Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Midway (ASX:MWY)
The forestry company signed a scheme implementation deed with RCM BidCo, owned and controlled by funds managed and advised by River Capital, for the acquisition of all Midway shares through a scheme of arrangement.
Euro Manganese (ASX:EMN)
The battery materials company named Chief Financial Officer Martina Blahova as interim chief executive, succeeding Matthew James, who has resigned from the CEO and the directorship role. Also, Dean Larocque was appointed chief financial officer, succeeding Blahova, with the changes effective Tuesday.
DY6 Metals (ASX:DY6)
DY6 Metals confirmed the potential of platinum group element and base metals mineralization at the Ngala Hill project in Malawi following its recent reconnaissance sampling program.
FMR Resources (ASX:FMR)
FMR Resources named Patrick Burke as non-executive chairman, effective Thursday, succeeding Steven Papadopoulos.
Orbital (ASX:OEC)
The industrial technology company is set to raise about AU$2 million through a one-for-eight renounceable pro-rata entitlement offer priced at AU$0.11 per share. It is fully underwritten by major shareholders, UIL and Boneyard Investments, who have each agreed to underwrite 50% of the offer.
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