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The Markets
by Proactive
Proactive UK has moved.
Coverage of London’s small caps continues on proactiveinvestors.com
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
Go to Proactive UK
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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The Small Cap Wrap: Acquisitions, profit uplifts, permitting hurdles and more...

AuMEGA Metals Ltd (ASX:AAM, TSX:AUM, OTCQB:AUMMF, FRA:FRA: MA30) will hold its 2026 Annual General Meeting in Newfoundland and Labrador, Canada, on May 28, 2026.

The AGM will be conducted as a hybrid meeting, allowing registered shareholders to attend either in person or online.

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The S&P/ASX Small Ordinaries Index (ASX: XSO) closed at 3,447.20, up 36.20 points or 1.06% for the session, extending its five-day gain to 48.10 points or 1.42%.

Against a firmer backdrop for small-cap resource stocks, several ASX-listed explorers have updated the market on drilling, field programs and project advancement across lithium, gold and copper assets in Brazil, Peru, Australia, New Zealand and Namibia. You can read about the following and more throughout the day.

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Eli Lilly and Co (NYSE:LLY) has delivered another major escalation in the obesity treatment race, unveiling late-stage trial data showing its experimental triple-agonist drug retatrutide helped some patients lose more than 30% of their body weight — results approaching levels traditionally associated with bariatric surgery.

The Phase 3 TRIUMPH-1 study tested retatrutide in adults with obesity or overweight and at least one weight-related condition, but without diabetes. At the highest 12-milligram dose, patients lost an average 28.3% of their body weight over 80 weeks, equivalent to about 70 pounds (31.9 kilograms). Nearly half (45.3%) of participants achieved at least 30% weight loss.

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Josh Gilbert, lead analyst for APAC at eToro Group Ltd (Unlisted (US):ETRO), shares his three things to watch in Australia in the coming days.

It’s a quiet week on the macro front, but April’s monthly CPI read on Wednesday will be the focus for markets. The RBA has hiked three times this year, taking the cash rate higher off the back of an energy-driven shock that the Board simply couldn't ignore. But, we’re finally set up for a pause, with markets pricing virtually no chance of a cut at June’s meeting. The board is clearly willing to sit on its hands for now, and see how the tightening is playing through.

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Nutritional Growth Solutions Ltd (ASX:NGS) has entered into a binding agreement to acquire 100% of Sprout Organic Pty Ltd, owner of what the company says is the world’s first FSANZ-approved 100% organic, plant-based infant formula business.

The acquisition is designed to create a broader paediatric nutrition platform spanning infant, toddler and childhood nutrition, combining Sprout’s infant and toddler products with NGS’s Healthy Heights growth nutrition range.

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Adore Beauty Group Ltd (ASX:ABY) expects FY26 revenue for the first 47 weeks to May 24 to rise 7.4% on the prior corresponding period to $193.4 million, despite softer Q4 trading conditions.

The company expects FY26 underlying EBITDA of about $4 million, representing around 2.0% of revenue, with H2 gross margin forecast in line with the prior year at 34.5%.

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Amplitude Energy Ltd (ASX:AEL, OTC:COPJF, FRA:CDP0) has signed a binding agreement to acquire a 50% interest in the Artisan gas field from Beach Energy, in a deal designed to accelerate new gas supply into Australia’s east coast market.

The transaction covers the VIC/L35 production licence in the Offshore Otway Basin, where Artisan is an existing discovered gas resource about 17 kilometres southeast of Amplitude’s offshore pipeline infrastructure.

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Tarrina Resources Ltd (ASX:TR8, FRA:K2P) has extended the Christmas Gift gold anomaly in southern NSW to 1.16 kilometres, with new soil sampling identifying 35 gold, zinc and copper targets across the project area.

The auger soil sampling program collected 2,527 samples across a 5-kilometre north-south and 2-kilometre east-west area centred on the historic Christmas Gift mine.

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Aurum Resources Ltd (ASX:AUE) has secured a major regulatory milestone for its rapidly growing Boundiali Gold Project in Côte d’Ivoire, receiving environmental approvals across all three proposed mining licence areas as the company pushes towards development studies and eventual production.

Aurum said Côte d’Ivoire’s Ministry of Environment and Ecological Transition had issued three Environmental and Social Impact Assessment (EIESA) certificates covering the BST, BD and BM mining licence applications at Boundiali, which now hosts a 3.22-million-ounce gold resource.

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Highfield Resources Ltd (ASX:HFR) has moved a step closer to resolving a key legal dispute surrounding its flagship Muga potash project in northern Spain after the Spanish Supreme Court formally admitted appeals relating to the Goyo mining concession.

The decision opens the way for a full judicial review of the procedural ruling that previously annulled the process under which the concession was granted, while leaving intact the technical and environmental foundations of the project.

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Provaris Energy Ltd (ASX:PV1, OTC:GBBLF, FRA:WS90) has hit a concept selection milestone for its proprietary liquefied CO₂ tank design, expanding the technology’s potential use across the carbon capture and storage (CCS) supply chain.

The milestone forms part of Provaris’ joint development agreement with Yinson Production and moves the YP-Provaris LCO₂ tank beyond its original reference role in Yinson’s Floating Storage and Injection Unit (FSIU) development program. The technology is now being evaluated for LCO₂ carriers and floating storage terminal solutions.

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