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Futures suggest the ASX will open lower today after a subdued session across global markets overnight, largely due to the Memorial Day public holiday in the US.
Nonetheless, here are some ASX-listed companies to watch over the course of today’s trade:
Felix Gold (FXG) has kicked off infill drilling at the NW Array Southern Zone exploration target within its Treasure Creek project in Alaska, USA.
The company reported it would aim to complete up to 40 holes for around 3500 metres, with a maiden mineral resource estimate targeted for the end of this year.
To date, results have revealed a thick, shallow gold deposit of robust open pit tenor, with mineralisation remaining open in different directions and at depth.
Shares in FXG last traded at 8.5 cents.
Also in the materials space, Richmond Vanadium Technology (RVT) has promoted its current Non-Executive Director, Jon Price, to the role of Managing Director, effective from July 1.
The company announced Mr Price would replace the retiring Dr Shaun Ren, who advised RVT of his intentions to step down after almost eight years with the company.
Mr Price has more than 30 years’ experience in precious and critical minerals across exploration, development, plant construction, operations and corporate.
Shares in RVT last traded at 36 cents.
A2B Australia (A2B) has completed the sale of its Bourke Rd Alexandria property for $19 million.
The leading personal transportation services and solutions company first announced the sale in December of last year.
At the time, A2B reported the proceeds from the sale would go toward repaying debt and for general working capital purposes.
Shares in A2B last traded at $1.48.
Meanwhile, Pure Resources (PR1) has commenced on-ground lithium exploration at its Laforge project in Quebec, Canada.
The program follows on from an aerial reconnaissance mapping and sampling program that was completed at the project late last year.
“The previous fieldwork was completed on less than five per cent of Pure’s 261 square kilometre landholding and the company is looking forward to building on the previous work with the goal of generating targets for follow-up drill testing,” PR1 Executive Chair Patric Glovac said.
Shares in PR1 last traded at 23.5 cents.
DroneShield (DRO) has announced a “significant” production and operations ramp-up following the completion of its capital raise in March.
The company reported it holds $67 million across its counterdrone products under production, expected to be completed this year.
DroneShield is targeting another record year, with cash receipts YTD already received of 13.9 million, and more than $2 million to be received by R&D tax incentive in the third quarter. In 2022, cash receipts for the year were $15.7 million.
Shares in DRO last traded at 26.5 cents.
