Variscan Mines (ASX:VAR) has settled the first $0.69m tranche of its $5m placement at 0.4 cents, with the convertible loan terminated.
Small Caps Stocks
Castle Minerals (ASX:CDT) is acquiring 90% of the Nielle Gold Project in Côte d’Ivoire, 50km from Barrick’s 5Moz Tongon mine, and rebranding to TerraNova Metals.
Benz Mining (ASX:BNZ) has confirmed widespread tungsten mineralisation across its 12km Glenburgh gold corridor, adding a potential by-product credit to the gold story.
Austin Metals (ASX:AYT) has lined up a 4,000m RC drilling program at Brunswick Hill targeting five BIF-hosted gold prospects near Caprice’s Vadrians.
WA Kaolin (ASX:WAK) has completed a A$16.1m recapitalisation, raising A$6.0m cash and wiping A$10.13m of debt through cornerstone-led conversions.
Dotz Nano (ASX:DTZ) raises A$3.3 million at 4 cents per share with attaching options, as incoming CEO Nati Harpaz tops his personal stake above A$1m.
OFX Group (ASX:OFX) FY26 EBITDA fell 56% but a strategic review now in Phase 2 with multiple bidders reshapes the investment case.
Leeuwin Metals (ASX:LM1) has started 5,000m of drilling at its Marda Gold Project, testing extensions of a 342,300oz resource and new DHEM targets.
Metallium (ASX:MTM) has won a US$1m Department of War Phase II SBIR contract to scale gallium and germanium recovery from e-waste in Texas.
Great Western Exploration (ASX:GTE) is about to drill 3,000m at its Diorama copper-gold target, with Juggernaut and Baroo programs queued behind it.
