Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Rare Foods Australia (ASX:RFA)
Rare Foods Australia engaged Toni Angelevski of Acnode Corporate to perform chief financial officer duties, effective Monday, following the resignation of Brent Stockden.
Blue Star Helium (ASX:BNL)
Blue Star Helium drilled the Jackson 31 SENW 3054 development well at its Galactica project in Colorado to its final total depth, with gas confirmed by wireline logs.
Mt Malcolm Mines (ASX:M2M)
Mt Malcolm Mines reported "significant" gold recoveries from its Golden Crown bulk sampling program in Western Australia, with gravity processing results confirming the high-grade nature of the mineralization, indicating potential for near-term production.
Adavale Resources (ASX:ADD)
Adavale Resources started a grid-based soil geochemistry program and further rock chip sampling at its Ashes and Myalls prospects site in New South Wales, focusing on residual soils and outcrop.
Summit Minerals (ASX:SUM)
Chief Executive Matthew Cobb will visit Summit Minerals' Brazilian assets, focusing on the Equador, Barra, and Juazerinho projects to evaluate and implement a program of work for 2025.