Small cap wrap: Power Metallic Mines, NEXE Innovations, Virtuix...

The global potash industry has long operated within a narrow circle of dominant producers. As demand grows and supply chain vulnerabilities come into sharper focus, the search for reliable new sources is intensifying. Farhad Abasov, chairman and director of Millennial Potash Corp (TSX-V:MLP, OTCQB:MLPNF, FRA:XOD), makes the case for why Gabon deserves a closer look.

For decades, the global potash sector has been shaped by a small number of producing nations led by Canada, Russia and Belarus, whose resources play a critical role in supporting agricultural production worldwide.

Virtuix Holdings Inc (NASDAQ:VTIX) has launched Omni One for Quest, a plug-and-play integration that makes its omnidirectional treadmill compatible with Meta Quest 2 and Quest 3 headsets, significantly expanding the Austin-based company's addressable market.

The product has received "Made for Meta" certification and will be featured in the Meta Store, giving Virtuix access to the world's largest XR user base.

Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) continues to advance its Lion Zone discovery at the Nisk project in Québec, with recent drilling further refining the geometry of the deposit and strengthening confidence ahead of a maiden Mineral Resource Estimate (MRE) expected at the end of July, according to analysts at Hannam & Partners.

The broker highlighted new infill results from the Winter 2026 program as supporting both grade continuity and near-surface mineralization along the western margin of the Lion Zone.

Ballislife Drink Inc said on Tuesday that Egypt Dean, the 15-year-old son of Grammy Award-winning artists Alicia Keys and Swizz Beatz, has made a seven-figure strategic investment in Ballislife HYDRO, the company's basketball-focused sports hydration brand.

Funded in part by royalties Dean earned after producing a beat used by Kendrick Lamar at age five, the investment positions the teenager as a strategic partner in the brand's national expansion. The partnership is expected to include marketing collaboration, retail expansion initiatives, and access to networks across sports, entertainment, and culture. The transaction also marks the beginning of a broader strategic relationship between Dean and the company as Ballislife HYDRO continues its national growth and expansion.

NEXE Innovations Inc (TSX-V:NEXE, OTC:NEXNF, FRA:FRA: NX5) said that adoption of its compostable coffee pod platform is gaining momentum, as a North American distribution partner ramps up orders, adds new brands and expands marketing efforts ahead of the key fall and winter sales season.

The Vancouver-based company, which develops compostable materials and coffee pods, said it and its commercial partner have advanced a transition to NEXE's BPI-certified compostable coffee pod platform that was first announced in March.

Power Metallic Mines Inc (TSX-V:PNPN, FRA:IVV1, OTCQB:PNPNF) has reported additional assay results from its winter 2026 drilling program at the Lion Zone, including intercepts of 13.30 meters grading 3.98% copper equivalent in hole PML-26-115 and 5.26 meters grading 8.45% copper equivalent in hole PML-26-105.

The company said the results are among the final assays expected to be incorporated into an initial National Instrument 43-101 mineral resource estimate (MRE) for the Lion deposit, which is scheduled for completion by the end of July alongside an updated estimate for the Nisk deposit.

Metals One PLC (AIM:MET1, FRA:HT7, OTCQB:MTOPF), the gold and uranium developer and investor, has built a 5.57% stake in Talon Resources.

The holding was confirmed as Talon began trading on AIM on Tuesday. Talon has switched from being a main market cash shell to a gold exploration company focused on North America.

Tertiary Minerals PLC (AIM:TYM, OTC:TTIRF, FRA:TMU), the explorer focused on silver and copper projects in Zambia, has reported a period of significant operational progress.

The update accompanied interim results for the six months to 31 March.

Nova Minerals Corp (ASX:NVA, NYSE-A:NVA, FRA:QM30) has completed its redomicile to the United States and started key 2026 field work at its Estelle Gold and Critical Minerals Project in Alaska, including drilling for antimony and gold.

The company’s common stock and listed warrants were now trading on the NYSE American under the ticker symbols NVA and NVAWS, while Chess Depositary Interests continue to trade on the ASX under NVA.

G50 Corp Ltd (ASX:G50, OTCQB:GFYTF) has delivered a strong first result from its 2026 core drilling program at the White Caps Gold Project in Nevada, intersecting 13.5 metres at 7.67 g/t gold and 2.38 g/t silver from 305.5 metres.

The result from hole WCD26-01 included a higher-grade interval of 3.93 metres at 23.95 g/t gold and 7.29 g/t silver from the same depth, marking the first reported assay from a 5-hole, 2,220.10-metre program.