Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
NewPeak Metals (ASX:NPM)
NewPeak Metals entered into a binding term sheet with AusVan Battery Metals and all shareholders to acquire all of the shares in AusVan for AU$5 million worth of NewPeak shares priced at AU$0.0165 apiece.
Terrain Minerals (ASX:TMX)
Terrain Minerals said a metallurgical study is being conducted at its Larin's Lane Gallium project in Western Australia, led by geological consulting group RSC. Final results will be available by mid-2025.
Minerals 260 (ASX:MI6)
Minerals 260 named Tim Goyder chairman, effective Thursday, succeeding Anthony Cipriano. Also, Jamie Armes was appointed chief financial officer, effective Jan. 1, 2025, succeeding Curtis Abbott.
Everest Metals (ASX:EMC)
Everest Metals started the processing of gold-mineralized material at its Revere gold project in Western Australia. Over 8,000 tonnes of material has been stockpiled and is ready for further processing.
Aumake (ASX:AUK)
The online platform completed its first trial shipments under the procurement framework with the Yangtze River New Silk Road International Logistics (Hubei) Group. The shipments of grain-fed beef pieces and baby formula are valued at AU$225,500 and AU$150,000, respectively.
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