Small Caps Shine: Baselode Energy, Nextech3D.AI, NEXE Innovations, Ocean Power, HIVE Digital, Digi Power X, G Mining Ventures

Baselode Energy Corp closed a C$6 million private placement for uranium exploration in Canada's Thelon and Athabasca Basins. Nextech3D.AI is developing a blockchain-based ticketing platform for the global event industry. NEXE Innovations made another delivery to ecoBeans Coffee Inc. Ocean Power Technologies urged New Jersey lawmakers to strengthen support for the state's marine energy industry. HIVE Digital Technologies reported record quarterly revenue, net income, and adjusted EBITDA, boosted by rising Bitcoin mining hashrate and demand for HPC hosting services. Digi Power X saw a 163% YoY increase in colocation revenue to $9.57 million in the first half of 2025, driven by rising demand for AI infrastructure. G Mining Ventures Corp expects a stronger second half of 2025, driven by improved operational efficiency and increased revenue.

Baselode Energy Corp. has successfully closed a C$6 million private placement for uranium exploration in Canada's Thelon and Athabasca Basins. The company sold 42,857,143 flow-through units at a price of C$0.14 per unit, with proceeds intended for exploration activities in these key basins [1].

The private placement, facilitated by Red Cloud Securities Inc., includes the issuance of common shares and share purchase warrants. The funds will be used to incur Canadian exploration expenses and flow-through mining expenditures, targeting critical minerals as defined by the Income Tax Act [1].

Baselode Energy Corp. expects to use the proceeds to explore its projects in the Thelon and Athabasca Basins, with a focus on discovering near-surface, basement-hosted, high-grade uranium orebodies. The company's exploration thesis involves innovative geophysical methods to map deep structural controls and identify shallow targets for diamond drilling [1].

The closing of the offering remains subject to the final approval of the TSX Venture Exchange. Baselode Energy Corp. is focused on its Athabasca 2.0 exploration thesis, which aims to discover near-surface, basement-hosted, high-grade uranium orebodies outside the Athabasca Basin [1].

References:
[1] https://www.juniorminingnetwork.com/junior-miner-news/press-releases/2806-tsx-venture/find/185584-baselode-closes-6-0-million-private-placement.html