Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Maggie Beer (ASX:MBH)
Maggie Beer is set to raise up to AU$2.3 million through a pro-rata non-renounceable entitlement offer of one fully paid share for every 10 existing fully paid shares at AU$0.056 apiece. Proceeds will be used for general working capital purposes.
Prodigy Gold (ASX:PRX)
Prodigy Gold received "encouraging" final results from the Tregony reverse circulation drilling program at the Tanami project in the Northern Territory. Results included 7 meters at 14 grams per tonne grade of gold from 58 meters.
Cyclone Metals (ASX:CLE)
Cyclone Metals named current non-executive director David Sanders as chair.
Pivotal Metals (ASX:PVT)
Pivotal Metals identified a new copper-gold exploration area at the Lorraine project, within its Belleterre project portfolio in Canada.
Venus Metals (ASX:VMC)
Venus Metals said QGold made an on-market takeover bid for all of the company's shares at AU$0.17 apiece.