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The Markets
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The Markets
by Proactive
Proactive UK has moved.
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Archive

Small cap wrap: Trust Stamp, Delivra Health, Standard Uranium…

Trust Stamp Inc (NASDAQ:IDAI, ISE:AIID) has filed a US provisional patent application for an artificial intelligence-based medical diagnostic support system aimed at helping physicians evaluate diagnoses while addressing common limitations of large language models (LLMs).

The patent application, titled "Medical Diagnostic Assurance System" (MDAS), was filed on June 15, 2026. The company said the technology is designed to reduce issues such as confirmation bias and AI hallucinations that can produce inaccurate or fabricated information.

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Delivra Health Brands Inc. (TSX-V:DHB, OTCQB:DHBUF, FRA:3F0) has launched its LivRelief Itch Relief Cream in the Canadian market, expanding its portfolio of over-the-counter health and wellness products.

The company said the product is now available through its distributors, retail partners and e-commerce channels.

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Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF, FRA:VD5N) has expanded its operated land position in Utah’s Paradox Basin for the second time in a week, adding another 2,294 acres immediately north of its White Sands Unit.

The AIM-quoted oil and gas company said it acquired the Utah Trust Lands Administration leases through a sealed-bid auction, after nominating the acreage itself. The leases have a five-year primary term and carry a 16.67% royalty.

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Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF, FRA:9SU0) closed the first tranche of its previously announced non-brokered private placement, raising gross proceeds of C$889,700 to fund exploration and working capital.

The company issued 8.897 million units at C$0.10 per unit. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant is exercisable at C$0.15 per share for 36 months.

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Shipbroker Braemar PLC (LSE:BMS, OTC:BSEAF) said trading in the opening months of its new financial year has remained positive, prompting it to reiterate expectations for profitable growth in line with market forecasts.

The company told shareholders ahead of its annual meeting that momentum seen in the second half of the last financial year had continued into the new year.

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Sintana Energy Inc (TSX-V:SEI, OTCQB:SEUSF, FRA:3ZX1, AIM:SEI) said it expects a busy second half of 2026 after reporting “multiple tangible achievements” across its Atlantic Margin oil and gas portfolio in the first half of the year.

The company highlighted progress in Namibia, where TotalEnergies’ planned farm-in to PEL 83 would see the major take operatorship and carry a three-well exploration and appraisal campaign, expected to start in the second half.

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Nova Minerals Corp (ASX:NVA, NYSE-A:NVA, FRA:QM30) has strengthened its board with the appointment of former JP Morgan metals and mining professional Joshua Girnun as the company advances its US-focused critical minerals strategy and Estelle Gold and Critical Minerals Project in Alaska.

Girnun’s appointment, effective July 1, 2026, comes as Nova moves through what it describes as a pivotal execution phase following its redomiciliation from Australia to the United States. The company said the move was designed to better align its corporate structure with its predominantly US asset base, broaden access to American government and institutional capital and support potential index inclusion.

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Lindian Resources Ltd (ASX:LIN, OTC:LINIF) has completed the first production blast at its Kangankunde Rare Earths Project in Malawi, marking the start of active mining and a major step in its transition from developer to rare earth producer.

The maiden blast was drilled, charged and fired across 206 blast holes, fragmenting about 13,100 tonnes of material, including an estimated 5,500 tonnes of ore.

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Intelligent Monitoring Group Ltd (ASX:IMB, OTC:THRTF, FRA:8YM) has entered a binding agreement to acquire ADT’s residential security business in the United Kingdom for £180 million (AU$347,094), marking a major international expansion and a substantial uplift in recurring revenue.

The acquisition of ADT UK Residential from a subsidiary of Johnson Controls International PLC (NYSE:JCI) will be funded through £155 million in cash and £25 million in IMG shares, subject to customary completion adjustments.

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FireFly Metals Ltd (ASX:FFM, TSX:FFM, OTC:FFMFF) has delivered another strong batch of drilling results from the Green Bay Copper-Gold Project in Newfoundland and Labrador, Canada, with assays reinforcing the continuity and grade of the project’s high-grade core zone.

The latest results, including 42 metres at 6.1% copper equivalent (CuEq) and 51.5 metres at 4.9% CuEq, will be incorporated into an updated resource model underpinning economic studies for the potential upscaled restart of mining at Green Bay.

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