Small cap wrap: Ocean Power Technologies, Zero Candida, Liberty Star Minerals...

Livium Ltd has finalised all relevant subscriptions and repayments under its Placement Agreement with Lind Global Fund II, managed by The Lind Partners.

The company has fully repaid the pre-payment amount to Lind, totalling A$2.27 million, including exit fees. No new shares were issued to Lind as part of the settlement. As of March 13, 2025, Lind's holding in Livium stood at approximately 14.6 million ordinary shares.

Resolution Minerals Ltd has secured firm commitments to raise $1.7 million (before costs) through a placement of fully paid ordinary shares to sophisticated investors. The funds will be used to progress the company’s recently announced antimony acquisitions and for general working capital.

Earlier in the week, the company announced that it had shifted its focus to antimony, with additional gold and copper potential, following a Binding Agreement to acquire three exploration projects in New South Wales and Queensland, spanning approximately 194 square kilometres.

Medical device pioneer Anteris Technologies Global Corp released its full year financial results for 2024, which looked back on a year in which the company re-domiciled to the US and made its debut on the Nasdaq.

Anteris’ Nasdaq IPO raised $88.8 million (A$139.3 million) before costs and commissions and excluding the underwriters’ option – this step finalised the company’s re-domiciliation process.

Liberty Star (OTCQB:LBSR) has announced changes to its leadership team to advance the Red Rock Canyon and Hay Mountain projects in Arizona.

The company has appointed Steve Rivera to oversee geological management for the exploration projects.

Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it received a binding letter of intent to deploy a PowerBuoy for an undisclosed customer to demonstrate the system's survivability and suitability for multidomain defense and security applications in extreme sea conditions.

This follows a teaming agreement signed last year with a major international defense contractor to provide its Merrows suite of solutions in select regions.

Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF) said it had successfully completed energy savings case studies with a Singapore-based bank as part of its partnership with C&W Services Singapore and ACMES, GMG's distributor for Thermal-XR in Singapore.

The case studies, conducted using GMG’s Thermal-XR technology, demonstrated energy savings ranging from 10% to 20% on average, according to GMG.

Alternus Clean Energy Inc (NASDAQ:ALCE, OTC:ACLEW) announced today its goal to relist its common stock on a major national exchange, such as Nasdaq or the NYSE, later this year.

The announcement follows the company’s recent transition to trading on the OTCQB market, a step that CEO Vincent Browne believes positions the company for renewed growth and investor confidence.

Delivra Health Brands Inc. (TSX-V:DHB) announced its Dream Water brand is launching 6-Count Sleep Gummies in the Canadian market.

The health and wellness consumer packaged goods company said this product launch follows the strong market performance of the 60-Count Dream Water Gummies launched in Canada in February last year.

Zero Candida Ltd (TSX-V:ZCT) on Wednesday commenced trading on the OTCQB Venture Market under the ticker symbol “ZCTFF.”

The FemTech company is developing a tampon-like device that leverages AI and therapeutic blue light at a precise wavelength and intensity to treat Candida fungus, with a 99.999% success rate. 

NanoViricides (NYSE-A:NNVC) said on Tuesday that its business remains unaffected by US government tariffs, retaliatory trade policies, or federal spending cuts.

In a statement, the clinical-stage biotech firm highlighted to shareholders that it develops antiviral treatments, not vaccines, and sees growing demand for broad-spectrum antiviral drugs under the policy direction of US Health and Human Services Secretary Robert Kennedy.

Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) said on Wednesday that recent changes in US trade policies and tariffs imposed by President Donald Trump will not affect its operations, supply chain, or service offerings.

The Canada-based company, which specializes in 3D modeling, digital mapping, and AI-powered product photography, said its products do not fall under the categories affected by the tariffs.

Element 25 Ltd has secured the regulatory go-ahead for expansion of its Butcherbird Manganese Project in Western Australia, clearing the way for construction to commence.

The Western Australia Department of Water and Environmental Regulation (DWER) has granted Works Approval for the Butcherbird Expansion Project, which allows Element 25 to increase manganese concentrate production to 1.1 million tonnes per annum (Mtpa).

Evion Group NL has started its maiden shipment of expandable graphite as part of its joint venture (JV) operations with India-based Panthera Graphite Technologies (PGT). 

The initial consignment of 80 metric tonnes has departed for an offtake buyer in Europe, generating around A$400,000 in revenue for the 50-50 partnership.