ASX Small-Cap Stocks to Watch

MT Newswires Live
01-06

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

Advance Metals (ASX:AVM)

Advance Metals entered into an agreement with Serra Energy Metals to acquire an 80% interest in the Myrtleford and Beaufort projects in Victoria through a joint venture. The company also signed an agreement with Sailfish Royalty to acquire a 100% stake in the Gavilanes project in Mexico.

PVW Resources (ASX:PVW)

PVW Resources said George Bauk resigned as non-executive chairman of the company, following his acceptance of a new executive role.

Kula Gold (ASX:KGD)

Kula Gold will undertake a non-renounceable pro-rata entitlement offer to eligible shareholders on the basis of one share for every two shares held at a price of AU$0.005 apiece to raise roughly AU$1.6 million.

Solstice Minerals (ASX:SLS)

Solstice Minerals said recent reverse circulation drilling at the Bluetooth gold prospect in the Yarri project in Western Australia yielded "strong" gold intercepts along a 700-meter strike, including 36 meters at 1.6 grams per tonne of gold from 20 meters.

Provaris Energy (ASX:PV1)

Provaris Energy, Uniper Global Commodities, and Norwegian Hydrogen signed a conditional term sheet for the supply, transport, and offtake of renewable fuel of non-biological origin-compliant hydrogen. The term sheet will serve as the basis for negotiating a binding hydrogen sale and purchase agreement expected in June.

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