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

Terrain Minerals (ASX:TMX)

Terrain Minerals said all board members intend to take up their rights issue allocations totaling AU$116,000 as part of its recently declared capital raising and non-renounceable rights issue offer. Two directors elected to underwrite the rights issue shortfall up to AU$115,000.

Errawarra Resources (ASX:ERW)

Errawarra Resources reported elevated portable X-ray fluorescence readings at its Elizabeth Hill project in Western Australia, with results of up to 920 grams per tonne grade of silver.

Blue Star Helium (ASX:BNL)

Blue Star Helium said the Jackson 2 L4 3154 development well at its Galactica project in Colorado flowed naturally during drilling and at total depth, with the flow rate rising to over 250,000 cubic feet per day.

Bayan Mining and Minerals (ASX:BMM)

Bayan Mining and Minerals completed a reconnaissance prospecting and geochemical sampling program at its Bayan Springs project in Nevada, confirming the presence of gold-arsenic-antimony anomalous zones and generating several targets for follow-up work.

PVW Resources (ASX:PVW)

PVW Resources confirmed the presence of significant near-surface mineralization following the drilling of 51 auger holes at Capão Bonito East Block at the Capão Bonito project in Brazil. A further 15 holes are being drilled at the West Block to test extensions of the mineralization.