Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.

Eastern Resources (ASX:EFE)

Eastern Resources is seeking shareholder approval at the annual general meeting to consolidate its issued capital by converting every 10 shares into one share to reduce the company's shares on issue and create a more effective capital structure.

Synlait Milk (NZE:SML, ASX:SM1)

Synlait Milk chief executive Grant Watson resigned. Dairyworks CEO Tim Carter will succeed Watson in an acting capacity as the company starts a global search for a permanent hire.

Talisman Mining (ASX:TLM)

Talisman Mining started a new reverse circulation drilling program at the Durnings prospect in the Lachlan copper-gold project in New South Wales, while a maiden diamond drilling program was launched at the Macquarie Project.

IncentiaPay (ASX:INP)

IncentiaPay entered into a conditional non-binding deed of novation with New Gold Coast and Suzerain Investment in which Suzerain will acquire the rights and obligations of New Gold Coast under the convertible loan deed between the company and New Gold Coast. Suzerain will also acquire the rights and obligations of New Gold Coast under the general security deed associated with the convertible loan deed.

Podium Minerals (ASX:POD)

Podium Minerals submitted a deed of company arrangement proposal to acquire all assets of EVM Nickel in exchange for a 19.5% stake in Podium, AU$1.2 million to be paid to EVM Nickel's creditors, and a 1.5% net smelter royalty on the Range Well project in Western Australia.

Great Western Exploration (ASX:GTE)

Great Western Exploration identified six targets at the Juggernaut volcanic massive sulfide mineralized system within its Yerrida North project in Western Australia.

Castillo Copper (ASX:CCZ)

Castillo Copper agreed to acquire 85% of the Harts Range project in the Northern Territory through an earn-in arrangement with Audax.