward a growing pipeline of opportunities following the completion of its new testing centre in South Wales.

The AIM-listed company, which develops technology that turns unrecyclable waste into energy, has finished commissioning its Feedstock Testing Unit (FTU) at the Powerhouse Technology Centre in Bridgend.

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Kromek Group PLC (AIM:KMK), the radiation and bio-detection technology specialist, has posted its first-ever profit, beating market expectations and setting the stage for further growth in the coming year.

The County Durham-based company reported a pre-tax profit of £3.1 million for the 12 months to 30 April, a sharp turnaround from the £3.5 million loss recorded a year earlier.

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Altech Batteries Ltd (ASX:ATC, OTC:ALTHF) has released its latest environmental, social, and governance (ESG) disclosure report, underscoring its efforts to deliver sustainable energy solutions while embedding transparency, accountability, and climate resilience into its operations.

The company said the disclosures, aligned with the World Economic Forum’s Stakeholder Capitalism Metrics, demonstrate its commitment to the UN Sustainable Development Goals and long-term enterprise value creation. The update highlights progress across climate initiatives, anti-corruption measures, responsible land use and biodiversity management, as well as community engagement — all aimed at bringing its projects in Germany, Australia and Malaysia in line with global best practice.

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Cobalt Blue Holdings Ltd (ASX:COB, OTC:CBBHF) has received a works approval from Western Australia’s Department of Water and Environmental Regulation for the Kwinana Cobalt Refinery. The approval is a key milestone towards achieving a final investment decision (FID) on the project with joint venture partner Iwatani Australia.

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Orthocell Ltd (ASX:OCC, OTC:ORHHF) says its flagship nerve repair device Remplir™ is being adopted by Australian urologists in prostate cancer surgery, opening a new growth avenue for the regenerative medicine company.

The product has now been used in around 40 nerve-sparing robotic-assisted radical prostatectomies (RARP) — procedures that remove the prostate while aiming to preserve surrounding nerves. The goal is to lower the risk of erectile dysfunction and urinary incontinence, which remain common complications after surgery despite advances in robotic precision.

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Provaris Energy Ltd (ASX:PV1, OTC:GBBLF) has taken significant steps forward in its collaboration with Yinson Production AS, issuing 10 million shares to its partner, progressing the formation of a Norwegian joint venture company, and commencing Front-End Engineering Design (FEED) for large-scale liquid CO₂ (LCO₂) tanks.

The initiatives come as demand forecasts point to a substantial build-out of LCO₂ carriers by 2030, and as strong industry interest was confirmed during Gastech 2025 in Milan.

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Race Oncology Ltd (ASX:RAC, OTC:RAONF) has filed three new patent applications after uncovering fresh insights into the chemistry of its lead cancer drug bisantrene.

The company’s scientists found that bisantrene is composed of three light-sensitive photoisomers, with one — the (E,E)-bisantrene isomer — showing significant anticancer activity. Based on this discovery, Race has submitted patent applications covering the isomer’s chemical structure, as well as its manufacturing, formulation and use. If granted, the patents would extend composition of matter protection until 2045.

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Elixir Energy Ltd (ASX:EXR, OTC:ELXPF)’s joint venture partner Xstate Resources Limited (ASX:XST) has confirmed the completion of civil works for the Diona-1 conventional gas well.

EXR maintains a 49% interest in Queensland’s Surat-Bowen Basin Diona Block. Under the farmout arrangement, Xstate is the operator and will fund the drilling program, while Elixir retains exposure to the project’s potential upside.

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