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

Sarama Resources (ASX:SRR)

Sarama Resources closed the first tranche of its AU$2 million equity placement issuing about 66.7 million Chess Depository Instruments at AU$0.03 apiece. The second tranche will consist of roughly 16.7 million free attaching unlisted options and 14 million broker options, each exercisable at AU$0.09 and expiring on Nov. 30, 2028.

Strata Minerals (ASX:SMX)

Strata Minerals engaged GEM Geophysics to conduct up to two fixed-loop electromagnetic surveys over priority gold target areas at its Penny South project in Western Australia.

Nordic Nickel (ASX:NNL)

Nordic Nickel found geochemical targets at the Pulju project area in Finland through newly acquired regional datasets covering surface exploration assay results.

Castillo Copper (ASX:CCZ)

Castillo Copper confirmed that Infinity Mining (ASX:IMI) shareholders approved the Cangai copper mine acquisition at a general meeting on Nov. 28, and a binding tenement sale agreement was executed between the companies. Infinity Mining will issue the company 40 million shares and 20 million options as consideration.

Coppermoly (ASX:COY)

Coppermoly named Quinn Lee as chairperson, effective Dec. 1.