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Small Cap Breaking News: Don’t Miss Today’s Top Headlines 10/07/2026
<p>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:American Fusion Inc. (OTCQB: AMFN)American Fusion is restructuring up to $2.88 million of stock-based compensation obligations into long-term, lock-up Series C convertible preferred stock covering twelve officers, directors and advisors, with no cash changing hands. The move is part of a broader capital restructuring as the company works toward a national exchange uplisting and institutional financing, and it has begun transitioning its audit to PCAOB-registered MBP Global LLP. A defined conversion schedule and cleaner compensation commitments matter to investors watching the path to a senior listing.SAGA Metals Corp. (TSXV: SAGA) (OTCQX: SAGMF) (FSE: 20H)SAGA drilled 495.6 metres at 37.86% Fe2O3, 5.51% TiO2 and 0.273% V2O5 at its Radar titanium-vanadium-iron project in Labrador, including 68.2 metres at 52.95% Fe2O3, 8.57% TiO2 and 0.381% V2O5. The maiden resource drill program is now complete at 22,432 metres, the largest in company history, with 100% of holes hitting oxide mineralization. With a NI 43-101 resource estimate underway, the scale and continuity point to a potential strategic North American source of critical minerals.Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM)Eloro intersected 87.10 metres grading 73.26 g/t silver and 0.18% tin, plus a near-surface 17.90 metres at 190.50 g/t silver and 0.45% tin, in expansion drilling at its Iska Iska project in southern Bolivia. The step-out holes extend high-grade silver, tin and polymetallic zones that remain open in all directions. The results support Eloro's push to expand indicated resources ahead of a planned preliminary economic assessment.Osisko Metals Inc. (TSX: OM) (OTCQX: OMZNF) (FSE: 0B51)Osisko hit 94.4 metres averaging 1.47% copper at its Gaspe Copper project in Quebec, including 5.3 metres at 8.31% copper and 51.0 g/t silver. A separate hole revealed a previously unknown copper porphyry below the E Zone, potentially a third mineralized centre in the system. Gaspe already hosts the largest undeveloped copper resource in eastern North America, so new high-grade hits and discovery upside strengthen the development case.Vizsla Copper Corp. (TSXV: VCU) (OTCQB: VCUFF) (FSE: 97E1)Vizsla Copper intersected 21.2 metres grading 307.5 g/t silver equivalent at the AG deposit of its Palmer copper-zinc VMS project in southeast Alaska, in