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The Markets
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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
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The Markets
by Proactive
Proactive UK has moved.
Small-cap coverage continues on .com
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Small cap wrap: Ocean Power Technologies, Alvopetro, Abacus Global Management, G Mining Ventures...

Snail Inc (NASDAQ:SNAL) earlier this week outlined its long-term strategy for growth, with chief executive officer Hai Shi highlighting plans to expand profitability through internally developed game releases while positioning the company to compete in the emerging AI-driven gaming landscape.

Speaking with Proactive, Shi reflected on Snail's evolution since its founding in 2000, noting that the company was among China's early internet-era gaming businesses and initially focused on developing 3D games.

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Delivra Health Brands Inc. (TSX-V:DHB, OTCQB:DHBUF, FRA:3F0) earlier this week discussed its latest quarterly results, highlighting the impact of geopolitical tensions on operating conditions while pointing to continued growth in key areas of the business.

Speaking with Proactive, chief executive officer Gord Davey said the company's third-quarter and nine-month results reflected broader global challenges, including rising tariffs, increased shipping costs and higher insurance expenses. While those factors weighed on performance, Davey indicated that management remains focused on areas where it can directly influence outcomes.

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G Mining Ventures Corp (TSX:GMIN, OTCQX:GMINF, FRA:W97) has published its 2025 Sustainability Report, outlining strong safety and environmental performance across its portfolio of gold assets in Brazil and Guyana.

The Toronto-listed gold producer recorded zero work-related fatalities across approximately 3.7 million hours worked during the year, with Total Recordable Injury Frequency Rates of 0.23 at its Tocantinzinho Mine in Brazil and 0.40 at the Oko West Project in Guyana.

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Ocean Power Technologies Inc (NYSE-A:OPTT) has entered into securities purchase agreements with institutional investors for a registered direct offering of 25 million shares of common stock at $0.40 per share, the marine energy company said on Friday.

The offering, priced at a premium to the previous day's closing price, includes common warrants to purchase up to 25 million additional shares.

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Abacus Global Management (NYSE:ABX) has been named to TIME magazine's World's Growth Leaders of 2026, a new ranking produced in partnership with data analytics firm Statista.

The list identifies the top 1,000 public companies worldwide based on revenue growth, market performance, and financial stability.

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Alvopetro Energy Ltd (TSX-V:ALV, OTC:ALVOF, FRA:A6Y0) reported May sales volumes of 3,076 barrels of oil equivalent per day (boepd), based on field estimates.

Brazil operations averaged 2,895 boepd in May, comprising natural gas sales of 16.3 million cubic feet per day (MMcfpd), natural gas liquids (NGLs) from condensate of 174 barrels per day (bopd) and oil sales of 10 bopd. Canadian oil sales averaged 181 bopd.

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Panmure Liberum has downgraded Ceres Power Holdings PLC (LSE:CWR, OTC:CPWHF) from 'buy' to 'sell', arguing that the fuel cell technology company's extraordinary share price rally has outrun the realities of commercial scale-up, sending the shares down 5% to 689p.

The broker raised its price target to 590p from 475p but said the stock, which has risen 244% year to date and 8x over the past 12 months to reach a market cap of £1.4 billion, now prices in manufacturing capacity growth that is unlikely to materialise at the pace the market assumes.

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Shares in Iofina PLC (AIM:IOF, OTC:IOFNF) jumped 6% to 44.9p after it signed an agreement with a new brine water supplier that it expects to increase annual crystalline iodine production at its IO#11 plant in Central Oklahoma by around 50%.

The deal will give the plant, which became operational in July 2025, a second independent brine supply partner alongside its existing provider.

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NewPeak Metals Ltd (ASX:NPM, OTC:NPMFF, FRA:NPM) has completed more than 1,800 metres of diamond drilling at its Las Opeñas Gold Project in Argentina, with the first batch of core samples now submitted for expedited laboratory analysis as the company tests the potential scale of a large gold-polymetallic system.

The company has drilled 1,834 metres across five holes as part of an initial 2,500-metre campaign targeting extensions to historical gold and polymetallic mineralisation within the Belleza breccia area at Las Opeñas.

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Imugene Ltd (ASX:IMU, OTC:IUGNF, FRA:ILA) earlier this week highlighted encouraging clinical progress for its Azer-Cel program after presenting new data at the American Society of Clinical Oncology (ASCO) conference in Chicago, one of the world's largest oncology events.

Managing director and CEO Leslie Chong said the company was selected to deliver an oral presentation from among more than 8,500 submissions received by the conference. According to Chong, attendance at the session was strong, with hundreds of participants present and standing-room-only conditions during the presentation.

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American Tungsten & Antimony Ltd (ASX:AT4, OTCQB:ATALF, FRA:4VZ) has delivered its strongest drill result to date from the Phase 1 diamond drilling program at the Antimony Canyon Project in Utah, with new assays confirming both the grade potential and growing scale of the antimony system at the Little Emma prospect.

The latest results include 10.37 metres at 3.98% antimony from 3.35 metres, including 4.57 metres at 8.56% antimony from 6.71 metres in hole ACP26DD026, alongside 5.73 metres at 2.80% antimony from 48.68 metres, including 1.95 metres at 8.09% antimony from 51.21 metres in hole ACP26DD014.

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