Small cap wrap: C3 Metals, Ocean Power Technologies, Silver Range Resources, Nine Miles Metals…

International Graphite Ltd (ASX:IG6, OTC:IGRPF) has signed a Heads of Terms agreement with Wogen Pacific Ltd to support product sales, marketing and graphite concentrate supply for its Collie Micronising Facility in Western Australia.

The agreement is designed to help International Graphite establish sales channels into the Asia-Pacific market while supporting feedstock supply for future production growth at Collie.

The S&P/ASX Small Ordinaries Index (ASX) was trading at 3,476.90, down 0.16% or 5.50 points yesterday, although the index remained 3.06% or 109.70 points higher over the past five days.

Several ASX-listed companies have released operational, commercial and investor updates this morning, spanning copper, graphite, carbon dioxide transport technology and base metals production.

GameStop Corp (NYSE:GME)'s board has scrapped a proposed CEO performance award after a request from CEO Ryan Cohen, who said he wants leadership focused on the company's operating performance and its pursuit of online marketplace eBay.

The award, approved in January 2026, would have paid Cohen as much as $35 billion if GameStop reached a market capitalization of $100 billion.

Ocean Power Technologies Inc (NYSE-A:OPTT) announced that it has deployed and commissioned a PowerBuoy system for Rutgers University off the coast of New Jersey and received an order for a WAM-V unmanned surface vehicle from Stevens Institute of Technology.

The Rutgers project, supported by the New Jersey Economic Development Authority, is fully installed and operational, according to the company. The PowerBuoy system replaces an existing ocean monitoring setup that relied on fixed seabed cables and is designed to provide continuous offshore power and communications without permanent infrastructure.

Nine Mile Metals Ltd. (CSE:NINE, OTCQB:VMSXF, FRA:KQ9) said a completed drill hole at its Wedge project in New Brunswick hit two distinct zones of copper-bearing VMS mineralization over 129.72 metres, reinforcing the northeastern extension of the deposit.

Drill hole DDH WD-26-01 hit base metal sulphides including pyrite and chalcopyrite from 34.6 to 164.32 metres, with the lower zone also carrying visible sphalerite (zinc) and galena (lead).

EDM Resources Inc (TSX-V:EDM, OTC:SWNLF) said directors, insiders and major shareholders have exercised common share purchase warrants, generating gross proceeds of approximately $1.5 million to advance its Scotia Mine project in Nova Scotia.

The warrant exercises follow several recent milestones for the Canadian company, including the start of trading on the OTCQB Venture Market in the US, advancement of the Fisheries Act Authorization review process, and the start of gold exploration activities.

C3 Metals Inc (TSX-V:CCCM, OTC:CUAUF) has reported results from 10 additional drill holes at its wholly owned Khaleesi copper project in southern Peru, highlighting the discovery of two new skarn zones and manto-style copper mineralization that extend the footprint of the mineralized system.

The latest drilling program has identified new garnet-magnetite skarns located approximately 400 metres and 1,000 metres southwest of the main skarn body first intersected in hole KHZ5800-001, which previously returned 269 metres grading 0.30% copper.

Replenish Nutrients Holding Corp (CSE:ERTH, OTC:VVIVF, FRA:7KE) has completed commissioning of its patented pellet fertilizer facility at the Beiseker Hutterite Colony, with production of at least 1,000 metric tonnes per month expected to begin in the third quarter of 2026.

The company anticipates average pricing of approximately $600 per metric tonne and gross margins of 25% to 35%, which it expects to flow directly to its bottom line.

Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF, FRA:8SR) has reported results from recent exploration work at its Alamo property in La Paz County, Arizona, highlighting new gold and copper anomalies and an expanded exploration target area.

The company completed soil geochemical and very low frequency electromagnetic (VLF-EM) surveys in December 2025 and April 2026, extending its existing survey grid into a covered pediment area northwest of previous work.

Shares in Haydale Graphene Inds PLC (LSE:HAYD, OTC:HDGHF, FRA:6HG) jumped 44% to 0.0065p after the advanced materials and clean-technology group reported a sharp rise in revenue, reflecting its first full quarter as an enlarged business.

The AIM-listed company said revenue for the six months to 31 March rose 463% to £2.25 million, up from £400,000 a year earlier.

Coiled Therapeutics (AIM:COIL, OTCQB:COTXF), the AIM-listed clinical-stage oncology company, has appointed Craig Tooman as an independent non-executive director with effect from 25 June.

Tooman most recently served as president, chief executive and board director of Silence Therapeutics, the Nasdaq-listed siRNA company.

Veteran mine builder Matthew Gili will join American Rare Earths Ltd (ASX:ARR, OTCQX:ARRNF)'s board as a non-executive director as the company advances the Halleck Creek Rare Earths Project in Wyoming and prepares for a planned Nasdaq compliance listing in H2 2026.

Gili is currently president and CEO of Ur-Energy Inc, a NYSE American and TSX-listed Wyoming uranium producer, and brings more than 25 years of mine development and operational experience across major global mining groups including Rio Tinto and Barrick.

Lindian Resources Ltd (ASX:LIN, OTC:LINIF) has established a regional office in Singapore to take direct control of international sales, marketing and logistics for its rare earths products, positioning the company closer to global customers as development of the Kangankunde Rare Earths Project in Malawi advances toward first production.

The Singapore office will manage future sales of Monazite Concentrate and Mixed Rare Earth Carbonate (MREC), following the recent termination of a third-party trading agency agreement with Gerald Metals.