U.S. Global Investors (NASDAQ:GROW) reported a return to profitability in its fiscal third quarter as revenue and assets under management climbed, supported by strength in gold-focused investment strategies and growing investor interest in its defense and technology ETF offerings.
The San Antonio-based investment advisory firm posted net income of $2.7 million, or $0.23 per share, for the quarter ended March 31, 2026, compared with net losses in both the prior quarter and the same period a year earlier.
Snail Inc (NASDAQ:SNAL), the global independent game developer and publisher behind the ARK franchise, reported a strong first quarter on Wednesday, with revenues surging 36% and a return to profitability that sets the stage for an ambitious content pipeline through the rest of the year.
Net revenues rose 35.7% to $27.3 million for the three months ended March 31, 2026, up from $20.1 million in the same period a year earlier, driven by growth in ARK: Survival Ascended and the breakout performance of medieval survival title Bellwright.
Immunic Inc (NASDAQ:IMUX, FRA:10VA) said on Wednesday it remains on track to deliver top-line Phase 3 data for its lead multiple sclerosis drug candidate, vidofludimus calcium, by the end of 2026, as the company strengthens its leadership team and bolsters its balance sheet with a recently completed $200 million private financing.
Along with the release of its first quarter financial results, the biotechnology company said it continues to advance its twin Phase 3 ENSURE-1 and ENSURE-2 trials evaluating vidofludimus calcium in relapsing multiple sclerosis (RMS). Immunic plans to submit a New Drug Application in the US in mid-2027, targeting a potential approval in 2028.
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF, FRA:0XD) announced that operations in Namibia are advancing toward the start of production testing at the Kavango West 1X well, with testing expected to begin before the end of May.
The company, along with partners NAMCOR and BW Energy, said equipment and services for the downhole testing program have been arriving on site from both Namibian and international suppliers.
BioHarvest Sciences Inc (NASDAQ:BHST, FRA:8MV0) said that it has completed the first stage of a multi-stage development agreement with SaffronTech, establishing a stable saffron cell bank that the company says could one day offer a sustainable alternative to one of the world's most expensive agricultural commodities.
The Nasdaq-listed biotech said completion of Stage 1 has triggered the start of Stage 2 under the ongoing agreement, which will focus on using its patented Botanical Synthesis platform to generate enough biomass to support pre-commercial testing and product development for nutraceutical and culinary applications.
Miivo Holdings Corp (TSX-V:MIVO) announced that it has appointed Nicholas Griffin as head of business development, North America, as the company continues expanding its commercial operations in the region.
The Vancouver-based company said the appointment is intended to support growth efforts in North America, which it described as its largest and most strategically important target market.
TNR Gold Corp (TSX-V:TNR, FRA:TNW, OTC:TRRXF) said on Wednesday it has received conditional approval from the TSX Venture Exchange to proceed with a strategic private placement by Altius Resources, a subsidiary of Altius Minerals as part of a previously announced investment agreement.
The company said the private placement is expected to close no earlier than five trading days from the date of the announcement. Under the deal, TNR will issue 23.5 million common shares to Altius Resources for gross proceeds of $4.17 million.
Midnight Sun Mining Corp (TSX-V:MMA, OTCQB:MDNGF) said on Wednesday its ongoing drilling at the Dumbwa copper deposit in Zambia continues to define broad zones of near-surface copper mineralisation, including multiple high-grade intercepts, as it advances one of its largest exploration programs to date.
The Dumbwa deposit, part of the company’s Solwezi project in northwestern Zambia, sits in the Domes Region near First Quantum’s Kansanshi mine and Barrick’s Lumwana operation.
Meren Energy Inc (TSX:MER, STO:MER, OTCQX:MRNFF) reported strong first-quarter operating cash flow and reaffirmed its 2026 production guidance, positioning itself to benefit from growing demand for non-Middle East crude supplies as geopolitical tensions reshape global energy markets.
The company, which holds deepwater oil and gas assets offshore Nigeria and exposure to Namibia’s emerging Orange Basin, posted EBITDAX of $100.2 million for the three months ended March 31, while cash flow from operations before working capital reached $79 million. Meren also declared its second quarterly dividend of 2026 totaling about $25.1 million, bringing year-to-date shareholder distributions to $50.2 million.
Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) announced that it has engaged Vancouver-based Ideon Technologies to launch a borehole muon tomography imaging program at the Lion Zone discovery within its Nisk polymetallic project in Quebec.
The company said the Ideon REVEAL platform will be used to generate a high-resolution, three-dimensional density model of the rock composition surrounding the Lion deposit.
Shares in Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF), the AIM-listed lithium developer, fell 17% to 0.02p after the company raised approximately £1 million through the issue of more than 5.4 billion new shares at 0.0185p each.
The fundraise is heavily dilutive, lifting the total share count to over 38.1 billion, but the proceeds are earmarked for a critical phase in the company's development as its Zulu Lithium project in Zimbabwe approaches production.
Thor Explorations Ltd (TSX-V:THX, AIM:THX, OTC:THXPF, FRA:T2X) told investors that first results from its 2026 drilling programme have expanded the gold footprint at the Douta project in Senegal, as the miner works to add oxide ounces following this year’s pre-feasibility study.
The programme returned high-grade and shallow intercepts across Baraka 3, Makosa Tail and the Bousankhoba licence. At Baraka 3, results included 7.0 metres grading 4.28 grams per tonne gold from 122 metres, 18 metres at 1.31 grams per tonne from 90 metres and 5.5 metres at 2.91 grams per tonne from 185 metres.
Compressed gas transport and storage company Provaris Energy Ltd (ASX:PV1, OTC:GBBLF, FRA:WS90) says Germany’s newly approved renewable transport fuel mandate could mark a major turning point for Europe’s emerging green hydrogen import market, with the company positioning its compressed hydrogen shipping model as a potential solution to looming supply shortfalls.
In a new investor note, the company points to Germany’s formal adoption of the European Union’s Renewable Energy Directive III (RED III) into national law on May 8 as a particularly significant development for the sector.
Imugene Ltd (ASX:IMU, OTC:IUGNF, FRA:ILA) could be significantly undervalued as its focused push into allogeneic CAR-T therapy gathers momentum, according to a new initiation report from RaaS Research, which has assigned the company a risk-adjusted valuation of $0.24 per share — representing 129% upside to the current share price of $0.105.
The broker believes the market is yet to fully appreciate Imugene’s strategic transformation into a streamlined CAR-T-focused biotech centred on its lead asset azer-cel, an “off-the-shelf” allogeneic CAR-T therapy targeting blood cancers.
Anteris Technologies Pty Ltd (ASX:AVR, NASDAQ:AVR) has strengthened its board with the appointments of experienced healthcare and finance executive Susan Knight and company veteran Stephen Denaro as directors.
Knight joins as a Class I director, serving through to the company’s 2028 annual meeting, and will also sit on the audit and risk committee. Denaro returns to the board as a Class II director with a term running until the 2026 annual meeting.
American Rare Earths Ltd (ASX:ARR, OTCQX:ARRNF) has formally started the process towards a planned Nasdaq listing, appointing BDO Audit Pty Ltd as its new auditor as the company continues positioning its Halleck Creek rare earths project as part of a broader US critical minerals supply chain strategy.
The company said BDO’s appointment took effect from May 12 and was made to support its planned US Nasdaq listing, which it is targeting for the second half of calendar year 2026.
Anteris Technologies Pty Ltd (ASX:AVR, NASDAQ:AVR) has reported strong operational progress for the March 2026 quarter as the company advanced recruitment for its global PARADIGM pivotal trial and strengthened its balance sheet with US$320 million in capital raises.
The structural heart company said the funding completed in January would support execution of the PARADIGM Trial and accelerate the path toward global commercialisation of its DurAVR® transcatheter heart valve (THV) system.