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.
XTM – Non-Dilutive Fintech Funding Via RWA Tokenization (CSE: PAID) (OTCQB: XTMIF) (FSE: 7XT)
XTM Inc., a North American earned wage access and instant pay fintech, has signed a binding LOI with AGORACOM RWA DBX to tokenize Preferred Shares in its U.S. subsidiary, XTM USA.
Key points: • Structure targets non-dilutive capital, with no new common shares issued • XTM USA holds the core AnyDay™ IP and contracts, tied to 150,000+ daily wage earners projected in 2026 • AGORACOM RWA DBX gets a six-month exclusive mandate to design and coordinate the tokenization and listing strategy • Tokens will be backed by Preferred Shares in XTM USA, aiming to tap emerging RWA investors while XTM maintains full operating control
If successful, this could become a model small-cap RWA financing structure, giving XTM new growth capital while protecting its cap table.
Draganfly – Border Security Drone Gains Multi-Agency Attention (CSE: DPRO) (NASDAQ: DPRO) (FSE: 3U8A)
Draganfly’s Outrider™ Border Drone has completed live mission demos with the Cochise County Sheriff’s Office along the U.S.–Mexico border, attracting interest from multiple U.S. law enforcement, federal and military agencies.
Highlights: • Outrider is NDAA-compliant and North American–built, a key requirement for U.S. government programs • Heavy-duty profile with up to 100 lb payload and up to 7 hours of flight time • Demonstrated use cases included persistent surveillance, emergency response support, and air–ground coordination • Event generated multi-agency procurement interest, positioning Draganfly in the growing U.S. homeland security and public-safety drone market
The Cochise County Drone Summit showcases Draganfly as a domestic, mission-ready drone supplier at a time of rising demand for compliant UAS solutions.
Midnight Sun Mining – High-Grade Copper Over 1.5 km at Dumbwa (TSX-V: MMA) (OTCQX: MDNGF)
Midnight Sun Mining is advancing a promising copper discovery at the Dumbwa target on its Solwezi Project in Zambia’s Copperbelt. New results continue to build a picture of a sizeable, high-grade system.
Key drill results and momentum: • 1.0% copper over 22 m (DBW-25-010) • 0.98% copper over 15 m and 0.79% copper over 5.25 m (DBW-25-009), plus supporting intervals • Nearly 1.5 km of mineralized strike now defined in a north–south corridor • 51 holes completed, 5 ongoing, and ~75 more holes planned (~15,000 m) to test a further 3 km of strike • Five rigs turning, with a sixth rig expected in early 2026, and drilling to continue through the rainy season
Located beside major producing operations in the Zambia–Congo Copperbelt, Dumbwa is shaping up as an emerging copper story with district-scale upside.
Pacific Ridge – One of the Best Holes Yet at Kliyul Copper-Gold Project (TSX-V: PEX) (OTCQB: PEXZF) (FSE: PQW)
Pacific Ridge Exploration has reported one of its strongest drill holes to date at the Kliyul Main Zone (KMZ) in north-central British Columbia, reinforcing both grade and scale potential at its flagship copper-gold project.
2025 drill highlights: • Hole KLI-25-070: • 489.8 m of 0.56% CuEq (0.84 g/t AuEq) from near surface • Including 289.0 m of 0.77% CuEq (1.15 g/t AuEq) • With a higher-grade core of 85.0 m at 1.47% CuEq (2.19 g/t AuEq), including 37.5 m at 2.49% CuEq (3.72 g/t AuEq) • Hole KLI-25-071: • 421.0 m of 0.24% CuEq (0.35 g/t AuEq) • Including 91.0 m of 0.47% CuEq (0.70 g/t AuEq) • KMZ currently hosts an Inferred Resource of 334.1 Mt at 0.33% CuEq, and mineralization has now been extended 110 m to the west within the resource pit shell
With a 6 km underexplored mineralized trend and multiple additional targets to test, Kliyul is emerging as a large-scale copper-gold system in a premier Canadian mining jurisdiction.