AGORACOM Small Cap CEO Interviews

Small Cap Breaking News You Can't Miss! Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:PyroGenesis (TSXV: PYR)Powering Tata Steel with 99.999% Pure HydrogenPyroGenesis has successfully completed a $9.3M clean hydrogen system for Tata Steel's Indian operations. The 24/7 industrial-scale system converts coke-oven gas into ultra-pure hydrogen, setting the stage for future deployments in over 1,400 blast furnaces worldwide. With sustainability and scalability in focus, PyroGenesis is leading the charge in industrial decarbonization.Canada Nickel (TSXV: CNC)New Nickel Resources Fuel North American GrowthCanada Nickel unveiled initial resource estimates for its Mann Central and Texmont projects near Timmins, Ontario. These additions push the Timmins Nickel District over 9 million tonnes of total nickel resources. With a construction decision at its flagship Crawford Project expected this year, CNC is positioning itself as a cornerstone of North America's critical mineral supply chain.Gladiator Metals (TSXV: GLAD)High-Grade Copper Intercepts in Yukon's Arctic Chief TrendGladiator drilled 77.25m of 0.70% Cu, including 18m at 1.10% Cu, from surface at its Best Chance prospect. These results mark a major breakthrough in reviving Yukon's Whitehorse Copper Belt. A 29,000-meter drill campaign is underway with eyes on a maiden resource by Q2 2026 — strong institutional backing signals growing investor confidence.Maple Gold (TSXV: MGM)Douay Project Delivers Impressive Gold GradesNew drill results show 15m of 4.87 g/t gold, including 5m at 11.25 g/t in the 531 Zone, plus 31m of 2.21 g/t gold in the Nika Zone. These intercepts extend high-grade gold zones and reinforce Maple Gold's vision for the Douay Project as a cornerstone asset in the Abitibi Greenstone Belt.Nova Pacific Metals (CSE: NVPC)Early Success at Lara VMS Project — 29 Holes Still to ComeNova Pacific intersected 11m at 1.8 g/t AuEq, validating its exploration model at the Coronation zone on Vancouver Island. With 29 assays pending and a resource estimate planned for Q4 2025, Nova is well on its way to establishing a new critical metals hub in BC.These small-cap leaders are turning strategy into action — and results. Whether it's clean tech, critical minerals, or high-grade gold and copper, momentum is building across the board.Follow AGORACOM and subscribe to our podcast for more small-cap news you won't want to miss!

HIGHLIGHTS“The continuity, depth, and scale of the structures we're seeing suggest the original mine was just the tip of the iceberg.” — Gordon Robb, CEO, ESGold Corp.District-scale potential: 1,200m deep structures may indicate a much larger system beneath the historic mineDual-track upside: Near-term gold-silver production alongside deep exploration potentialLow-risk entry to cash flow: Fully permitted tailings operation means no big CAPEXNo dilution model: Exploration to be funded by internal cash flow, not equity raisesHigh-margin profile: Surface tailings allow for low capex and rapid paybackTop-tier jurisdiction: Located in mining-friendly Quebec with strong infrastructureWith gold reaching all-time highs in both USD and CAD, ESGold Corp. (CSE: ESAU | OTCQB: ESAUF) is emerging as a rare junior with both near-term cash flow and long-term exploration potential. The company is advancing toward gold-silver production at its fully permitted Montauban Project in Quebec, while newly released subsurface data points to a potentially district-scale system beneath the historic mine.In its latest technical update, ESGold reported the identification of geological structures extending to depths of 1,200 metres — far beyond previously mined zones — based on results from advanced seismic imaging.NEW TECH UNLOCKS OLD GROUNDThe discovery was made using Ambient Noise Tomography (ANT), a modern, non-invasive technique that maps subsurface structures using naturally occurring seismic waves. This method allows ESGold to model underground features without drilling, minimizing cost and surface impact. The early results suggest the Montauban system may be significantly more extensive than previously believed.“We're seeing signatures that resemble the structural architecture of globally significant systems — but we are still in the early stages of exploration.” — André Gauthier, Director of Exploration, ESGold Corp.PATH TO PRODUCTION ALREADY IN MOTIONWhile exploration potential is expanding, ESGold remains focused on near-term production. The company is fully permitted and in the midst of facility construction, targeting initial operations by late 2025. By processing surface tailings — already stockpiled — ESGold aims to generate early revenue with minimal capex and no underground mining.The newly expanded 4,000 sq. ft. processing facility is being designed to handle 500–1,000 tonnes per day. An updated Preliminary Economic Assessment (PEA), expected by the end of summer, will reflect current metals pricing and provide further economic detail.DE-RISKED EXPLORATION FUNDED BY CASH FLOWUnlike many exploration juniors dependent on public financings, ESGold intends to use its production-generated cash flow to support future drilling. This strategy helps preserve shareholder value and reduces dilution. A 3D geological model, incorporating data from the ANT survey and historical drilling, is in development and will guide next-phase targeting.A JUNIOR WITH MAJOR AMBITIONESGold is positioning itself to become both a producer and a long-term explorer — a rare dual capability in the small-cap mining sector. With construction progressing, a PEA pending, and district-scale potential under evaluation, the company is entering a high-catalyst phase.Watch the full CEO interview with Gordon Robb on AGORACOM to learn how ESGold is transforming historic ground into a modern growth story in Canadian gold.

HPQ Silicon $HPQ $HPQFF is making a bold leap into battery commercialization—targeting Q3 2025 to launch its own line of high-performance 18650 and 21700 battery cells for the North American market. The company is now bypassing the traditional two-phase rollout strategy and entering production concurrently with its French R&D partner, Novacium. This shift not only accelerates market access but does so without major capital expenditures, thanks to an outsourced manufacturing model.WHY IT MATTERS TO INVESTORSThis isn't just a pilot project—it's a clear step into revenue-generating operations. HPQ is leveraging its exclusive North American license to manufacture next-gen silicon-enhanced lithium-ion batteries, addressing surging demand in mobility, power tools, and defense.“We're positioned to deliver our own high-performance 18650 and 21700 batteries to the North American market by the end of Q3 2025—unlocking the full commercial value of our exclusive license.” — Bernard Tourillon, President & CEO, HPQ SiliconKEY HIGHLIGHTSZero Capex Entry: Batteries will be produced under HPQ specifications by third-party manufacturers—removing upfront riskPerformance Advantage: Independent testing shows HPQ's Gen 3 battery tech delivers 20–30% more energy over 1,000+ cycles—outlasting common cells that fail after 300Expanding Inquiries: HPQ has confirmed interest from North American stakeholdersDistribution Strategy Underway: Early B2B outreach has begun with spec sheets already requested from potential customers and branding development in progressScalable Opportunity: A 50-ton pilot plant could support production of up to 5 million battery cells, aligning with commercial scale needsWHAT SETS HPQ APARTHPQ Silicon isn't just chasing the battery trend—it's entering with a sellable product, validated performance metrics, and a path to early revenues before building out infrastructure. The company retains flexibility to scale production while maintaining margin strength due to premium battery performance.OUTLOOKThe move to commercialize batteries after years of R&D positions HPQ to potentially sign its first battery contracts before year-end. For investors seeking exposure to the energy transition without the usual Capex risk, HPQ's current trajectory deserves serious attention.Watch the full interview for more insights into HPQ's Q3 commercialization strategy and what's next in the company's multi-vertical roadmap.

AGORACOM TALKS | Weekly RoundupThis week's small-cap highlights span advanced materials, environmental remediation, gold exploration, and next-gen waste management solutions.HPQ Silicon  (TSX-V: HPQ) (OTCQB: HPQFF)HPQ Pilot Test Confirms Breakthrough Fumed Silica PerformanceHPQ Silicon's pilot testing has validated semi-continuous production of high-purity fumed silica—cutting impurities and improving surface area. This marks a major milestone toward commercializing a more efficient, lower-emission process for a $2 billion global market. PyroGenesis (TSX: PYR) (OTCQX: PYRGF)$600K Contract Tackles Europe's Plastic Waste ProblemPyroGenesis has secured a new $600,000 contract with a major European environmental services firm to develop plasma-based solutions for plastic and hazardous waste. The deal, its third with this client, highlights PyroGenesis' growing role in sustainable waste management, helping Europe meet strict recycling targets and landfill reduction goals.Zefiro Methane (Cboe Canada: ZEFI) (OTCQB: ZEFIF) USD $420,000 Contract Expands Orphan Well Remediation WorkThrough its subsidiary Plants & Goodwin, Zefiro has won a $420,000 contract to plug four orphaned wells in Belmont County, Ohio. This follows the company's USD $19.6 million state contract, reinforcing its leadership in methane abatement and environmental restoration. Each well project helps reduce greenhouse gas emissions and restore local environments.Goldshore Resources (TSXV: GSHR) (OTCQB: GSHRF)Goldshore Intersects 42.7m of 1.09 g/t AuGoldshore's latest assays from the Moss Gold Project include wide intercepts like 42.7 meters grading 1.09 g/t gold, reinforcing the QES Zone's open-pit potential. With a 50,000-meter drill campaign underway, the company is aiming to expand its resource base and move toward mine development in one of Ontario's promising gold belts.Aton Resources (TSXV: AAN)First Results From Its Phase 3 Drilling Program hit 14.33 g/t Au Over an Interval of 9 metres and 10.74 g/t Au Over 6 metresAton's Phase 3 drilling at the Semna project returned standout gold grades, including 14.33 g/t over 9 meters. These results support the company's strategy to build a multi-deposit mining hub in Egypt's underexplored Eastern Desert, advancing the region's emergence as a new gold district.That's your small-cap roundup for the week.Follow AGORACOM for more small-cap breakthroughs.

STRATEGIC PROGRESS VALIDATED BY INDUSTRY LEADERHPQ Silicon $HPQ / $HPQFF has taken a major step toward commercializing its breakthrough fumed silica technology. Under a previously announced Letter of Intent (LOI), the leading global manufacturer of fumed silica has now confirmed the quality and performance of HPQ's pilot-scale material—offering rare third-party validation at this stage.This milestone follows the successful completion of Phase One testing, which demonstrated high-purity output, significant impurity reduction, and semi-continuous reactor operation—all critical for industrial production.“Taken together, the results from Phase 1 tests 4 and 5, along with operational data from the three earlier tests, validate the successful 20-fold scale-up of the Fumed Silica Reactor—from lab to pilot scale, and from batch to semi-continuous production.”  — Bernard Tourillon, President and CEO of HPQ Silicon and HPQ Silica Polvere Inc.WHY THIS MATTERSHPQ's patented one-step process converts quartz into fumed silica without toxic byproducts or the need for costly legacy infrastructure. This modular, low-footprint approach positions HPQ to challenge traditional producers in a $2B+ global market.NEXT: FINAL TECHNICAL OPTIMIZATION AND MARKET ENTRYPhase Two testing is set to begin mid-July, with a focus on achieving surface area targets suitable for multiple commercial applications. Success would mark a major step toward offtake discussions—particularly with the global manufacturer evaluating HPQ's material under LOI.THE BOTTOM LINEWith third-party validation secured, pilot operations successfully scaled, and technical risks reduced, HPQ Silicon is approaching a commercial inflection point. Investors looking for exposure to high-impact industrial innovation should be paying close attention.

 Small Cap Breaking News You Can't Miss! Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:Quantum BioPharma (NASDAQ: QNTM | CSE: QNTM)Quantum-backed Unbuzzd Wellness Inc. has launched a $5 million capital raise to support the growth of unbuzzd™, its fast-acting alcohol recovery beverage. The funding will fuel direct-to-consumer and retail expansion and could pave the way for a future IPO. Clinical trials show unbuzzd™ significantly accelerates alcohol metabolism and improves next-day recovery, positioning it as a unique player in the wellness market.HIVE Digital Technologies (TSXV: HIVE | NASDAQ: HIVE)HIVE reported $115.3 million in fiscal 2025 revenue, with a threefold increase in its AI GPU business to $10.1 million. Despite Bitcoin mining headwinds post-halving, HIVE is scaling aggressively, expanding operations in Paraguay and growing its sustainable green-powered mining capacity. The company is targeting 25 EH/s by the end of 2025 as it deepens its role in Bitcoin mining and AI infrastructure.Kodiak Copper (TSXV: KDK)Kodiak unveiled its initial resource estimate for the MPD copper-gold project in British Columbia, reporting over 1.6 billion pounds of copper and 1.2 million ounces of gold across indicated and inferred resources. The discovery spans four zones, with drilling underway at three more. Kodiak is aiming to deliver a full resource update by the end of the year, strengthening its position in the copper-gold sector.NexGold (TSXV: NEXG)NexGold continues to hit high-grade gold at its Goldboro Gold Project in Nova Scotia. Recent drill results include 3.58 g/t gold over 18.3 meters and 103.5 g/t gold over 0.7 meters. The company has completed its 26,854-meter drill program and is on track for a mineral resource update and feasibility study later this year—critical steps toward advancing the project toward production.Onyx Gold (TSXV: ONYX)Onyx Gold is rapidly building momentum at the Munro-Croesus Project in Ontario's Timmins gold camp. New step-out drilling at the Argus North Zone delivered 91.0 meters of 1.8 g/t gold, including a 17.0-meter interval at 5.3 g/t gold.The zone has now shown continuity over 100 vertical meters and remains open for expansion in all directions.Sitka Gold (TSXV: SIG)Sitka Gold kicked off its 2025 drill campaign at the RC Gold Project in Yukon with a standout hit: 211.2 meters of 1.13 g/t gold, including 73.2 meters at 2.05 g/t gold. With visible gold observed across multiple zones and over 10,000 meters drilled so far, Sitka is building toward expanding its multi-million-ounce resource in the highly prospective Tombstone Gold Belt.Follow AGORACOM for more breaking small-cap news and daily updates on the companies shaping tomorrow's markets!

Small Cap Breaking News You Can't MissHere's a quick rundown of the latest updates from standout small-cap companies making big moves today:Arizona Metals (TSXV: AMC | OTCQX: AZMCF)Arizona Metals just hit one of the highest-grade intercepts yet at its Kay Mine Project: 29.6m at 10.7 g/t AuEq. This strengthens the Kay2 Zone as a major gold-copper discovery. With a Mineral Resource Estimate due this month and a Preliminary Economic Assessment to follow, the company is fully funded and expanding drilling to high-potential targets across Arizona.Heliostar Metals (TSXV: HSTR | OTCQX: HSTXF)Heliostar is generating cashflow by drilling historic stockpiles at the La Colorada Mine in Mexico. Recent results include 10.7m at 1.81 g/t gold. This low-capex strategy is funding future expansion and proving that historic waste still holds serious value when executed right.Abitibi Metals (CSE: AMQ)Abitibi Metals delivered strong results at its B26 Copper Project in Quebec, including 4.8% CuEq over 4.1m. With a 20,000m drill program in progress and backing from government partner SOQUEM, the company is focused on expanding and upgrading its 11.3 million tonne resource in one of Canada's most promising mining regions.Founders Metals (TSXV: FDR)Founders Metals announced a significant gold discovery at the Maria Geralda zone in Suriname: 22.5m at 11.88 g/t gold. This is the highest-grade intercept at the Antino Project to date and opens a new zone for expansion. Fully funded for 60,000 meters of drilling in 2025, the company is positioned to define a major new gold resource.Nova Pacific Metals (CSE: NVPC)Nova Pacific released its first assay results from the Lara VMS Project on Vancouver Island, including 16.2m at 3.2 g/t AuEq. The drill program confirms historic data and sets the stage for a new NI 43-101 compliant resource estimate later this year. With multi-metal upside and a strategic location, Nova Pacific is unlocking new value in a historic district.For more small-cap news and real-time updates, follow AGORACOM across all platforms. Subscribe to the AGORACOM Small Cap Podcast for the stories behind the headlines.

AGORACOM TALKS Weekly RoundupCatch up on the small-cap breakthroughs driving battery innovation, environmental restoration, medical imaging, and resource expansion:HPQ Silicon (TSX-V: HPQ) (HPQFF: OTCQB) Begins Industrial Battery Production Using Breakthrough Silicon Anode TechHPQ Silicon and French partner Novacium have moved from lab success to industrial production, launching next-gen lithium-ion battery cells with GEN3 silicon anode tech. The cells boast up to 6,000 mAh and over 1,000 cycles, aimed at mobility, telecom, and defense. With production underway in Europe and a North American license in hand, HPQ is set to capitalize on surging energy storage demand—marking a clear transition from R&D to revenue.Zefiro Methane (CBOE Canada: ZEFI)(OTCQB: ZEFIF)USD $19.6M State Contract Secured Zefiro Methane has locked in a $19.6M, 3-year contract with the State of Ohio to plug ~200 leaking oil and gas wells. Through its subsidiary, Plants & Goodwin, the company will lead the high-impact project under a CMAR structure—tackling methane emissions while creating local jobs. With federal funds backing the effort, Zepheero is now a key player in the cleanup economy, turning environmental liability into long-term opportunity.Quantum BioPharma (NASDAQ: QNTM) (CSE: QNTM)First Multiple Sclerosis Patient ScannedQuantum BioPharma and Massachusetts General Hospital have completed the first scan of an MS patient using a novel PET tracer for demyelination. This could be a game-changer for tracking disease progression and accelerating trials for Quantum's lead MS therapy, Lucid-21-302. The advanced imaging could enable real-time measurement of treatment impact—bringing clarity to one of neurology's toughest challenges.Draganfly (NASDAQ: DPRO) (CSE: DPRO)100% Success in U.S. Army Trials — Autonomous Drone Logistics Takes FlightDraganfly's Commander 3XL drone, equipped with TB2's DROPS system, achieved flawless results in U.S. Army field trials. The system autonomously executed tactical resupply missions—pickup, delivery, docking, and recharging—without human input. With battlefield logistics moving toward full autonomy, this test cements Draganfly's role in reshaping military support operations for the 21st century.NexGold (TSXV: NEXG) (OTCQX: NXGCF)Goldboro Drilling Delivers High-Grade Hits - 1.60 g/t over 36.80m, including 53.57 g/t over 0.60mNexGold's 25,000-metre drill campaign at the Goldboro Project continues to impress, with infill holes intersecting 1.60 g/t over 36.80m, including 53.57 g/t over 0.60m. These results improve confidence in the resource model and could lead to upgraded classifications ahead of a feasibility update in late 2025. With permitting milestones also advancing, Goldboro is shaping into a leading near-term gold development story in Atlantic Canada.That's a wrap for this week. Follow us for more small-cap headlines and investor intelligence.

WHAT YOU NEED TO KNOW• Battery production has officially begun • First batch of cells is already in transit to clients • HPQ holds exclusive commercialization rights in North America • Technology successfully integrated by large-scale industrial partner • Target markets include military, drones, and industrial equipmentHPQ Silicon $HPQ / $HPQFF has entered a pivotal new phase. In partnership with Novacium, the company has launched industrial production of advanced lithium-ion batteries using its proprietary silicon-based anode material — a key enabler of higher performance and longer cycle life.The first production run, consisting of cylindrical cells in 18650 and 21700 formats, has already been completed and is now ready to ship to early clients . This early delivery milestone marks a critical shift from R&D to real-world application and positions HPQ for potential near-term revenue.STRATEGIC EXECUTION WITH GLOBAL-SCALE MANUFACTURING PARTNERRather than invest in costly infrastructure, HPQ partnered with an established battery manufacturer that already produces tens of millions of cells annually. This partner has successfully integrated HPQ's material into its existing production line — validating the technology's compatibility and accelerating time to market.“This strategic acceleration is a response to the strong market interest,” said Dr. Jed Kraiem, COO of Novacium. “Our objective is to deliver the first commercial units and begin formalizing partnerships before the end of Q3 2025.”That timeline points to potential commercial deliveries as early as July, and underscores growing demand from sectors like defense, drones, and specialty electronics.HOW HPQ BENEFITSHPQ will participate in two ways:28% of all revenues generated by Novacium from international salesThrough direct sales under its exclusive license for North America (Canada, U.S., Mexico)This structure allows HPQ to build recurring revenue while maintaining asset-light scalability.WHY IT MATTERS• First production achieved within 18 months of initial results • No need for large capital outlays — a lean, scalable model • Strategy may qualify for government funding when localized to Canada • Intentional, milestone-driven communication strategy is now paying offLOOKING AHEAD: SMART SCALING AND STRATEGIC FOCUSAs demand grows, HPQ plans to bring battery manufacturing to Canada — a move aimed at reducing logistics costs and capturing government support. Importantly, the company is also exploring a potential future spin-out of its battery business to better align with focused investors.BOTTOM LINEHPQ is no longer just proving technology in the lab — it's producing, shipping, and positioning for revenue. With early clients engaged and commercial units expected by Q3 2025, the company is delivering on its roadmap.

Small Cap Breaking News You Can't MissHere's a quick rundown of standout small-cap companies making major moves today — from battery breakthroughs to gold strikes and clean-tech milestones.HPQ Silicon (TSXV: HPQ) HPQ and its French partner Novacium have officially launched industrial production of high-performance lithium-ion battery cells using their proprietary GEN3 silicon-based anode. These next-generation cells boast capacities of 4,000 to 6,000 mAh and can achieve over 1,000 charge cycles, all while being fully compatible with existing lithium-ion manufacturing lines. The first commercial samples are scheduled to ship by Q3 2025. With exclusive rights to the technology in North America, HPQ is poised to generate revenue and localize production, marking a significant leap from lab-scale R&D to industrial commercialization in under 12 months.Zefiro Methane (Cboe: ZEFI) Zefiro's wholly owned subsidiary, Plants & Goodwin, has secured a $19.6 million contract from the Ohio Department of Natural Resources to manage the plugging and abandonment of 200 marginal oil and gas wells over a three-year period. This federally funded initiative is aimed at reducing methane emissions and supports Zefiro's carbon credit generation model. The contract strengthens the company's position as North America's leading well-plugging operator and reinforces its dual mission of environmental remediation and profitable carbon offset creation.Maritime Resources (TSXV: MAE) Maritime Resources has reported high-grade gold intercepts at its Hammerdown Gold Project in Newfoundland, including 24.5 grams per tonne over 13.9 meters and 42.2 grams per tonne over 8.0 meters. These results are near surface and fall within a fully permitted open-pit zone, enhancing the potential for near-term gold production. With ownership of key infrastructure like the Pine Cove mill, Maritime is strategically positioned to transition from exploration to production rapidly.Red Pine Exploration (TSXV: RPX) Red Pine Exploration has announced significant drill results at its Wawa Gold Project in Ontario, including 45.38 grams per tonne of gold over 3.13 meters, with a bonanza-grade interval of 141 grams per tonne over 0.88 meters. These near-surface results support the company's strategy for open-pit development and will feed into an updated mineral resource estimate, anticipated later this year. With its 25,000-meter drill program nearly complete, Red Pine is laying the groundwork for a 2026 Preliminary Economic Assessment.Great Pacific Gold (TSXV: GPAC) Great Pacific Gold continues to deliver strong drill results at its Wild Dog Project in Papua New Guinea. The latest assay from hole WDG-04 returned 6 meters grading 8.6 grams per tonne gold equivalent, following an earlier hit of 7 meters at 10.3 grams per tonne in hole WDG-02. These results confirm the presence of a high-grade gold-copper vein system extending over 200 meters of strike length. As the company advances its Phase 1 drilling campaign and prepares for a maiden resource estimate, Great Pacific Gold is positioning itself as a rising exploration story in one of the world's most mineral-rich regions.Follow AGORACOM on our podcast and social channels for more breaking small-cap news, CEO interviews, and investor insights.

AGORACOM TALKS Weekly RoundupCatch up on the most important small-cap moves shaping the future of materials tech, resource security, climate resilience, and aerospace innovation:HPQ Silicon  (TSX-V: HPQ) (OTCQB: HPQFF)Fumed Silica Gets Industrial Validation — Commercial Disruption NearsHPQ Silicon secured a game-changing endorsement from a world-leading fumed silica manufacturer, confirming that its plasma-based process produces high-quality output. This one-step, clean-tech method bypasses traditional energy-intensive systems, positioning HPQ as a sustainability-driven disruptor in a $2B+ market. With rapid testing cycles and scalability confirmed at the pilot level, HPQ is shifting from R&D to real-world readiness—attracting the attention of global materials players.AISIX Solutions (TSXV: AISX) Wildfire Alliance Forged — AI Meets Boots on the GroundAISIX Solutions has announced a strategic partnership with Carmanah Wildfire, combining artificial intelligence driven climate risk data with boots-on-the-ground expertise. The alliance delivers property-level risk assessments, fuel mitigation, and community outreach across high-risk zones in BC, Alberta, and Ontario. As wildfires intensify nationwide, AISIX is expanding its impact beyond analytics—leveraging artificial intelligence through partnerships that enable full-spectrum climate resilience services.ESGold (CSE: ESAU) (OTCQB: ESAUF)ESGold Nears Production at MontaubanESGold is nearing a major inflection point at its Montauban Project, with construction accelerating and concentrate testing underway. Its gravity-based, chemical-light recovery process is fully permitted and designed for fast deployment. With an updated Preliminary Economic Assessment and seismic 3D model due this month, ESGold is shaping up as one of the few junior players on the verge of clean, near-term precious metals production.Draganfly (NASDAQ: DPRO) (CSE: DPRO)U.S. Border Drone Program Launched — Domestic Security Tech Takes FlightDraganfly has been tapped by the Cochise County Sheriff's Department to lead a new drone initiative at the U.S.-Mexico border. Backed by a federal executive order on American drone dominance, this pilot program showcases Draganfly's mission-ready tech for 24/7 surveillance and emergency response. The move aligns with rising policy support for domestic drone systems—and could open the door to broader adoption across U.S. security agencies.NevGold (TSXV:NAU) (OTCQX:NAUFF)Cadillac Valley Delivers: 1.7km Strike, High-Grade Gold-Antimony Hits for NevGoldNevGold's latest drilling at its Cadillac Valley target in Nevada has revealed extended gold-antimony mineralization, expanding the zone to 1.7 km. As the U.S. ramps up its search for critical minerals and antimony supply chains face pressure from China, NevGold is emerging as a strategic North American player. With a Mineral Resource Estimate on deck and metallurgical testing underway, the company is positioning itself at the intersection of gold potential and national resource security.That's a wrap for this week. Follow us for more small-cap headlines. 

HPQ Silicon $HPQ / $HPQFF is taking aim at one of the most entrenched—and overlooked—industrial markets: fumed silica. Found in everything from cosmetics to pharmaceuticals and batteries, this material hasn't seen a meaningful manufacturing innovation since World War II. That may be about to change.In a major step toward commercialization, HPQ announced that a leading global fumed silica manufacturer—a $10 billion industry heavyweight—has independently confirmed that the company's pilot plant successfully produced fumed silica using its proprietary Fumed Silica Reactor. This marks a pivotal third-party validation of HPQ's clean-tech, direct-from-quartz process.WHY THIS MATTERSTraditional fumed silica production relies on multi-step processes with high energy input and chemical byproducts. HPQ's plasma-based FSR process simplifies this by producing fumed silica directly from quartz.Today's milestone confirms: Completion of a fourth successful pilot test Independent verification that the output is fumed silica A five-day turnaround for technical feedback—dramatically accelerating R&D cycles“Gaining direct access to the testing facilities of a global leader significantly accelerates our validation efforts for HSPI's FSR technology and its ability to produce fumed silica that meets their rigorous specifications,” said Bernard Tourillon, CEO of HPQ Silicon.ACCELERATED TESTING, STRATEGIC VALUEThe validation was delivered within just five business days—far faster than the 30-day cycle typical of academic testing. This rapid feedback loop allows HPQ to refine its process with real-time industry input and make informed adjustments between tests. The partnership is expected to improve the speed, precision, and cost-efficiency of product development as HPQ progresses toward commercial output.LOOKING AHEADWhile the current test confirms pilot-scale success, HPQ has stated that further optimization is underway. The insights from the global manufacturer will help improve material quality, reduce impurities, and support the company's path to larger-scale operations.Next steps include: Additional pilot batch testing Enhanced performance based on third-party guidanceOngoing collaboration through established LOIs with global playersFINAL TAKEWith third-party validation now secured, HPQ is gaining meaningful momentum. Its direct-from-quartz plasma process represents a potential leap forward in how fumed silica is produced—offering advantages in cost, sustainability, and scalability. While commercial-grade production remains a near-term target, today's milestone offers clear confirmation that HPQ's disruptive technology is working—and gaining attention in a multi-billion-dollar global industry.

Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:Soma Gold (TSXV: SOMA)Extends High-Grade Gold Vein by 135mSoma continues to impress at its Cordero Mine in Colombia, intersecting 7.5 g/t gold over 6.0m in the Venus Gap vein. This drill campaign confirms the vein extends 135 meters deeper, signaling longer mine life and strong exploration upside. New underground access is on track for Q4 2025.Goldshore Resources (TSXV: GSHR)New High-Grade Zones Found at Moss Gold ProjectGoldshore is advancing its Moss Project in NW Ontario with intercepts like 17.7m @ 1.52 g/t gold and 6.85m @ 3.01 g/t. These discoveries on the northern flank of the QES Zone could enhance economics and boost near-term development potential.Sitka Gold (TSXV: SIG)65.0m of 2.00 g/t Gold + Visible Gold DiscoveryAt the RC Gold Project in Yukon, Sitka hit 65m @ 2.00 g/t gold—including 6.3m @ 5.53 g/t—and mobilized a fourth drill rig to the high-priority Rhosgobel target. Visible gold was observed at Saddle zone, reinforcing district-scale upside and underground potential.Canada Nickel (TSXV: CNC)Massive Initial Resource at Mann West Surpasses Flagship ProjectCanada Nickel revealed a game-changing 1.0B+ tonne nickel resource at Mann West, with 2.26M tonnes of contained nickel and nearly 1M ounces of palladium and platinum. Mann West is now bigger than Crawford and is just one of eight new resources expected this year.Follow AGORACOM and subscribe to our podcast for more breaking small-cap news and updates as they happen.

When the CEO of an international company says a small-cap company's technology represents a major breakthrough in decentralized high-pressure hydrogen production, you should probably pay close attention. That's exactly what the CEO of Pragma Industries said about HPQ Silicon and its partner Novacium. The companies have signed a commercial and industrial cooperation agreement to advance their METAGENE™ green hydrogen production system.

Small Cap Breaking News You Can't Miss! Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:AISIX Solutions (TSXV: AISX)AISIX has partnered with Carmanah Wildfire to deliver real-world wildfire mitigation services alongside its AI-powered risk assessments. This strategic alliance combines predictive climate tech with boots-on-the-ground response—targeting high-risk zones in BC, Alberta, and Ontario. Carmanah CEO Nick Hill also joins the AISIX Advisory Board, adding operational depth to the company's wildfire strategy.ESGold Corp. (CSE: ESAU)Construction at ESGold's Montauban Project is accelerating, with new tailings testing, an updated Preliminary Economic Assessment, and 3D geological modeling underway. The company remains on track for Q4 2025 production, positioning itself as a clean-tech leader in gold recovery using chemical-free, gravity-based separation systems.Quantum BioPharma (CSE: QNTM | NASDAQ: QNTM)Quantum has ramped up its crypto holdings to $5M USD, reinforcing its position at the intersection of biotech and blockchain. The company sees digital assets as both a hedge and an operational tool, while continuing development of its lead MS compound and OTC alcohol recovery solution, unbuzzd™.HPQ Silicon (TSXV: HPQ)HPQ, NOVACIUM, and Pragma Industries have signed an agreement to commercialize METAGENE™—a decentralized hydrogen production system that works without electricity or high-pressure storage. Targeting drones and soft mobility, a 10 kg/day pilot will launch in 2026. This technology could redefine green hydrogen access and infrastructure.Draganfly (NASDAQ: DPRO)Draganfly has been selected by the Cochise County Sheriff's Department for a new drone surveillance pilot tied to the recent “Unleashing American Drone Dominance” executive order. The deployment strengthens U.S. border operations and positions Draganfly for expanded adoption across law enforcement and national security programs.Follow AGORACOM for more breaking small-cap news—and subscribe to our podcast for deep dives into the companies shaping tomorrow.

Small Cap Breaking News You Can't Miss! Here's a quick rundown of standout small-cap companies making major moves today across copper, silver, clean energy, critical minerals, and more!ATEX Resources (TSXV: ATX)Intersects 536m of 1.04% CuEq at its Valeriano Project in ChileHigh-grade core: 36m at 3.05% CuEq within 126m at 2.04% CuEqInfill drilling confirms scale and continuity ahead of 2025 Mineral Resource EstimateWaste Energy Corp (OTCQB: WAST)Selects Houston, Texas for its first waste-to-energy plantMoves HQ to Houston and files Q1 10-Q, marking a transition to growth phaseLocal feedstock: 1.2 million tons of plastic and 25 million scrap tires annuallyAnaergia (TSX: ANRG)Wins approximately $40 million contract to build biogas plant in South KoreaConverts 54,000 tons per year of organic waste into 2MW renewable energyMarks strategic expansion into Asia's clean energy marketAbasca Resources (TSXV: ABA)Discovers new Thor Graphite Zone parallel to Loki Deposit in SaskatchewanGrades up to 13.38% Cg over 8m — Thor remains open in all directionsCloses $1 million private placement to accelerate explorationSantacruz Silver (TSXV: SCZ)Reports 3.69 million ounces AgEq production in Q1 2025Strong output from Zimapan (Mexico) and Bolivian assets despite seasonal slowdownsHighlights operational resilience and strategic focus on silver marginsPower Metallic Mines (TSXV: PNP)Expands Nisk Project by 300% with 167 km² acquisition from Li-FT PowerFully funded 100,000-meter drill program underway across polymetallic targetsBuilding Canada's next potential mining district with full geological controlStay tuned with AGORACOM for more small cap news that moves markets.

Small Cap Breaking News You Can't Miss!Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:Metals Creek (TSXV: MEK)High-Grade Copper-Silver at Tillex Project Near Timmins Metals Creek intersected 1.52% Cu and 8.48 g/t Ag over 28.8m, including a core of 2.61% Cu and 14.92 g/t Ag over 13.27m. This shallow, high-grade hit strengthens the case for cost-effective open-pit development just 40m below surface. With more assays on the way and proximity to Glencore's Kidd Creek complex, Tillex is shaping up as a potential standout in Canada's copper narrative.VSBLTY Groupe (CSE: VSBY)Two LOIs for Massive Smart City Projects in LATAM VSBLTY is going big in the smart infrastructure space, signing LOIs to deploy 35,000+ AI-enabled sensors across Caribbean and Central American communities. These projects integrate facial/weapon recognition, tourism-enhancing interactive displays, and public safety tools—anchoring VSBLTY as a key smart city player in emerging markets.Power Metals (TSX-V: PWM)Case Lake Confirmed as World's 4th Largest Hard-Rock Cesium Resource A maiden resource of 13,000 tonnes grading 2.40% Cs₂O officially puts Canada on the cesium map. With 17 untested zones and strong infrastructure, Power Metals is now a critical mineral leader amid growing North American demand for battery metals and national security applications.Great Pacific Gold (TSXV: GPAC)Wild Dog Project Hits 7.0m of 10.3 g/t AuEq in Papua New Guinea Early drilling at this underexplored project yielded a 7.0m intercept with gold and 3.1% copper, including a 2.0m section at 14.3 g/t AuEq. With historic gold workings, modern geophysics, and aggressive drilling underway, this could be PNG's next major discovery.NexGold (TSXV: NEXG)High-Grade Infill Drilling at Goldboro – Up to 67.84 g/t in Nova Scotia NexGold hit 11.87 g/t over 6.1m and 3.77 g/t over 9.1m in its ongoing 25,000m drill program. These results support the potential upgrade of existing resources and bolster confidence in its upcoming feasibility study. Nova Scotia's next producer? It's looking likely.Follow AGORACOM for more breaking small-cap news and real-time updates on our podcast! Your hub for uncovering the next big opportunity—before the market does.

Q1 2025 Financial Highlights (CAD):Revenue: $3.9 million — a 54% increase from Q1 2024's $2.5 million.Net Income: $86,000 — a turnaround from a net loss of $1.0 million in Q1 2024.Adjusted EBITDA: $112,000 — compared to a negative $755,000 in Q1 2024.Cash Position: $4.7 million as of March 31, 2025, up from $3.9 million at December 31, 2024.Working Capital: $6.3 million as of March 31, 2025, compared to $5.9 million at December 31, 2024.Kidoz Inc. $KDOZ / $KDOZF is capturing investor attention with its record-setting Q1 2025 performance and growing global footprint. The company specializes in privacy-first mobile advertising for children and families—an area of mounting importance in a post-cookie, compliance-driven world. Trusted by brands like Lego, Mattel, McDonald's, and Kraft, Kidoz now operates in over 60 countries through 5,000 apps that reach more than 500 million users monthly. “Kidoz experienced unprecedented demand from our brand partners in the first quarter of 2025, sending revenue to record first quarter highs. This incredible performance enabled our second consecutive quarterly profit and positions the Company perfectly to secure a record full year of operations”   – Jason Williams, CEOSTRATEGIC MOVES: GOING DIRECT AND EXPANDING GLOBALLYKidoz has pivoted toward direct relationships with brands, especially in the U.S., while continuing to work with trusted resellers in Europe. This strategy is translating into stronger engagement, deeper partnerships, and expanded brand trust. The company's adtech stack now includes programmatic infrastructure — giving advertisers full-spectrum tools to reach their target audiences.WHY MARKET CONDITIONS ARE TAILWINDS - NOT HEADWINDSAs AI reshapes traditional digital advertising, Kidoz remains well-positioned by focusing on in-app mobile gaming—a fast-growing entertainment vertical that remains untouched by algorithmic disruption. Gaming is increasingly favored by advertisers because it offers a controlled, brand-safe environment, unlike social media platforms that are often crowded, unpredictable, and subject to reputational risks.Kidoz's system is built to comply with privacy laws from the ground up, ensuring that brands don't have to sacrifice performance to stay compliant. Its contextual, tracking-free technology allows companies to reach under-13 audiences effectively, without regulatory risk or inflated costs.“Unlike adtech peers navigating regulatory headwinds, Kidoz was purpose-built to meet the strictest data privacy laws. It is certified by PRIVO under COPPA Safe Harbor and GDPRkids™, offering global advertisers a safe, scalable solution in a highly regulated space.”MARKET OUTLOOK AND FUTURE POTENTIALWith a profitable business model, accelerating demand from global brands, and a compliance-first architecture, Kidoz is positioned for long-term growth. The company is actively developing new products to reduce seasonality and drive more stable, year-round performance.CONCLUSIONKidoz has proven its model with strong financials, global reach, and a value proposition that resonates in today's privacy-focused ad market. For investors seeking high-growth small caps with recurring revenue, regulatory advantages, and real traction, Kidoz is a compelling story to watch unfold.

AGORACOM TALKSWeekly Roundup Catch up on the most impactful developments from small-cap innovators in aerospace tech, digital infrastructure, advanced materials, gold exploration, and climate analytics:PyroGenesis (TSX: PYR) (OTCQX: PYRGF)Titanium Powder Approved by Boeing — Aerospace Breakthrough Secured PyroGenesis has officially achieved Boeing supplier status, qualifying its titanium powder for use in aerospace-grade 3D printing.The approval marks a milestone for the company's NexGen™ plasma atomization system, positioning PyroGenesis as a key player in high-performance additive manufacturing. With global demand rising for critical minerals and next-gen materials, this breakthrough puts the Montreal-based firm on the radar of aviation and defense giants.NuRAN Wireless (CSE: NUR) (OTCQB:NRRWF)Triple-Digit Growth and Positive EBITDA — Rural Connectivity Gets a Boost NuRAN Wireless has reported a 285% year-over-year revenue increase for Q1 2025, reaching $2.21 million and marking a major milestone with positive EBITDA of approximately $450,000. The company also posted gross profit of $1.9 million, representing an 86% margin, and successfully reduced its net loss despite ongoing growth-stage investments.This financial turnaround is being driven by the continued rollout of its Network-as-a-Service (NaaS) model, with 20 new sites deployed across underserved regions in Africa during the quarter.Kidoz Inc. (TSXV: KDOZ)Back to Black — AdTech Innovator Returns to Profitability Kidoz Inc. posted a 54% year-over-year revenue increase in Q1 2025, generating $2.74 million USD compared to $1.79 million in the same period last year.The company swung to a net income of $60,142, a significant turnaround from a $719,583 loss in Q1 2024. Kidoz also reported positive free cash flow of $491,495, reversing a negative $599,096 from the prior year. The company's kid-safe, contextual mobile advertising platform continues to gain traction in a post-cookie environment, with disciplined cost management and a strong cash position of $3.27 million supporting ongoing growth.HPQ Silicon (TSXV: HPQ) (OTCQB: HPQFF)Global Manufacturer Requests Early Samples — Commercialization Accelerates HPQ's pilot fumed silica reactor has drawn early interest from a global manufacturer — ahead of schedule.Backed by validated lab results and a clean, single-step production process, HPQ's tech is positioned to disrupt a high-value materials market long dominated by energy-intensive giants. Commercial readiness is now on the horizon, with 50 tonnes/year as the next scale target.AISIX Solutions (TSXV: AISX) (OTC: AISXF)New Wildfire Risk Platform Launches — Real-Time Climate Tools Go Live AISIX Solutions Inc. has officially launched its redesigned website, delivering a streamlined gateway to its Artificial Intelligence-powered wildfire risk tools.The new platform provides sector-specific climate risk solutions for insurance, government, finance, engineering, and mining — all powered by the company's proprietary wildfire models, including Wildfire 3.0. With more than 30 million fire simulations and explainable, AI-driven data, AISIX helps users assess property-level wildfire exposure, support underwriting, and inform emergency and infrastructure planning.ESGold (CSE: ESAU) (OTCQB: ESAUF)Gold & Silver Pour Tests Begin — Clean Production on Deck ESGold has begun final spiral testing at its Montauban Project in Quebec, aiming to produce pour-grade gold and silver without chemical-intensive methods.Using gravity-based separation, early tests target over 50% metal recovery from high-grade material. With assay results due in weeks and plant commissioning underway, ESGold is inching closer to becoming a low-impact precious metals producer.That's a wrap for this week. Follow us for more small-cap headlines.

Small Cap Breaking News You Can't Miss! Here's a quick rundown of the latest updates from standout small-cap companies making big moves todayESGold (CSE: ESAU)Delivered Gravity Separation Circuit to Montauban ProjectESGold is nearing production at its clean-tech gold-silver project in Quebec. The arrival of its gravity separation circuit marks a major milestone, enabling 1,000-tonne-per-day reprocessing of historic tailings. With no chemicals or smelters involved, the system also recovers valuable mica. First gold pour is on track for late 2025.Atlas Engineered Products (TSXV: AEP)Q1 Revenue Jumps 21%, EBITDA Up 137%Despite economic uncertainty, Atlas Engineered delivered a strong Q1 with $11M in revenue and robust gains in wall panel and engineered wood sales. A new automated facility in Ontario is nearing completion, positioning the company to scale cost-efficiently as it eyes strategic acquisitions and a busy construction season.Intrepid Metals (TSXV: INTR)Hits 27.5% Copper, 10.15 g/t Gold, 192 g/t Silver in First 2025 Drill HoleA monster intercept at the Corral Copper Project in Arizona has investors buzzing. The high-grade, multi-metal hit validates Intrepid's targeting strategy and opens the door to resource growth in a region historically rich in copper. More assays are on the way.Sailfish Royalty (TSXV: FISH)Strikes 39.15 g/t Gold at El Golfo, Just 19m Below SurfaceA shallow, high-grade hit at the El Jicaro concession in Nicaragua strengthens Sailfish's royalty portfolio. With near-surface mineralization and proximity to existing infrastructure, El Golfo could drive significant future cash flows without operational exposure.West Red Lake Gold Mines (TSXV: WRLG)Bonanza-Grade Intercepts at Madsen Mine: Up to 61.51 g/t Au Over 12.1mMajor gold hits at the South Austin Zone reinforce Madsen's high-grade potential and support a near-term restart. New results are among the highest reported in Ontario this year and point to significant upside in the Red Lake District.Arizona Metals Corp. (TSX: AMC)Kay2 Zone Intercepts 44.5m @ 4.0 g/t AuEq, 32.0m @ 5.3 g/t AuEqArizona Metals is rapidly expanding its Kay Project in Arizona. With high-grade gold, copper, and zinc intercepts and a resource update due this quarter, the Kay2 Zone is shaping up to be a game-changer for this multi-metal exploration play.

WHAT YOU NEED TO KNOWFirst-Mover Advantage: HPQ is the only known company with a proven direct process from quartz to fumed silica—cutting cost, emissions, and complexity.Two Global Giants Testing Samples: One under LOI, another under NDA and re-engaging after prior testing—signaling escalating interest and competitive optionality.Modular, Scalable Tech: Enables regional production with lower capex to capitalize on tariff wars and ESG mandates.Domestic Market Opportunity: Canada's $150–200M USD fumed silica market currently has no Canadian manufacturer — HPQ is positioned to fill that gap.When the $10 Billion industry leading manufacturer asks for early samples of your product — before you're even ready to ship — it signals more than interest. It signals intent. HPQ Silicon $HPQ / $HPQFF, alongside partner PyroGenesis, has entered a critical phase in its commercialization path for fumed silica — an essential compound used in everything from cosmetics to construction.HPQ's one-step quartz-to-fumed silica process eliminates the toxic chemicals, high emissions, and billion-dollar infrastructure typically required by incumbents who are working with outdated processes. That innovation is now moving out of the pilot plant and into the hands of world-leading producers.THE MILESTONE THAT MATTERSHPQ has shipped its first batch of fumed silica to a leading global manufacturer Evonik for evaluation. This follows third-party validation at the lab level and successful scale-up to pilot production.“This collaboration gives us access to over 80 years of real-world manufacturing and market expertise—an advantage that accelerates our development and strengthens our commercialization efforts.” — Bernard Tourillon, CEO, HPQ SiliconA second global player, which had previously received a small test batch and is under NDA, has also re-engaged — requesting additional material from a higher-quality production run. The significance: HPQ now has multiple industry leaders testing samples, placing the company in a far stronger commercial negotiation position than ever before.THE STRATEGIC OUTLOOKRather than lock into early-stage agreements, HPQ is preserving flexibility to pursue the most advantageous commercial path — whether via joint ventures, licensing, or direct production. With a clean, modular process that eliminates toxic byproducts and avoids billion-dollar capex, HPQ is not just participating in a $2B+ market — it's challenging its foundation.For investors, this isn't merely a materials science breakthrough. It's a potential paradigm shift. With validation underway, commercial discussions accelerating, and strategic optionality intact, HPQ is emerging as a first mover with the technology and timing on its side.Watch the full interview with CEO Bernard Tourillon to understand why the world's top producers are now knocking on HPQ's door.

Small Cap Breaking News You Can't Miss! Here's a quick rundown of the latest updates from standout small-cap companies making big moves today:ESGold (CSE: ESAU) Delivered Gravity Separation Circuit to Montauban Project ESGold is nearing production at its clean-tech gold-silver project in Quebec. The arrival of its gravity separation circuit marks a major milestone, enabling 1,000-tonne-per-day reprocessing of historic tailings. With no chemicals or smelters involved, the system also recovers valuable mica. First gold pour is on track for late 2025.Atlas Engineered (TSXV: AEP) Q1 Revenue Jumps 21% with EBITDA Up 137% Despite economic uncertainty, AEP delivered a strong Q1 with $11M in revenue and robust gains in wall panel and engineered wood sales. A new automated facility in Ontario is nearing completion, positioning AEP to scale cost-efficiently as it eyes strategic acquisitions and a busy construction season.Intrepid Metals (TSXV: INTR) Hits 27.5% Copper, 10.15 g/t Gold, 192 g/t Silver in First 2025 Drill Hole A monster intercept at the Corral Copper Project in Arizona has investors buzzing. The high-grade, multi-metal hit validates Intrepid's targeting strategy and opens the door to resource growth in a region historically rich in copper. More assays are on the way.Sailfish Royalty (TSXV: FISH) Strikes 39.15 g/t Gold at El Golfo, Just 19m Below Surface A shallow, high-grade hit at the El Jicaro concession in Nicaragua strengthens Sailfish's royalty portfolio. With near-surface mineralization and proximity to existing infrastructure, El Golfo could drive significant future cash flows without operational exposure.West Red Lake Gold (TSXV: WRLG) Bonanza-Grade Intercepts at Madsen Mine: Up to 61.51 g/t Au Over 12.1m Major gold hits at the South Austin Zone reinforce Madsen's high-grade potential and support a near-term restart. New results are among the highest reported in Ontario this year and point to significant upside in the Red Lake District.Arizona Metals (TSX: AMC) Kay2 Zone Intercepts 44.5m @ 4.0 g/t AuEq, 32.0m @ 5.3 g/t AuEq Arizona Metals is rapidly expanding its Kay Project in Arizona. With high-grade gold, copper, and zinc intercepts and a resource update due this quarter, the Kay2 Zone is shaping up to be a game-changer for this multi-metal exploration play.Follow AGORACOM for more breaking small-cap news and subscribe to our podcast for in-depth updates, interviews, and analysis.

WHAT YOU NEED TO KNOW$15.7M Revenue in 2024 — Up 27% year-over-year, with a contract backlog now exceeding $55M and growing internationally.CEO Skin in the Game — Peter Pascali has invested $10M+ personallyValidated by the U.S. Navy — PAWDS systems installed on aircraft carriers like the USS Gerald R. Ford, with ongoing orders through 2032.Breakthrough in Fumed Silica — Pilot production confirmed by independent lab; LOI signed with global leader Evonik for further commercial evaluation.Industrial Decarbonization — Plasma torches deliver 45% energy savings and 30% faster meltingPyroGenesis Canada Inc. $PYR / $PYRGF isn't just another small-cap tech hopeful—it's generating real revenue and turning cutting-edge technology into commercial traction across multiple global industries. In 2024, the company reported $15.7 million in revenue, up from $12.3 million the year prior, alongside a growing contract backlog in the $55-60M range. Demand is being driven by signed and awarded contracts across the Middle East, Europe, and Asia, validating that PyroGenesis' plasma-based technologies are gaining momentum in real-world industrial environments.CEO INVESTMENT SIGNALS STRONG CONVICTIONIn a rare show of long-term commitment, CEO Peter Pascali has personally invested more than $10 million into the company, including $2.3 million in the most recent financing round. That conviction is backed by performance, not promotion. PyroGenesis runs an asset-light business model, enabling global scalability without the heavy capital expenditures typical of industrial tech ventures.VALIDATED BY THE U.S. NAVYPyroGenesis' Plasma Arc Waste Destruction System (PAWDS) is already installed aboard U.S. Navy aircraft carriers, including the USS Gerald R. Ford. This is more than a proof of concept—it's defense-grade technology in active operation, giving PyroGenesis rare credibility in the global defense sector.BREAKTHROUGH IN CLEAN FUMED SILICA PRODUCTIONIn clean tech, PyroGenesis has reached a major milestone in the production of fumed silica, an industrial compound used in coatings, batteries, and silicones. Unlike conventional methods, the company's proprietary process significantly reduces energy use, carbon emissions, and production costs. A recent pilot run yielded high-purity fumed silica, independently verified by a third-party lab to contain no unexpected contaminants. Global chemical leader Evonik has signed a Letter of Intent to evaluate the technology for potential commercial collaboration.PLASMA TORCHES DRIVING INDUSTRIAL DECARBONIZATIONPyroGenesis is also making strides in industrial decarbonization. Its plasma torch systems have demonstrated up to 45% energy savings and 30% faster melting times compared to traditional fossil-fuel burners. These performance gains have attracted the attention of firms like Norsk Hydro, which is exploring plasma electrification to reduce emissions in aluminum smelting.A MULTI-LEGGED PLATFORM FOR SCALABLE GROWTHRather than relying on a single innovation, PyroGenesis is building what Pascali describes as a “multi-legged stool”—a diversified, validated portfolio of technologies spanning defense, clean materials, metals processing, and waste-to-energy. With growing revenue, global partnerships, third-party validation, and a management team heavily invested in its success, PyroGenesis stands out as a small-cap company executing at a global level.

AGORACOM TALKS Weekly Roundup Catch up on the most impactful developments from small-cap innovators in gold exploration, advanced materials, biotech, and climate tech: Renforth Resources (CSE: RFR | OTCQB: RFHRF)Gold Resource Grows 29% — Parbec Project Gains Momentum Renforth announced a major 29% increase to the gold resource estimate at its Parbec Gold Deposit in Québec. The updated 2025 MRE shows that 73% of resource ounces now fall into the Measured and Indicated categories — significantly boosting investor confidence. With 87% of the gold located in an open-pit configuration and drill targets already identified, Parbec is shaping up to be a major junior asset near Agnico Eagle's Canadian Malartic Mine. HPQ Silicon (TSXV: HPQ | OTCQX: HPQFF)Pilot-Scale Fumed Silica Breakthrough Validated HPQ's proprietary Fumed Silica Reactor delivered higher-than-expected yields in early pilot tests, with independent analysis confirming commercial-grade quality. The project, developed by HPQ Silica Polvere, has now cleared a critical technical milestone on the road to full-scale commercialization — potentially disrupting a multi-billion-dollar global market with a cleaner, more efficient process.Quantum Biopharma (CSE: QNTM | NASDAQ: QNTM)Lucid-MS Moves Toward FDA Submission Quantum has signed an agreement with a global CRO to prepare the IND application for Lucid-MS, its first-in-class multiple sclerosis therapy. The drug targets neuroprotection rather than immune suppression — a radically different approach in a $40B+ global market. IND submission is expected in Q4 2025, setting the stage for Phase 2 trials.AISIX Solutions (TSXV: AISX | OTC: AISXF )Partnered with Cytora to integrate its Wildfire 3.0AISIX Solutions Inc. has partnered with Cytora to integrate its Wildfire 3.0 risk model into Cytora's underwriting platform. Delivered via API, the data provides real-time wildfire insights. This enables insurers to assess asset-level risk quickly and accurately, supporting faster, more informed underwriting decisions amid rising climate-related threats.Troilus Gold (TSXV: TLG | OTCQB: CHXMF)New Drill Results Confirm Surface Mineralization in Key Zone Troilus Gold released new intercepts from its Southwest Zone, including 36m @ 1.79 g/t AuEq and 21m @ 1.52 g/t AuEq — both starting just 44–51m from surface. These results strengthen early production confidence and align with its May 2024 feasibility study. With 11.21 million gold equivalent ounces already in the Indicated category, the project remains one of Canada's top development-stage gold-copper plays. That's a wrap for this week. Follow us for more small-cap headlines.

WHAT YOU NEED TO KNOWUntapped Market: Canada consumes ~24,000 tonnes of fumed silica annually. HPQ aims to become the country's first domestic producer.Cost Advantage: Traditional plants cost up to $150 million. HPQ's model requires a fraction of that—making it economically and environmentally superior.Global Relevance: Amid new tariffs and reshoring trends, HPQ offers a local, low-emission alternative to imported materials from China and Europe.HPQ Silicon has reached the most significant milestone in its history: independent analysis has confirmed its proprietary Fumed Silica Reactor (FSR) produced commercial-grade material. This breakthrough disrupts a global industry still reliant on a toxic, energy-intensive process that hasn't meaningfully changed since 1944.Fumed silica is essential in everyday products like cosmetics, toothpaste, batteries, and paints. Traditional production requires converting quartz into silicon metal, processing it with corrosive chemicals, and incinerating it with hydrogen gas. HPQ's process skips all that—producing fumed silica in a single step from raw quartz, with lower emissions, lower costs, and no hazardous byproducts.The validation? It comes from a third-party microscopy analysis (conducted at one of Montreal's top research universities), which confirmed that HPQ's pilot-scale product matches the morphology and structure of established, high-purity industry standards.This milestone reinforces HPQ's previously signed Letter of Intent with Evonik Industries, a $10 billion German chemical company that invented fumed silica and dominates the global market. With the technology now proven at a 20x lab scale, the door opens to further technical evaluations—and eventual commercial engagement.“We've replicated lab-scale results at 20x scale and confirmed it through side-by-side imaging. This is the single biggest milestone in HPQ's history.” — Bernard Tourillon, CEOWith this third-party validation in hand, HPQ is moving quickly to capitalize. Conversations with Evonik are already underway to determine whether this latest material batch will be shipped for qualification. Other major fumed silica producers—previously awaiting test results—have resumed discussions. Internally, HPQ continues optimizing the grade and consistency of its product through additional test cycles. With its pilot plant operating smoothly and yielding better-than-expected output, HPQ is now mapping the path to commercial production—built on scalable, industry-standard components. The momentum is real, and the company is positioning itself as a clean-tech leader in a global market ready for disruption.BOLD DISRUPTION OF AN 80-YEAR-OLD INDUSTRYSTRATEGIC INTEREST FROM A GLOBAL LEADERWHAT'S NEXT

Small Cap Breaking News You Can't Miss!Here's a quick rundown of standout small-cap companies making big moves today:Quantum Biopharma (CSE: QNTM / NASDAQ: QNTM)Quantum signed an agreement with a global CRO to prepare its IND application for Lucid-21-302, a first-in-class neuroprotective MS treatment. The IND is expected to be filed by Q4 2025, moving the company closer to Phase 2 trials. This non-immunomodulatory compound aims to fill a critical gap in MS care. Beyond biotech, Quantum continues to generate diversified revenues via royalties from unbuzzd™ and secured real estate-backed investments.Newcore Gold (TSXV: NCAU)Newcore hit high-grade gold at its Boin Deposit in Ghana, including 4.41 g/t over 24m and 9.08 g/t over 10m. Part of a 35,000m drill program at the Enchi Project, these results support resource conversion ahead of a 2026 PFS. With several holes ending in mineralization and significant strike length still untested, Enchi remains one of West Africa's most underexplored gold districts.Pan Global Resources (TSXV: PGZ) Pan Global confirmed a brand-new gold discovery at its Cármenes Project in northern Spain, with 46m grading 1.08 g/t gold from just 24m depth. The broader Cármenes property—historically mined for copper and cobalt—is showing promising near-surface gold potential with additional results pending. This first-ever gold drill program in the area could open up an entirely new mineralized district.Aton Resources (TSXV: AAN)Aton's latest results from the Abu Marawat deposit in Egypt are drawing attention: 8.52 g/t gold and 88.7 g/t silver over 15.4m, and 6.06 g/t gold over 17.3m. The Central Vein Zone continues to deliver high-grade intercepts near surface, positioning Aton as a key player in Egypt's resurging mining sector.Mithril Silver and Gold (TSXV: MSG)A major win at the Copalquin Project in Mexico: Hole T2DH25-006 returned 11.5m at 8.61 g/t gold and 57.6 g/t silver, including 0.85m at a stunning 109.5 g/t gold and 325 g/t silver. These shallow, high-grade hits reinforce the potential of Las Brujas to host low-cost, high-return development opportunities.Golden Cariboo Resources (CSE: GCC)Golden Cariboo continues to deliver near-surface success in British Columbia. Hole QGQ24-12 intersected 1.02 g/t gold over 37m within a broader 61.49m at 0.74 g/t. The Halo Zone mineralized footprint now extends 390m x 290m x 320m and remains open for expansion. With additional untested strike length and nearby past producers, Golden Cariboo is emerging as a key gold explorer in the Cariboo district.For more breaking small-cap news, interviews, and updates, follow AGORACOM on our podcast and across social channels. Stay ahead of the market—one discovery at a time.