St George Mining Ltd (ASX:SGQ, FRA:S0G, OTC:SGQMF) earlier this week reported its thickest mineralised intercept to date at the Araxá Rare Earths and Niobium Project in Brazil, highlighting growing scale potential ahead of an updated mineral resource estimate.
Executive chairman John Prineas said the latest drilling returned the deepest mineralised intercept recorded at the project, extending to 164 metres from surface. He described the result as “a real milestone”, noting that the current resource model extends to 100 metres while high-grade mineralisation now continues well beyond that depth and remains open.
Arizona Gold & Silver Inc (TSX-V:AZS, OTCQB:AZASF, FRA:A9J0) Senior Vice President of Exploration Dr. Lex Lambeck talked with Proactive about ongoing drilling at the Philadelphia project and upcoming exploration plans at Silverton in Nevada.
Dr. Lambeck provided an on-site update from Philadelphia, where the company is currently drilling hole 161.
1911 Gold Corp (TSX-V:AUMB, OTCQB:AUMBF, FRA:2KY) announced that it has entered into a loan agreement with Auramet International to establish a US$30 million secured credit facility.
The financing is intended to support key operational activities at the company’s True North Gold Project, including the purchase of mining equipment, underground development, and the installation of a new crushing circuit at the mill.
EnWave Corp (TSX-V:ENW, OTC:NWVCF, FRA:E4U) reported C$1.6 million in revenue for the first quarter ended December 31, 2025, up C$423,000 from the same period last year, driven by large-scale machine sales and higher royalty income.
Base royalties, excluding exclusivity payments, totaled C$500,000, an 18% increase from the prior year, while total royalty revenue reached C$627,000, up 12% from Q1 2025.
NEXE Innovations Inc (TSX-V:NEXE, OTC:NEXNF, FRA:FRA: NX5), a company specializing in compostable materials, announced it has shipped 315,000 BPI-certified compostable coffee pods so far this year to two existing customers.
The shipments were made to ecoBeans Coffee and a North American office coffee services distributor. The orders included 20 SKUs, eight of which were newly introduced products, reflecting an expansion of NEXE’s product line and its distribution footprint in both retail and commercial channels.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF, FRA:1SS) announced that its Eventdex platform has been selected to provide AI-based matchmaking services for the 2026 Connecticut Business Matchmaker, a small-business procurement and networking event hosted in partnership with the US Small Business Administration (SBA).
The event is scheduled to take place on March 5, 2026, at the Connecticut Convention Center.
Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) has announced a partnership with Tickford Racing, an Australian Supercars team, to trial GMG’s liquid graphene products in motorsport applications.
Under the agreement, Tickford Racing will test GMG products, including G LUBRICANT and THERMAL-XR, on its vehicles and within its operational processes.
EDM Resources Inc (TSX-V:EDM, OTC:SWNLF) said on Friday that it has strengthened its financial position after adding about $900,000 to its treasury through a mix of non-dilutive asset monetization and warrant exercises.
The company sold 20,000 Silver Crown Royalties Inc. (SCRi) common shares for approximately $400,000 in proceeds. SCRi is a publicly traded royalty company focused on acquiring silver royalty interests tied to producing or near-term mining projects.
Candel Therapeutics Inc (NASDAQ:CADL) told investors on Thursday it has priced its previously disclosed public offering of about 18.3 million shares at $5.45 per share.
The clinical-stage biopharmaceutical company said the offering is expected to generate gross proceeds of about $100 million, before deducting underwriting discounts, commissions and other expenses. The transaction is expected to close on or about February 23, 2026, subject to customary closing conditions.
Chariot Ltd (AIM:CHAR, OTC:OIGLF) has raised net proceeds of around US$20 million through an oversubscribed placing and subscription priced at 1.4p a share, as the AIM-listed group lines up funding for a transaction designed to give it near-term economic exposure to offshore Angola production.
The Africa-focused energy company issued new shares at 1.4p, a roughly 13.8% discount to Wednesday's closing mid-price.
With great power comes great responsibility. For Chariot Resources Ltd (ASX:CC9, OTCQB:CHRTF, FRA:ZJ5), it comes with a binding deal for a $1.425 million, following a strategic investment from Jiangsu Greatpower NexEnergy Technology, an affiliate of Shanghai Greatpower Nickel & Cobalt Materials.
Greatpower will subscribe for 9.5 million fully paid ordinary shares at $0.15 per share and receive 19 million free-attaching unlisted options (2-for-1) exercisable at $0.30 and expiring two years from issue.