Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Vection Technologies (ASX:VR1)
Vection Technologies received a one-off value-added tax credit of roughly $2 million, which will be used to offset employee withholding tax and other financial responsibilities. The credit is expected to be fully utilized over the next three quarters at current activity levels.
Terrain Minerals (ASX:TMX)
Terrain Minerals discovered shallow high-grade gold and silver mineralization at the Monza prospect, within its Smokebush project in Western Australia, through a new induced polarization model.
Zelira Therapeutics (ASX:ZLD)
Zelira Therapeutics secured an at-the-market facility agreement with Securities Vault, providing the company with up to AU$1 million of standby equity capital over the next 12 months.
Duketon Mining (ASX:DKM)
Duketon Mining secured a tenement at its Barlee project in Western Australia, which is prospective for gold, base metals, and lithium.
Blue Star Helium (ASX:BNL)
Blue Star Helium spudded the Jackson 29 development well at its Galactica project in Colorado. The well will target the Lyons Formation, with total depth planned within the upper Lyons gas reservoir, after casing at the base of the intermediate section.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.