Canada’s oil producers and explorers are set to report mixed third quarter results, according to RBC analysts, with Athabasca Oil kicking things off on October 29 after market close.
“Our third-quarter funds from operations (FFO)/share estimates for our coverage group are generally mixed vis-a-vis FactSet consensus but may move more into line as formal corporate surveys are released,” RBC said, noting that FFO measures cash generated by operations before dividends and working capital changes.
Highland Critical Minerals Corp (CSE:HLND) announced that it will kick off an exploration program at its Sy Property in Nunavut, Canada, later this month.
The Sy Property is located in the Yathkyed Lake Greenstone Belt, a region with limited previous exploration compared to nearby greenstone belts that host gold and base metal occurrences, the company said.
American Resources Corp (NASDAQ:AREC) announced that its portfolio company ReElement Technologies Corporation has advanced as a finalist in the National Science Foundation (NSF) Regional Innovation Engines competition.
The Critical Materials Crossroads consortium, led by the University of Missouri-Kansas City (UMKC) and including ReElement Technologies, is competing for the award, which carries potential funding of up to $160 million over 10 years.
Reconnaissance Energy Africa Ltd (TSX-V:RECO, OTCQX:RECAF) announced that drilling at the Kavango West 1X exploration well in Namibia remains on the original expected schedule, with the company anticipating being at total depth in the second half of November.
The Canadian oil and gas company said the well is expected to penetrate about 1,500 metres (m) of potential reservoir before reaching total depth at around 3,800m.
Charbone Hydrogen Corporation (TSX-V:CH, OTCQB:CHHYF) announced that it has taken possession of hydrogen production and refuelling assets from Harnois Énergies, which will allow it to relocate and repurpose hydrogen production equipment at its Sorel-Tracy facility in Quebec.
The company said this will allow it to achieve first production of Ultra High Purity (UHP) hydrogen at Sorel-Tracy by early Q4, 2025.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) announced the acquisition of three strategic domain names, EventToken.com, EventDrop.io, and NextechTickets.com, to anchor the company’s upcoming blockchain ticketing ecosystem, set to debut in the fourth quarter of 2025.
The AI-powered event management company said the acquisitions further position Nextech3D.ai to lead the digital age of event ticketing, sponsorship, and loyalty through blockchain technology, and represent the foundation of Nextech’s Event Token Ecosystem.
Shares in Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, ASX:GGP) climbed 6% after the miner reported robust production figures and a stronger cash position for the September quarter, while keeping its full-year guidance unchanged.
The company produced 80,890 ounces of gold and 3,366 tonnes of copper in the three months to September, with sales slightly higher at 82,199 ounces of gold and 3,277 tonnes of copper.
Orosur Mining Inc (AIM:OMI, TSX-V:OMI) has reported high-grade assay results from its ongoing infill drilling campaign at the Pepas prospect, part of the 100%-owned Anzá Project in Colombia.
Results from its latest five holes included 63.55 metres at 8.23 grams per tonne (g/t) gold in one hole and 49.95 metres at 4.29 g/t in another..
Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, ASX:GGP) delivered a solid preliminary production and sales performance for the September 2025 quarter, while reiterating financial year 2026 guidance and flagging a materially higher cash balance.
The company produced 80,890 ounces gold (Au) and 3,366 tonnes copper (Cu) in the quarter, with sales of 82,199 ounces Au and 3,277 tonnes Cu.
Kairos Minerals Ltd (ASX:KAI, OTCQB:KAIFF) has reported another set of strong drilling results from its flagship Mt York Gold Project in Western Australia’s Pilbara region, extending mineralisation at the Main Hill prospect and underscoring the growth potential of its 1.4-million-ounce resource.
The latest 10 diamond holes returned high-grade intercepts both near surface and at depth, expanding the so-called Monster Zone a further 250 metres to the east and confirming that gold mineralisation remains open at depth.
Percheron Therapeutics Ltd (ASX:PER, OTC:PERCF) has reported positive final data from its phase I clinical trial of HMBD-002, showing a favourable safety profile and early signs of potential efficacy across several cancer types.
The study — conducted at six sites in the United States under an FDA Investigational New Drug (IND) application — enrolled 48 patients with advanced, metastatic cancers including pancreatic, bowel, breast and lung tumours. All participants had previously received an average of four to five different therapies before entering the trial.
European Lithium Ltd (ASX:EUR, OTCQB:EULIF) has received net proceeds of US$21 million (approximately A$31.75 million) after Critical Metals Corp. (Nasdaq: CRML) sold 3 million CRML shares off-market to a single United States institutional investor at US$7 per share, a 10% premium to the 14-day volume weighted average price (VWAP).
Executive chairman Tony Sage said: “This transaction again highlights the value of the company’s holding in CRML. The remaining 60 million shares held in CRML, using the $US11.50 closing price on the Nasdaq yesterday, values the Company’s holding at approximately $US689M ($A1,061m), which is well above the current market capitalisation of EUR. The Company’s holding in CRML equates to A$0.73c per EUR share.”
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