Small cap wrap: Fineqia, Ocean Power Technologies, NEXE Innovations...
Published: 15:45 13 Mar 2025 EDT
Race Oncology Ltd has the ethics green light from Bellberry Human Research Ethics Committee (HREC) for its Phase 1 dose escalation clinical trial assessing RC220 bisantrene alone and in combination with doxorubicin, in patients with solid tumours.
“Receiving human ethics approval for the first RC220 trial is a significant milestone for Race, in line with our vision to improve cancer patient treatment by developing new cardioprotective therapies with anticancer benefits,” Race CEO and managing director Dr Daniel Tillett said.
Candel Therapeutics Inc (NASDAQ:CADL) said on Thursday it is preparing to submit a Biologics License Application (BLA) for its lead candidate, CAN-2409, in prostate cancer, as the company pushes forward with late-stage development across multiple cancer indications.
CEO Paul Peter Tak said the company enters 2025 “well-resourced with a clear direction,” focusing on regulatory readiness for CAN-2409’s potential approval.
Falcon Gold Corp (TSX-V:FG, OTC:FGLDF) has released high-resolution images from the first two drill holes from its 2024 exploration program at the Great Burnt copper-gold project in Newfoundland.
The images provide a detailed look at the core samples, showcasing promising geological characteristics and mineralization.
Standard Uranium Ltd (TSX-V:STND, OTCQB:STTDF) said it has found four new drill targets thanks to recent geophysical surveys conducted across its Eastern Athabasca Basin uranium projects.
The company said it has completed high-resolution ground gravity surveys on the Atlantic and Rocas projects, as well as an airborne time domain electromagnetic (TDEM) survey on the Corvo project.
Graphene Manufacturing Group Ltd (TSX-V:GMG, OTCQX:GMGMF), which is developing energy-saving solutions with graphene, has announced a $5 million bought deal public offering.
The funds raised will be used to expand GMG’s production capacity and continued research and development to advance graphene aluminum-ion batteries with the Battery Innovation Center of Indiana.
Fineqia International Inc (CSE:FNQ, OTC:FNQQF) announced that its analysis of global Exchange Traded Products (ETPs) with digital assets as underlying collateral revealed a 68.4% year-on-year increase in Assets Under Management (AUM), rising to US$135.7 billion from $80.5 billion at the end of February last year.
Despite this long-term growth, February saw a decline in AUM, dropping 18.6% from US$166.6 billion at the beginning of the month.
Ocean Power Technologies Inc (NYSE-A:OPTT) said on Thursday it has secured a contract with a new European offshore services provider for the near-term delivery of a fully integrated WAM-V system.
The deal marks the company's expansion into the European Union, where it is working with end customers and resellers.
Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) announced that it has signed a Memorandum of Understanding (MoU) with ABB to collaborate on the development of up to 15 modular and scalable green hydrogen production facilities across North America over the next five years.
The company said this MoU will position ABB as the preferred supplier of modular and standard electrical substations (eHouses) for connecting production facilities to local utilities.
NEXE Innovations Inc (TSX-V:NEXE, OTC:NEXNF) said on Thursday it had completed its fifth delivery of compostable coffee pods to EKOCUPS, a US-based online coffee retailer and high-volume Amazon seller.
The company, which specializes in compostable and innovative materials, said it is also working with EKOCUPS to develop new coffee blends and product offerings.
Polarean Imaging PLC's (AIM:POLX, OTC:PLLWF) capital markets day has reaffirmed Stifel’s confidence in its 'buy' recommendation, with the investment bank highlighting the company’s improved commercial strategy and strong clinical potential.
Stifel noted that the event reinforced the advantages of the company's Xenon MRI technology, which offers a detailed, non-invasive way to assess lung function.
Thruvision Group PLC (AIM:THRU, OTC:DIGTF) shares rallied as the firm released an ad hoc trading update, after recent weakness in the market price.
Whilst saying it was not aware of any specific reason for the recent price action, the company reported that it had received several orders from customers in the US, Indonesia, and Europe, with additional orders expected before the end of March.
European Lithium Ltd has delivered a maiden mineral resource estimate (MRE) of 45 million tonnes at 0.4% rare earth oxide (REO) for the Tanbreez Rare Earth Project in Greenland.
The project’s first MRE speaks to its promise as a globally significant heavy rare earth (HREE) resource.
Silver Mines Ltd has kicked off diamond drilling at the Elsienora Project, adjacent to the company’s Tuena Gold Project, 80 kilometres south of the city of Orange in New South Wales.
Elsienora was acquired as an exploration licence application in 2023 and now forms part of the broader Tuena Gold Project portfolio.
Follow-up diamond drilling at Ora Banda Mining Ltd’s Little Gem prospect part of the high-grade Riverina Gold Camp, has confirmed two significant lodes at depth.
