Provaris Energy Ltd (ASX:PV1, OTC:GBBLF, FRA:WS90) earlier this week outlined how a newly completed capital raise will support the next phase of development across the company’s hydrogen and CO₂ transport programs.
Managing director and CEO Martin Carolan told Proactive the company had secured firm commitments to raise $1.325 million through an oversubscribed placement, with funds earmarked for key technical milestones in the lead-up to potential commercial outcomes.
Cobalt Blue Holdings Ltd (ASX:COB, OTC:CBBHF, FRA:COH) earlier this week reported an important technical milestone for its Kwinana Cobalt Refinery project in Western Australia after confirming that cobalt sulphate samples produced using its proprietary refining process meet strict battery precursor material specifications required by a prospective Japanese customer.
Business development manager Joel Crane said the company had produced the cobalt sulphate samples at its Broken Hill Technology Centre before sending them to potential Japanese partners for testing. According to Crane, the material successfully met stringent trace metal purity and physical specifications required by battery precursor and cathode manufacturers.
Purepoint Uranium Group Inc (TSX-V:PTU, OTCQX:PTUUF, FRA:P5X0) earlier this week outlined its exploration momentum in the Athabasca Basin as uranium prices strengthen and investor attention returns to the sector.
Speaking with Proactive at PDAC 2026, CEO Chris Frostad explained that Purepoint Uranium has spent many years building a large exploration portfolio in northern Saskatchewan, positioning the company to benefit from favourable market conditions. The company currently holds around nine to ten exploration projects across the region, many of which are supported through joint ventures with established industry partners.
Artificial intelligence is no longer just a buzzword. It’s fueling a defense-driven spending boom that investors can’t ignore. In his latest op-ed, Frank Holmes, CEO of U.S. Global Investors (NASDAQ:GROW), argues that the AI-in-defense supercycle has already begun. From the Pentagon’s recent push for access to Anthropic’s chatbot technology to surging corporate AI investment, Holmes lays out why cybersecurity, semiconductors, and data center infrastructure are poised for explosive growth, and why savvy investors should be paying attention now.
Last week I was at the MoneyShow in Las Vegas, where I had the pleasure of presenting and joining a panel on artificial intelligence (AI) and data centers.
American Resources Corp (NASDAQ:AREC) said on Friday that its wholly owned subsidiary, Electrified Materials Corporation (EMCO), has expanded its pre-processing capabilities at its Indiana facility to handle larger volumes of recycled metals and minerals, including rare earth elements (REEs) and other critical minerals.
The expansion adds new equipment and processing lines for magnet materials, copper, aluminum, and ferrous metals recovered from end-of-life products and manufacturing scrap.
Alvopetro Energy Ltd (TSX-V:ALV, OTC:ALVOF, FRA:A6Y0) has reported estimated sales volumes of 3,058 barrels of oil equivalent per day (boepd) for February 2026, representing an 8% increase compared with the company’s average production during the fourth quarter of 2025.
Most of the oil and gas firm’s output came from Brazil, where February sales averaged 2,879 boepd.
AtaiBeckley Inc. (NASDAQ:ATAI, XETRA:9VC) has reported its fourth quarter and full-year 2025 financial results, highlighting progress across several clinical programs targeting mental health disorders and outlining upcoming milestones for its pipeline.
The clinical-stage biotechnology company said it remains on track to initiate a Phase 3 pivotal program for BPL-003, its mebufotenin benzoate nasal spray for treatment-resistant depression (TRD), in the second quarter of 2026.
Kavango Resources PLC (LSE:KAV, OTC:KVGOF), the LSE-listed Southern Africa metals explorer and gold producer, rose 18% to 0.88p on Friday after raising approximately $8.4 million through share subscriptions in the UK and Zimbabwe.
The company placed 629,991,138 new shares at £0.01 each, a price representing a 33% premium to the previous day's closing mid-market price, across both the London Stock Exchange and the Victoria Falls Stock Exchange (VFEX) in Zimbabwe.
New Frontier Minerals Ltd (ASX:NFM, FRA:7OR0, OTCQB:NFMXF), the LSE and ASX-listed critical minerals explorer, fell 26% to 0.625p on Friday despite reporting high-grade tungsten results from its Harts Range project in Australia's Northern Territory.
Initial drilling at the Bank Prospect returned grades of 1,237 parts per million (ppm) tungsten oxide over four metres, including a higher-grade interval of 4,860 ppm over one metre at depth.