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

Reward Minerals (ASX:RWD)

Reward Minerals subsidiary Holocene applied for a new exploration license prospective for gypsum. The application area includes historic mining tenement areas where auger drilling, costeaning and test pitting by multiple explorers defined "substantial" gypsum deposits.

Western Mines Group (ASX:WMG)

Western Mines Group completed the first mineral resource estimate for the shallow disseminated nickel sulfide mineralization at the Mulga Tank project in Western Australia.

Miramar Resources (ASX:M2R)

Miramar Resources secured a drill rig for gold exploration expected to start next week at the Gidji joint venture project in Western Australia.

Gold Mountain (ASX:GMN)

Gold Mountain launched a one-for-three pro rata accelerated renounceable entitlement offer, offering retail rights trading of new shares at a price of AU$0.002 apiece. The offer aims to raise up to AU$3.1 million, with one attaching option for every new share issued.

Argent BioPharma (ASX:RGT)

Argent BioPharma's cannabinoid-based therapy for refractory epilepsy, CannEpil, received approval for prescription in Germany under a special access scheme.