Small Cap Watch: Lindian, ArchTIS, Riversgold and more… Proactive uses images sourced from Shutterstock

The S&P/ASX SMALL ORDINARIES (ASX: XSO) was at 3,727.30, up 63.50 (1.73%) yesterday, but down 2.10 (-0.06%) over the past five days. Looking to follow yesterday's positive momentum are several companies that have delivered news before market open. You can read about the following and more throughout the day.

Lindian Resources

Lindian Resources Ltd (ASX:LIN, OTC:LINIF) says the Australian Nuclear Science and Technology Organisation (ANSTO) has completed an independent radiological assessment of 2 representative Kangankunde monazite concentrate samples (Certificate of Analysis 25GAM228, Appendix A). ANSTO concluded the representative samples would not be classified as radioactive for transport under the International Atomic Energy Agency (IAEA) transport framework and are exempt from the requirements of SSR-6 (Regulations for the Safe Transport of Radioactive Material). As a result, Lindian’s concentrate shipments will not require Class 7 radioactive dangerous goods controls under SSR-6, supporting a simplified export and logistics pathway.

Riversgold

Riversgold Ltd (ASX:RGL, FRA:RGV, OTC:RVSGF) says it has significantly increased its tenement holding in the Kalgoorlie East area, proximal to the north and east of the company’s Kalgoorlie Gold Project (Northern Zone). The Northern Zone intrusive-hosted gold project is located on P25/2651 (M25/389 application), about 25 km east of Kalgoorlie in Western Australia.

archTIS

archTIS Ltd (ASX:AR9, OTCQB:ARHLF) says it has been awarded a contract by a US and European military alliance to safeguard member-nation data for secure collaboration across transatlantic allied defence operations. The initial contract is for 2,500+ users valued at about A$416,000, with 2 subsequent option years totalling about A$805,000, for a total potential award of about A$1,220,000. The initial award covers the balance of calendar year 2026 and includes about A$244,000 for licensing and about A$170,000 for configuration and support, with each option year including 12-month licensing of about A$267,000 and about A$136,000 in support costs.

Capral

Capral Ltd (ASX:CAA, FRA:CBZ) released its financial results for the 12 months to 31 December 2025 (FY25), reporting revenue of $686 million (FY24: $650 million), volume of 65,000 tonnes (FY24: 67,800 tonnes), underlying EBITDA of $59.6 million (FY24: $58.2 million), underlying EBIT of $35.8 million (FY24: $34.3 million) and reported NPAT of $35.6 million (FY24: $32.5 million).