AGORACOM Small Cap CEO Interviews

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.

HIGHLIGHTSScale-Up Success: The pilot unit marks a 20x scale increase from lab-scale and confirms the ability to produce and recover material in a commercial-style process.Testing in Progress: Independent lab work is underway to determine whether the material is fumed silica and assess its purity. Initial results are expected within days.Strategic Partnership: HPQ Silica Polvere previously signed an LOI with Evonik, one of the world's largest silica producers, for potential collaboration pending successful material evaluation.Commercial-Scale Capacity: The pilot reactor is designed to produce up to 50 tonnes per year, enabling consistent test runs and pre-commercial sample generation.VISUAL CONFIRMATION, INDEPENDENT TESTING AND COMMERCIAL SCALE PROMISEHPQ Silicon $HPQ $HPQFF announced a pivotal achievement in their fumed silica pilot project: the successful production and collection of white powder material from the reactor's product recovery unit—commonly referred to as the “baghouse.” Early visual analysis suggests this may be commercial-grade fumed silica, pending confirmation through independent laboratory testing now underway.This is the first time HPQ's proprietary one-step, low-emission process has produced and recovered material at pilot scale, a significant leap forward in validating a system designed to disrupt a $2.2 billion market dominated by energy-intensive legacy methods.“Saying we're excited by the results would be an understatement. Achieving these outcomes so early in the testing phase significantly boosts our confidence in our ability to replicate this milestone and consistently produce commercial-quality material,” said Bernard Tourillon, President & CEO TRADE RESUMPTIONHPQ's trading status was recently reinstated for Tuesday, May 20, 2025 following a brief cease trade order related to disclosure housekeeping. Regulators found no material issues in the company's audited financials. HPQ also transitioned from Tier 1 to Tier 2 issuer status on the TSX-V—an administrative change with no operational impact.LOOKING AHEADShould the ongoing tests validate what early signs suggest, HPQ Silicon may be on the verge of a breakthrough that significantly reduces the cost and carbon footprint of producing fumed silica.“We've proven the system can be scaled—now it's about optimization and commercialization,” said Bernard Tourillon, CEO.With a functioning pre-commercial unit, high-level strategic interest, and validation now in progress, HPQ is positioning itself to challenge the status quo in advanced material manufacturing.

AGORACOM TALKS Weekly Roundup Catch up on the biggest developments from small-cap leaders making major moves across materials, cleantech, biotech, and exploration:    HPQ Silicon (TSXV: HPQ | OTCQX: HPQFF)  HPQ and PyroGenesis Hit Major Milestone in Fumed Silica Production   HPQ and PyroGenesis have successfully produced and recovered fumed silica using a proprietary low-emission process, demonstrating scalability. This innovation has the potential to reshape the multi-billion-dollar fumed silica market by significantly reducing both production costs and carbon emissions. Testing is ongoing, with samples expected to be sent to third parties for evaluation.  Renforth Resources (CSE: RFR | OTCQB: RFHRF)  Renforth Confirms Critical Mineral Potential with Bark Sampling   Renforth's unique tree bark sampling across its Victoria structure in Quebec revealed promising signs of nickel, cobalt, platinum, and more—without the need for drilling. The technique is low-cost, low-impact, and helping fast-track exploration across the Malartic Metals Package.  Zefiro Methane (CBOE Canada: ZEFI | OTCQB: ZEFIF)  Zefiro Reports $6.9M USD Revenue and Expands U.S. Operations   Zefiro continues its mission to plug abandoned oil wells and monetize methane emissions. Now active in six U.S. states, the company is preparing carbon credit delivery, deploying AI-driven tools, and solidifying its role in the clean-tech carbon market.  PyroGenesis (TSX: PYR | OTCQX: PYRGF)  $52M Backlog and Clean Tech Momentum at PyroGenesis   PyroGenesis Inc. reported its Q1 2025 financial results, highlighting a revenue of $3 million—a 14% decrease compared to the same quarter in 2024. Despite the revenue decline, the company improved its gross margin to 27%, up from 21.7% in Q1 2024.Quantum Biopharma (CSE: QNTM | NASDAQ: QNTM)  Quantum Advances MS Drug with Preclinical Milestone   Quantum completed key 90-day toxicology studies for Lucid-MS, a first-in-class Multiple Sclerosis treatment. With an FDA submission expected this year, the company is preparing for Phase 2 human trials—a critical step that could attract strategic partners in the biotech space.

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:Renforth Resources (CSE: RFR) Renforth has announced positive results from its first tree bark sampling program on the 20-km-long Victoria polymetallic structure in Quebec. This innovative and eco-friendly method revealed critical and precious metals like nickel, cobalt, zinc, and gold in previously underexplored areas. With plans to expand the sampling campaign and a renewed focus on its Malartic Metals Package, Renforth is sharpening its strategy to uncover new zones of economic mineralization. A shareholder webinar and private placement are also underway to fuel the next phase of growth.HPQ Silicon (TSX-V: HPQ) HPQ has achieved a major milestone by producing and recovering material from its pilot-scale Fumed Silica Reactor—marking the first time the company has collected this valuable industrial material at scale. Early analysis suggests the material may meet commercial-grade fumed silica standards, which could open doors to greener, more efficient production methods across sectors like batteries, coatings, and construction. With global demand for fumed silica exceeding $2B annually, this success positions HPQ as a potential disruptor in sustainable manufacturing.Heliostar Metals (TSXV: HSTR) Heliostar reported a high-impact drill intercept of 56.6 metres grading 2.88 g/t oxide gold at its La Colorada Mine in Mexico. The discovery, made just 68 metres below surface, signals the emergence of a potentially low-cost, heap-leachable gold system. With shallow mineralization and strong continuity near historical workings, Heliostar's exploration success could fast-track La Colorada into development, making it a project to watch in 2025.Goldshore Resources (TSXV: GSHR) Goldshore continues to deliver at its Moss Gold Project in Ontario, announcing a strong intercept of 9.45 metres grading 6.02 g/t gold at the Superion Zone. This supports the company's plan to define high-grade zones within its large resource base. With multiple mineralized zones and a PEA in sight, Goldshore is shaping up to be a serious contender among Canada's next-generation gold developers.Digi Power X (Nasdaq: DGXX / TSXV: DGX) Digi Power X posted a 65% revenue increase in Q1 2025, returning to positive EBITDA and maintaining zero long-term debt. The company's growth is driven by rising energy sales and the buildout of Tier 3 modular AI data centers optimized for next-gen workloads. With $9.3M in revenue, $10M in liquidity, and ownership of all operating sites, Digi Power X is positioned to lead in the convergence of digital infrastructure and sustainable energy.Follow AGORACOM for more small-cap breakthroughs and exclusive interviews on our podcast, where tomorrow's leaders tell their story today.

Small Cap Breaking News You Can't Miss! Here's a quick rundown of standout small-cap companies making major moves today.NevGold Corp. (TSXV: NAU) NevGold has released impressive drill results from its Limousine Butte Project in Nevada, intersecting 2.19 g/t AuEq over 64m, including high concentrations of antimony, a U.S.-designated critical mineral. The presence of both gold and antimony near surface gives this project strategic and economic significance, especially amid global efforts to diversify critical mineral supply chains. Investors now have a rare opportunity to gain dual exposure to precious and strategic metals in one U.S.-based project.Red Light Holland (CSE: TRIP) Red Light Holland's Happy Caps Mushroom Kits are now officially available in Costco stores across Canada. The company delivered 20,160 units of its new 2kg “Mega Block” kits, featuring popular mushroom varieties like Shiitake and Lion's Mane. This major retail breakthrough sets the stage for nationwide brand expansion and taps into rising consumer demand for home-grown functional foods. A strong signal that mushrooms are going mainstream—and Red Light is leading the way.Northern Superior Resources (TSXV: SUP) Northern Superior has unveiled a new high-grade gold discovery at its Philibert Project in Quebec, intersecting 18.0m at 2.48 g/t Au, including 4.9m at 7.02 g/t Au. These results, paired with strong step-outs, suggest significant scale potential and are expected to contribute meaningfully to a resource update later this year. The company continues to prove that Philibert could evolve into a cornerstone asset in the Chibougamau gold belt.G2 Goldfields (TSXV: GTWO) G2 is making headlines with its first-ever modern drill program at Peters Mine in Guyana, reporting 76m at 1.5 g/t Au and 3m at 12.5 g/t Au. The results confirm strong mineralization and open up a new high-grade target within the broader Oko-Aremu district. This early-stage success highlights G2's potential to scale up its existing 1.96Moz resource and develop a district-scale gold operation in South America.West Red Lake Gold Mines (TSXV: WRLG) West Red Lake continues to impress at its Madsen Mine in Ontario, intersecting 48.97 g/t Au over 18.7m, 52.86 g/t Au over 4.5m, and 25.49 g/t Au over 7.5m. These results are located near existing mine infrastructure, providing a direct path to resource conversion and production. With gold prices high and development momentum strong, Madsen is quickly becoming one of Canada's most promising high-grade gold restart stories.New Age Metals (TSXV: NAM) New Age Metals is kicking off a new exploration program in Newfoundland, targeting gold-antimony systems across 225 km² of prospective ground. With antimony classified as a critical mineral and gold demand staying strong, this dual focus enhances both the strategic relevance and economic upside of the project. Initial groundwork aims to produce drill-ready targets by late 2025, aligning with national goals around critical mineral independence.Follow AGORACOM for more breaking small-cap news and exclusive updates. Want deeper insight? Tune in to the AGORACOM Podcast for CEO interviews and expert analysis on the small-cap companies shaping tomorrow's headlines.

HIGHLIGHTS:Bonanza-Grade Upside: Historic samples up to 204 g/t gold at Lake Cargelligo in Australia's prolific Cobar Mining District.Next-Gen Exploration: AI-powered targeting and modern geophysics set to unlock previously missed zones in Q3 2025.Multi-Commodity Growth: Exposure to gold, uranium (Athabasca Basin), and lithium (James Bay & New Mexico).Leadership That Delivers: New CEO Andrew Watson brings a capital-efficient strategy backed by a veteran technical team with global discovery success.In a year when gold just hit an all-time high of $3,430 USD ($4,700 CAD) per ounce, Lancaster Resources is positioning itself squarely at the intersection of market momentum and strategic resource acquisition. The company has secured the Lake Cargelligo project in New South Wales — a 287 sq. km property in the proven but underexplored Cobar Mining District.CEO Andrew Watson, newly appointed to lead the company through its next phase of growth, calls the project “a potential company-maker” — and not without reason. With historic bonanza-grade samples up to 204 g/t gold and multiple zones of mineralization identified over a 25 km strike length, Lancaster believes it's targeting the kind of scale that has delivered multi-million-ounce discoveries in the past.“Lake Cargelligo checks all the boxes: a tier-one mining jurisdiction, historic high-grade samples, and zero modern geophysics. We believe it holds the scale potential of a Fort Knox-style discovery.” – Andrew Watson, CEO, Lancaster ResourcesLake Cargelligo offers district-scale potential in a gold-producing region that already hosts mines with resources exceeding 1.7 million ounces. Lancaster Resources is preparing to deploy next-generation geophysics and AI-powered targeting technologies, aiming to identify mineralized zones that were missed during earlier, shallow drilling campaigns.To strengthen its exploration program, the company has engaged two seasoned Australian geologists — Ross Brown, with over 40 years of global exploration experience, and Rob Heaslop, known for his operational depth and discovery track record.While gold remains Lancaster's near-term focus, the company is building long-term strategic depth across multiple critical commodities. It holds two uranium properties in Canada's Athabasca Basin — the world's top uranium district — positioning it to benefit from rising energy demand driven by AI and electrification.Additionally, its lithium portfolio includes brine assets in New Mexico and hard-rock claims in Quebec's James Bay region, offering exposure to the growing need for energy storage solutions.Lancaster's portfolio is aligned with three of the strongest commodity trends in the global market today: gold, uranium, and lithium. With near-term exploration at Lake Cargelligo set to begin in Q3 2025, and a veteran technical team in place, Lancaster is emerging as a compelling small cap to watch.DISTRICT SCALE POTENTIALSTRATEGIC DEPTH: MORE THAN JUST GOLDCONCLUSION

AGORACOM TALKS Welcome to your weekly roundup of the most compelling small-cap news shaking up the markets — brought to you by AGORACOM.SITKA GOLD (TSXV: SIG)25m of 5.04 g/t Gold. 1.8m of 54.7 g/t. Sitka Gold is lighting up the Yukon with its deepest and most impressive intercepts to date. Hole 76 at the RC Gold Project's Blackjack zone confirms a high-grade gold system at depth, extending the potential for large-scale tonnage. With four rigs planned for the summer and a fully funded 30,000m drill program underway, Sitka is drilling toward discovery — and scale.THE CANNABIST COMPANY (CBOE Canada: CBST)$87M Revenue | 36% Margin | Debt Deal Locked The Cannabist is cutting fat and growing lean. Despite Q1 revenue dipping from the previous quarter, the company boosted gross margins and adjusted EBITDA by over 200 basis points. With debt maturities extended to 2028 and $3.8M in new annual cost savings, Cannabist is optimizing operations and gearing up for market expansions in Ohio, Virginia — and adult-use in Delaware.NEWCORE GOLD (TSXV: NCAU)Wide Zones. High Grades. Ghana's Enchi Grows. Newcore keeps delivering at its 100%-owned Enchi Gold Project in Ghana. The latest drill results at the Boin Gold Deposit include 56m of 2.25 g/t and 72m of 1.16 g/t — with high-grade hits throughout. As the 35,000m drill program advances, the company moves closer to a Pre-Feasibility Study and major resource upgrade.FUERTE METALS (TSXV: FMT)Gold + Silver + Base Metals = Cristina Rising Fuerte Metals' Cristina Project in Mexico is heating up. Drill hole intercepts up to 10.3 g/t gold equivalent highlight strong near-surface potential at Los Ingleses. With wide zones and narrow high-grade veins, the project is being shaped for both open-pit and underground mining. A resource update is on the horizon.REVIVAL GOLD (TSXV: RVG)Mercur PEA: $295M NPV | 27% IRR | 10-Year Mine Life Revival Gold's latest PEA on the historic Mercur Gold Project in Utah reveals strong economics and 95,600 oz/year production potential. With a $208M CAPEX and rapid payback, this former producer could become a cornerstone asset. At $3,000/oz gold, the NPV nearly triples — making the upside even more compelling.DRAGANFLY (NASDAQ: DPRO) (CSE:DPRO)Strong Start to 2025 | 16% Revenue Growth in Q1 Draganfly Inc. announced its Q1 2025 financial results, posting revenue of $1.55 million—a 16% increase year-over-year. Product sales rose 24.5% to $1.54 million, reflecting growing demand for the company's innovative drone solutions. Gross profit climbed 10.7% to $310,088

AGORACOM TALKS Welcome to your weekly roundup of the most compelling small-cap news shaking up the markets — brought to you by AGORACOM.NURAN WIRELESS (CSE: NUR) NuRAN Wireless just posted its strongest year yet with a 36% revenue boost and a 329% surge in gross profit. Now operating across 8 African countries, NuRAN is redefining rural telecom with its recurring revenue Network-as-a-Service model. Positive EBITDA is on the horizon for 2025 — a key milestone for this purpose-driven disruptor connecting the unconnected. RENFORTH RESOURCES (CSE: RFR) Gold is gleaming at Renforth as the company kicks off 2025 fieldwork across Quebec and Ontario. Parbec is advancing toward near-term extraction, while Nixon-Bartleman in Ontario shows serious discovery potential. With updated modeling and exploration set to begin, Renforth is balancing near-term revenue with long-term upside. POWER METALLIC MINES (TSXV: PNPN) Massive hits from Power Metallic's Lion Zone drilling at the Nisk Project! Highlights include over 13 g/t gold and 7%+ copper-equivalent grades, hinting at a deeper, richer polymetallic system. With assays pending and a 20-kilometer land package to explore, Power Metallic is quickly emerging as a contender in the battery and precious metals space. ZEFIRO METHANE (CBOE Canada: ZEFI) Zefiro Methane is expanding its methane plugging operations across Ohio and Pennsylvania with new state and private-sector contracts. Their innovative model turns environmental remediation into tradable methane offset credits — merging climate impact with commercial scalability. With 3M+ abandoned wells in the U.S., Zefiro is just getting started.

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:Zoomd Technologies (TSXV: ZOMD)Zoomd is on a tear, reporting preliminary Q1 2025 results with revenues soaring 106% year-over-year to $18M and net income hitting $4.5M. The MarTech innovator credits its expansion into global markets like the UK, Japan, and Mexico for the surge. With strong cash generation and growing client demand, Zoomd's unified advertising platform is positioned for even greater global impact.Homerun Resources (TSXV: HMR)Homerun announced a major resource milestone with a NI 43-101 compliant technical report for its Belmonte Silica Sand Project in Brazil, outlining 63.9M tonnes of high-purity silica (99.67% SiO₂). This resource underpins Homerun's strategy to dominate the solar glass and energy storage sectors with vertically integrated operations—an important player to watch in the global clean energy shift.CanPR Technology (TSXV: WPR)Toronto-based CanPR reported a profitable Q3 2025, generating $1.9M in revenue—a 28% quarter-over-quarter jump—and posting net income of $50,938 after a previous net loss. The company's AI-driven "Trek" platform, helping immigrants navigate the Canadian immigration system, saw over 7,000 users engage in its first month. CanPR is not just growing; it's transforming lives.Meridian Mining (TSXV: MNO)Meridian delivered big exploration news, extending high-grade gold-copper mineralization at its Cabaçal project in Brazil. Standout drill results include 276 g/t gold over 0.46m and 9.9m at 14.8 g/t gold equivalent. These shallow, high-grade zones could significantly enhance the project's value and will be incorporated into the upcoming Definitive Feasibility Study.Melkior Resources (TSXV: MKR)Melkior struck gold—literally—at its Carscallen Project near Timmins, Ontario. A new high-grade zone delivered 77.4 g/t gold over 6.9m, including a record-setting 445 g/t over 1.2m. The discovery highlights untapped potential and positions Melkior as an exciting exploration story in one of Canada's richest mining belts.Follow AGORACOM for more breaking small-cap news and updates! Don't miss our latest insights — subscribe to the AGORACOM podcast today!

AGORACOM TALKS Weekly Roundup Catch up on the biggest developments from small-cap leaders making major moves across exploration, production, and tech innovation:ESGold Corp (CSE: ESAU)ESGold uncovers a large-scale geophysical anomaly at its Montauban Project in Quebec. This discovery could transform the company into a district-scale story. A 3D geological model and expanded surveys are underway to explore the full potential.Great Atlantic Resources (TSXV: GR)Great Atlantic prepares for the world's first AI-assisted Surgical Mining bulk sample at Golden Promise in Newfoundland. This will be the first time in the world that AI-assisted Surgical Mining™ is deployed using directional drilling with a 2.5-meter-wide BoreDrill. If successful, it will represent a major leap forward-not only for Great Atlantic and our development plans at Golden Promise, but for the broader mining sector as a whole.Lancaster Resources (CSE: LCR)Lancaster Resources acquires 100% of the Lake Cargelligo Gold Project in Australia's Cobar District. With historical high-grade results and a modern exploration program launching soon, Lancaster strengthens its global footprint in gold exploration.Goliath Resources (TSXV: GOT)Goliath confirms that the Surebet discovery is part of a large-scale, high-grade reduced intrusion-related gold system. Supported by a Colorado School of Mines study, this breakthrough could signal a major new discovery in BC's Golden Triangle.NevGold (TSXV: NAU)NevGold reports high-grade gold-antimony results from its Limousine Butte Project in Nevada. With antimony designated as a critical mineral by the U.S., this project gains strategic significance amid strong domestic demand.Loncor Gold (TSX: LN)Loncor's deepest drilling at the Adumbi deposit in the DRC intersects multiple high-grade gold zones. Results extend mineralization well below the current open-pit model, strengthening the case for underground development.Kidoz Inc. (TSXV: KIDZ)Kidoz posts record 2024 financials, achieving over $19 million in revenue and record adjusted EBITDA of $1.55M. As a leader in child-safe, privacy-focused digital advertising, Kidoz is well positioned for continued growth.

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 Engages Government as Montauban Nears ProductionESGold (CSE: ESAU) is entering the final stretch toward production at its Montauban Project and is now in formal discussions with provincial and federal governments for non-dilutive funding. The company is constructing a 500-tonne pilot plant and a 1,000-tonne commercial facility while creating jobs and pushing for clean, sustainable mining practices. Production is expected before year-end.Sitka Gold Hits 108.9m at 3.27 g/t Gold in YukonSitka Gold (TSXV: SIG) announced exceptional drill results at its RC Gold Project, including 108.9 metres at 3.27 g/t gold and 45.0 metres at 4.52 g/t within a broader interval of 352.8 metres at 1.55 g/t. Over 130 visible gold occurrences were observed, further strengthening the project's potential for large-scale gold resource development.Newcore Gold Expands Enchi Project with High-Grade InterceptsNewcore Gold (TSXV: NCAU) continues to demonstrate strong results at its Enchi Gold Project in Ghana. Highlights include 2.50 g/t gold over 15.0 metres and 3.00 g/t gold over 10.0 metres. Drilling at both the Nyam and Kojina Hill targets signals strong resource growth potential ahead of a Pre-Feasibility Study.Emerita Strikes High-Grade Copper-Gold at El CuraEmerita Resources (TSXV: EMO) reported high-grade drill results at its El Cura deposit in Spain, including 10.8 metres at 4.8% copper and 1.4 g/t gold. These results reinforce El Cura's potential as a high-value contributor to the company's broader IBW project in the prolific Iberian Pyrite Belt.Integra Resources Posts Strong Q1 and $61M Cash BalanceIntegra Resources (CSE: ITR) produced 19,323 ounces of gold and sold 19,540 ounces at its Florida Canyon Mine in Q1 2025, outperforming expectations. The company's cash balance now stands at $61 million, supporting further development at its DeLamar and Nevada North projects.Stay tuned as these emerging leaders continue delivering results. Follow AGORACOM for more breaking small-cap news and updates — and don't forget to subscribe to our podcast for deep dives into each story.

AGORACOM TALKS Weekly RoundupCatch up on the biggest developments from small-cap leaders making major moves across exploration, production, and tech innovation:⸻VanadiumCorp (TSXV: VRB | OTC: VRBFF)VanadiumCorp Advances Exploration at Lac Doré VanadiumCorp is using Ambient Noise Tomography—an innovative seismic technique—to better understand the Lac Doré deposit in Quebec. With 104 sensors deployed and 3D modeling underway, the company is taking a major step toward unlocking the full potential of this critical vanadium asset.⸻ESGold (CSE: ESAU | OTC: ESAUF)ESGold Raises $3.45M for Montauban Gold-Silver Project ESGold has closed a $3.45 million private placement to fund the final development phase of its Montauban project in Quebec. With permits in hand and construction underway, ESGold is now moving closer to gold and silver production at a historic mining site.⸻Draganfly (NASDAQ: DPRO | CSE: DPRO)Draganfly Appoints Homeland Security Expert to Lead Public Safety Board Draganfly has launched a Public Safety Advisory Board led by Paul Goldenberg, a global authority in law enforcement and counterterrorism. This new initiative supports the company's mission to expand its role in community safety with advanced drone technologies.⸻Orezone Gold (TSX: ORE | OTCQX: ORZCF)Orezone Reports Strong Q1 and Progress on Expansion Orezone produced 28,688 ounces of gold in Q1 and continues to advance its hard-rock expansion at the Bomboré Mine in Burkina Faso. The company remains ahead of schedule and on budget, with first gold from the expansion expected later this year.⸻Avino Silver & Gold Mines (TSX: ASM | NYSE American: ASM)Avino Delivers Solid Q1 with Increased Production Avino reported 678,458 silver equivalent ounces for Q1 2025—an 8% increase year-over-year. The growth was driven by improved grades across silver, gold, and copper, along with a successful equipment upgrade that sets the stage for continued stable operations.

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.Northern Graphite (TSXV: NGC) Northern Graphite has partnered with The BMI Group to explore the development of a Battery Anode Material (BAM) facility at a former paper mill in Baie-Comeau, Quebec. This project could fast-track the production of battery-grade graphite—crucial for electric vehicle batteries—by repurposing existing infrastructure. The 50,000 tpa facility would draw feedstock from Northern's global assets and bolster Canada's role in clean tech supply chains.Rua Gold (TSXV: RUA) Rua Gold reported high-grade intercepts from its Auld Creek project in New Zealand, including 5.9 g/t AuEq over 9m and 48.3 g/t AuEq over 1.25m. These results point to strong gold and antimony potential—especially significant as antimony prices surge due to global supply constraints. The company is targeting resource expansion in a historically productive mining region.West Point Gold (TSXV: WPG) West Point Gold continues to deliver from its Gold Chain Project in Arizona. Recent drilling at the Tyro Main Zone hit 22.86m of 3.34 g/t gold and 28.95m of 1.92 g/t gold. These near-surface results support the company's view that Tyro could become one of the highest-grade open-pit gold projects in northwest Arizona. A maiden resource estimate is on the horizon.Independence Gold (TSXV: IGO) Independence Gold is turning heads with strong drill results at its 3Ts Project in B.C., including 5.95 g/t gold over 7.45m from the Larry Vein and a new discovery at the Daisy target. The project benefits from proximity to Artemis Gold's Blackwater Mine and continues to show scale and high-grade potential across multiple zones.Draganfly (CSE: DPRO) Draganfly has launched a Public Safety Advisory Board and appointed Homeland Security expert Paul Goldenberg as Chair. This move reinforces the company's focus on applying drone and AI technology to modern law enforcement and emergency response needs. Goldenberg's leadership is expected to enhance public safety applications while ensuring responsible and ethical integration.Stay ahead of the curve with AGORACOM. Follow us on our Podcast for more breaking small-cap news and updates!

HPQ Silicon and its France-based affiliate Novacium have taken a critical step toward revolutionizing hydrogen production with the signing of a Memorandum of Understanding (MoU) alongside Malaysian aluminum recycler GLD Alloys. Their collaborative innovation is a solid-state fuel that generates hydrogen without electricity, dangerous pressurized storage, or complex infrastructure—tackling some of the biggest barriers in traditional hydrogen systems.FRENCH MILITARY LOOKING TO FINANCE PILOT PLANT IN 2025 AND REAL WORLD TESTINGIn a powerful vote of confidence, France's Directorate General of Armaments (DGA) has pre-selected the project as a candidate for a €750,000 pilot plant grant, and the French military is set to be the first to test the technology in real-world conditions.STRATEGIC PARTNERSHIP WITH GLOBAL SUPPLY CHAIN IMPACTGLD Alloys is a leading Malaysian producer of recycled aluminum. The MOU collaboration leverages GLD Alloys' 200,000-ton recycled aluminum production capacity, a critical input in METAGENE's low-carbon hydrogen solution. This partnership addresses two converging needs: scalable hydrogen production and decarbonized aluminum use.95% fewer carbon emissions than primary aluminum-based processesHydrogen output of 1.25 m³ per kg of fuel, surpassing conventional methodsTarget production of 500 tonnes of METAGENE™ fuel per year MILITARY-GRADE VALIDATION & MARKET READINESSThe announcement is more than a promising prototype—it's a platform with real commercial traction. A pilot system producing 10kg of hydrogen per day is set to launch this year, with field testing expected in early 2026 and commercial production soon after.“GLD Alloys is the ideal partner to make METAGENE™ a global commercial success. Their production capacity and environmental commitment position us to target the rapidly growing green hydrogen market.” – Bernard Tourillon, CEO, HPQ SiliconA MARKET POISED FOR EXPONENTIAL GROWTHAccording to BloombergNEF, the green hydrogen market is projected to reach US$500 billion by 2030.  HPQ and Novacium's METAGENE™ offers a rare, fully off-grid solution—ideal for defense, industrial, and remote applications where energy independence is critical.CONCLUSION: DISRUPTION IN MOTIONWith French military backing, an industrial-scale partnership, and a disruptive technology that eliminates long-standing hydrogen hurdles, HPQ Silicon is no longer just an early-stage innovator—it's an emerging force in the future of clean energy. Investors looking for the next transformative small cap may find this company difficult to ignore.

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.Galway Metals (TSXV: GWM) Galway has expanded gold mineralization at its Clarence Stream project in New Brunswick, extending the Southwest Deposit by 300 meters and the North Deposit by 350 meters. With 35 drill holes pending and strong intercepts already reported—including 3.4 g/t over 5.0 meters—Galway is seizing the moment as gold prices soar. CEO Rob Hincliffe says the company is “positioned to take advantage” of a rising market with more results to come.Norsemont Mining (CSE: NOM) Norsemont just released an impressive mineral resource estimate for its Choquelimpie Project in Chile: 2.18 million indicated and 557,000 inferred gold equivalent ounces. With past infrastructure in place and over 1,700 historic drill holes, the company is well-positioned to move forward efficiently. CEO Marc Levy says the results “underscore the project's potential.”Golden Cariboo (CSE: GCC) Golden Cariboo announced its 9th consecutive drill hole intersecting visible gold at the Halo Zone in B.C. The company believes this could be part of a major gold system. With ongoing drilling and strong historical context, CEO Frank Callaghan calls the discovery “the perfect start to what we believe will be a standout season.”Red Light Holland (CSE: TRIP) In a major step toward U.S. expansion, Red Light Holland's partner Irvine Labs has secured its 2025 DEA psilocybin import quota. This milestone paves the way for the legal import of natural psilocybin from the Netherlands for pharmaceutical development. CEO Todd Shapiro says it brings the company “one step closer to commercialization” in the U.S. emerging psychedelics market.ESGold Corp (CSE: ESAU) ESGold is nearing production at its Montauban project in Quebec and advancing deep exploration. With a new C$3.4M financing round secured, a unique geophysical survey completed, and early projections estimating C$23M in year-one revenue, the company is blending near-term cash flow with long-term discovery. President Brad Kitchen says ESGold is “building more than a mine.”For more breaking small-cap news and insights, follow AGORACOM across all channels—and don't miss our podcast for expert interviews and company spotlights!

In this interview with AGORACOM, Renforth Resources Inc. (CSE: RFR | OTCQB: RFHRF | FSE: 9RR) CEO Nicole Brewster discusses the company's newly updated 2025 Mineral Resource Estimate for its 100%-owned Parbec Gold Deposit in Quebec — a move that significantly strengthens the company's value proposition at a time when gold prices continue to surge.The updated estimate now totals 363,000 ounces of gold, marking a 29% increase over the previous figure and signaling growing maturity and confidence in the deposit. Notably, 265,000 ounces are now categorized as Measured and Indicated, and 87% of the total resource sits within an open pit — directly adjacent to Agnico Eagle's Canadian Malartic Mine, one of Canada's largest gold operations.KEY HIGHLIGHTS:Open Pit Advantage: With mineralization starting at surface and a pit depth of 300 meters, Parbec's economics are compelling, especially with nearby toll milling options.Strategic Fit for Agnico: The project's location beside Canadian Malartic and proximity to multiple mills makes it a potential solution for Agnico Eagle's "fill-the-mill" strategy — especially amid $5.6B in M&A activity in the district.Clear Monetization Path: CEO Nicole Brewster outlines a three-path strategy: sale, joint venture, or self-development, including a plan to initiate stripping and bulk sampling this summer for potential cash flow.A COMPELLING QUOTE FROM THE CEO“We are very happy to deliver this significant size increase to our open pit gold deposit next door to Agnico Eagle's Canadian Malartic mine… With this MRE, 87% of the gold ounces within the resource estimate are contained within the accompanying open pit.” — Nicole Brewster, CEOWHY INVESTORS SHOULD WATCH THIS INTERVIEW Renforth has done what many small caps struggle to achieve: increase its resource size while also upgrading confidence categories — all while controlling costs and maintaining 100% ownership in one of the world's top-ranked mining jurisdictions. With strategic positioning next to Canada's mining giant, viable paths to monetization, and growing relevance in a high-gold-price environment, Parbec is moving from potential to probability.This interview isn't just an update — it's a real-time look into how Renforth is strategically unlocking value from its assets and evaluating serious next steps.Watch the full interview now to understand why Renforth could be a key player in Quebec's next wave of gold development

AGORACOM TALKS: Weekly Small Cap RoundupHPQ Silicon (TSX-V: HPQ) (OTCQB: HPQFF) (FRA: O08)HPQ, Novacium, and GLD Alloys are joining forces to launch METAGENE™ — a revolutionary fuel for green hydrogen production. This alliance targets scalable, ultra-clean hydrogen without pressurized storage or electricity. With projected hydrogen output of 50,000 kg/year by 2027, the partnership is aiming to reshape the global energy landscape. Investors, take note: the green hydrogen market is expected to hit $500B by 2030.Draganfly (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8)Draganfly has secured a major global contract with SafeLane to provide drone-based landmine mapping. Starting in Ukraine, this multi-year agreement leverages Draganfly's tech in high-risk areas, enhancing safety and speed in explosive detection. This partnership is more than business—it's life-saving innovation with global impact.Quantum Biopharma (NASDAQ: QNTM) (CSE: QNTM) (FRA: 0K91)Quantum's licensee Celly Nutrition has landed a breakthrough deal with AATAC to bring ‘unbuzzed' to tens of thousands of U.S. retail locations. Unbuzzed is a science-backed recovery beverage designed to ease hangovers, clear the mind, and support alcohol metabolism. With AATAC's network including 7-Eleven, Shell, and Circle K, retail momentum is on the rise.AISIX Solutions (TSXV: AISX) (OTCQB: AISXF) (FSE: QT7)AISIX has been chosen by MNP to deliver wildfire risk modeling for clients across Canada. This deal strengthens climate resilience strategies with powerful data from AISIX's Wildfire 3.0 system—featuring over 30M simulations and future scenario modeling. The partnership highlights growing demand for actionable climate risk tools in insurance, real estate, and energy.Renforth Resources (CSE: RFR) (OTC: RFHRF) (FSE: 9RR)Renforth just boosted its Parbec Gold Deposit by 29%, increasing both size and geological confidence. With 87% of ounces in a pit-constrained model and proximity to Agnico Eagle's Canadian Malartic mine, Parbec is shaping up as a high-potential gold development play. Measured and Indicated resources now account for 73% of the total.Zefiro Methane (Cboe Canada: ZEFI) (Frankfurt: Y6B) (OTCQB: ZEFIF)Zefiro's partner XMST has filed a groundbreaking patent to supercharge methane leak detection and orphaned well remediation. The new system integrates AI, satellite imagery, and field data to pinpoint leaks and optimize plugging operations. This tech-forward approach boosts carbon credit efficiency and positions Zefiro as a leader in North America's methane mitigation market.

If you're looking for a small cap company that is generating tens of millions of dollars in quarterly revenue, look no further than Zefiro Methane ($ZEFI / $ZEFIF), a company that is growing astronomically by turning methane leaks from abandoned oil and gas wells into a $50 million revenue stream - in just 18 months.Methane—odorless, invisible, and over 80 times more potent than CO₂ over a 20-year period—is leaking from millions of inactive wells across North America. Zefiro is not just sealing these wells—it's deploying AI-powered tools to locate, prioritize, and monetize methane leaks, turning environmental remediation into an AI driven, revenue-generating machine.$435 BILLION MARKET OPPORTUNITY AND ZEFIRO IS ALREADY EXECUTING Conservative estimates state there are over 2.2 million abandoned oil and gas wells in the U.S. alone, though the EPA believes the actual figure may be as much as 3 times higher. Cleaning up these wells represents a $435 billion market opportunity. Enter Zefiro Methane Corp. — one of the few companies plugging old wells and turning the methane problem into a multi-million-dollar revenue stream.The Company's performance over the past 6 quarters is proof positive that Zefiro is already executing and on its way to tremendous potential growth:Revenue GrowthYear ended June 30, 2024 - $32.75M USD up 447% over 2023Q1 ending Sept 30, 2024 - $10M USD up 26% vs. Q1 2023Q2 ending Dec 31, 2024 - $7.48M USD up 12% vs Q2 2023Zefiro's model is built on diversification with discipline. CEO Talal Debs spoke with George and shared the company's structured growth plan that is both sustainable and scalable to meet the Company's massive growth projectionsOil & Gas Company Contracts with major oil and gas firms for their end-of-life well obligationsGovernment Funded Projects tapping into a $4.7 billion federal program to plug orphaned wells that is already paying major dividendsCorporate Carbon Credit Partnerships with corporations who need credits and are paying Zefiro to go out and fix leaking wells."We're building uncorrelated, profitable revenue lines—each with a target of 20% annualized returns. That's not aspirational. That's engineered," said Talal.COMPETITIVE EDGE: CONTROL, TECHNOLOGY AND A PURE-PLAY MODELZefiro's competitive advantage lies in its full-stack integration. Unlike peers that rely heavily on subcontractors, Zefiro owns its equipment, employs in-house remediation teams, and leverages cutting-edge technology—from satellite imaging to AI-driven mobile field apps. Talal described the firm as a “pure-play site remediation business”—a rare breed in a space dominated by fragmented service providers and legacy operators.THREE REVENUE STREAMS. ONE UNIFIED GOAL

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:Draganfly (CSE: DPRO | NASDAQ: DPRO)Partners with Balko Technologies to Advance Modular LiDAR Drone SolutionsDraganfly has joined forces with Balko Technologies to launch modular LiDAR-equipped drones for high-precision surveying, mapping, and environmental monitoring. The deal makes Balko an official North American distributor, with purchase orders already rolling in. This strategic partnership enhances Draganfly's legacy as a drone leader while unlocking major market opportunities in infrastructure, energy, and environmental sectors.AISIX Solutions (TSXV: AISX | OTCQB: AISXF)Selected by MNP to Provide Wildfire Risk Modeling for Canadian BusinessesAISIX has partnered with professional services giant MNP to deliver advanced wildfire risk analytics powered by its Wildfire 3.0 dataset. The collaboration helps businesses in agriculture, real estate, and finance assess future wildfire risks, providing asset-level insights that support resilience and insurance planning. AISIX's AI-driven platform is now a key tool in Canada's fight against climate risk.Quantum Critical Metals (TSXV: LEAP | OTCQB: ATOXF)Announces Breakthrough Critical Metals Discovery in QuébecQuantum unveiled major assay results from its Discovery Project, with 150-meter intervals containing high-grade gallium, rubidium, niobium, cesium, and tantalum—critical elements for semiconductors, quantum computing, and defense. As China tightens export controls on these strategic metals, Quantum's find strengthens North America's push for supply chain independence and resource security.GoGold Resources (TSX: GGD | OTCQX: GLGDF)Posts Strong Q2 Production, Advances Los Ricos ProjectsGoGold reported 555,479 silver-equivalent ounces produced in Q2 2025 at its Parral project in Mexico. Steady cash flow from Parral is funding exploration and development at the high-potential Los Ricos South project, with permitting underway. The company's balanced approach—cash flow now, growth later—makes it a standout mid-tier precious metals player.Silver X Mining (TSXV: AGX | OTCQB: AGXPF)NI 43-101 Report Confirms 70% Silver Resource Increase at Nueva RecuperadaSilver X has officially expanded its silver resource base at the Nueva Recuperada project in Peru, including a 70% increase in measured and indicated silver and a 50% jump in inferred resources. The Plata Mining Unit, now a cornerstone asset, also saw significant lead and zinc growth. The company is quickly becoming a serious contender in South America's silver mining sector.Freeman Gold (TSXV: FMAN | OTCQB: FMANF)Updated Lemhi Project Valuation Hits US$648M at $2,900 GoldFreeman Gold released a revised economic model showing a post-tax NPV of US$648 million and a 45.9% IRR for its Lemhi Gold Project in Idaho at today's gold prices. With low capex, high margins, and a proven resource, Lemhi is now positioned as one of North America's most compelling undeveloped gold assets.Follow AGORACOM for more breaking small-cap news and CEO interviews that matter.Catch our latest episodes on the AGORACOM podcast:https://open.spotify.com/show/74mVPkfalaWXFYY65A2XLM

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:Awalé Resources (TSXV: ARIC)Strikes Gold (and Copper) in Côte d'Ivoire!Awalé just announced a major gold-copper discovery at its Odienné Project in West Africa. The highlight? 1.6 g/t gold equivalent over 45 metres—including a high-grade core of 4 metres with strong gold, copper, and molybdenum values. With a consistent mineralized zone stretching over 1km and open at depth, this is shaping up to be a game-changer. Backed by a partnership with Newmont and targeting an underexplored mineral belt, Awalé is gaining serious momentum.Amex Exploration (TSXV: AMX)Drills High-Grade Polymetallic Zone in QuebecAmex is expanding its Central Polymetallic Zone with a powerful drill hit: 1.30m grading 39.06 g/t gold, 331.92 g/t silver, and significant base metals. This expands the zone by 130 metres near surface and confirms the potential for more at depth. With strong silver-to-gold ratios and VMS-style mineralization, Amex is becoming a major name in Quebec's Abitibi region.Tilray Brands (TSX: TLRY / Nasdaq: TLRY)Margin Growth, Debt Reduction & THC Drink ExpansionTilray reported Q3 fiscal 2025 results with a big focus on profitability. Cannabis gross margins hit 41%—an 800 bps jump—and the company slashed $71M in debt. Tilray also expanded its hemp-derived THC beverage line to 10 U.S. states with over 1,000 points of distribution. With $248M in cash and an eye on tech innovations like AI and crypto, Tilray is evolving into a leaner, smarter CPG force.Linear Minerals (TSXV: LINE)Lithium Discovery in Quebec Heats UpLinear Minerals hit 1.00% lithium oxide over 8.90m at its Augustus property. That's not all—they also intercepted rare elements like beryllium, cesium, and even nickel and chromium, showcasing a multi-metal potential. With over 18,000 metres drilled and growing demand for battery metals, Linear is becoming one to watch in the North American lithium supply chain.Follow AGORACOM for more breaking small-cap news, interviews, and insights. Catch it all on our podcast—where small caps make big headlines.

Kidoz Inc. (TSXV: KIDZ), the global leader in child-safe mobile advertising, just posted its strongest quarter to date—solidifying its position as the default monetization platform for digital content aimed at children under 13. With quarterly revenue hitting $10.7 million and a pre-tax profit of $2.9 million, the company not only returned to profitability but also showcased the strength of its privacy-first model in a rapidly evolving regulatory environment.STRATEGIC GROWTH BACKED BY INDUSTRY GIANTSKidoz's impressive growth is underpinned by key partnerships and widespread industry adoption:Integrated into nearly 5,000 kid-focused appsReaches over 400 million monthly active users globallyTrusted by brands like Disney, LEGO, Mattel, McDonald's, and HasbroCertified partner of Apple and GoogleThe company's AI-powered contextual ad engine, which targets content—not personal behavior—is proving essential as tech platforms introduce tools to support age-appropriate experiences.THE KID SAFE REGULATORY ADVANTAGEAs lawmakers tighten the rules around data privacy—particularly for children—Kidoz stands apart. The company is fully compliant with global standards like COPPA and GDPR-K and is already aligned with forthcoming legislation like COPPA 2.0, which will mandate age-gating and data separation for under-13 audiences.“Unlike traditional ad networks, we don't collect our profile user data. Our contextual AI targeting is designed from the ground up to protect kids' privacy—and that's become our biggest competitive advantage.” — Jason Williams, CEO of Kidoz Inc.LOOKING AHEAD: PROFITABILITY, SCALE & MARKET SHAREKidoz has committed to maintaining quarterly profitability throughout 2025. With regulators enforcing stricter data use policies and major brands seeking safe ad environments, the company is capturing a growing share of a market forecast to surpass $100 billion in digital ad spend.With a clear regulatory tailwind, scalable technology, and a rapidly growing client base, Kidoz is not just adapting to change—it's defining the future of child-focused digital advertising.

AGORACOM TALKS: Five Small-Cap Companies Making Big Moves This WeekIt's been a major week across the small-cap space. From telecom infrastructure in Africa to cutting-edge clean tech and breakthrough wellness products, here are the top five stories you need to know:Quantum BioPharma (NASDAQ: QNTM) Launches “unbuzzd” in Puerto RicoQuantum BioPharma, through its licensee Celly Nutrition Corporation, has officially launched its anti-hangover beverage unbuzzd in Puerto Rico. Backed by clinical research, unbuzzd is being distributed through FUSION Group, reaching major retailers including Walmart, Walgreens, Costco, and Sam's Club.The product is available in single-use powder packs designed for portability and convenience, with a formula proven to accelerate alcohol clearance and reduce post-drinking symptoms.With this launch, Quantum is targeting the Caribbean's functional beverage market and setting the stage for broader expansion across Latin America.NuRAN Wireless (CSE: NUR) Expands with 20 New Network Sites in Rural AfricaNuRAN Wireless continues its push for rural connectivity by deploying 20 additional mobile network sites in Africa this March. Despite supply chain delays, the company has now deployed 40 sites in 2025 and is targeting 204 in total by the end of June.Key highlights include meeting current revenue targets and staying on course toward profitability.Each site brings essential voice, data, and internet services to underserved regions—delivering both economic uplift and long-term investor potential in emerging markets.ESGold Corp (CSE: ESAU) Completes Deep Subsurface Imaging at MontaubanESGold has completed a groundbreaking Ambient Noise Tomography (ANT) survey at its Montauban Project in Quebec, achieving imaging depths of over 800 meters—double the initial expectations.The 3D subsurface model, now in development, will refine drill targets and could confirm the presence of an expanded mineralized system.This milestone comes as gold and silver prices remain strong, and ESGold is preparing an updated Preliminary Economic Assessment to reflect the project's enhanced value and upside potential.PyroGenesis (TSX: PYR) Reports Strong 2024 and Enters 2025 with $54.4M BacklogPyroGenesis closed out 2024 with a 27% revenue increase and its first quarterly net income in years. The company develops all-electric plasma technologies for industrial applications across aluminum, steelmaking, and aerospace.With a $54.4 million contract backlog—87% denominated in USD—PyroGenesis is well-positioned for further growth as global demand for decarbonized, electrified industrial solutions rises. Its high-margin technologies are gaining adoption as governments and corporations transition away from fossil fuels.Zefiro Methane Corp (Cboe Canada: ZEFI) Remediates 18 Orphaned Wells in PennsylvaniaZefiro Methane, through its subsidiary Plants & Goodwin, has completed the remediation of 18 orphaned oil and gas wells in Clarion County, Pennsylvania. One well was located just six feet from a private drinking water source and had rendered it unusable due to contamination.The project underscores the environmental and public health importance of Zefiro's work—and the growing demand for certified remediation services as federal and state governments fund well-plugging programs.Zefiro is building a scalable business model at the intersection of environmental cleanup, methane reduction, and infrastructure modernization.