Investors are likely to keep an eye on the following small-cap stocks listed on the Australian Securities Exchange.
Australian Silica Quartz Group (ASX:ASQ)
Australian Silica Quartz Group said the Quartz Hill project in Queensland was put on hold as Quinbrook Infrastructure Partners elected not to proceed with funding the feasibility study due to the project's inability to meet the feedstock requirements of their proposed polysilicon manufacturing facility.
Provaris Energy (ASX:PV1)
Provaris Energy signed a memorandum of understanding with global shipping company Kawasaki Kisen Kaisha to support the commercialization of its compressed hydrogen shipping and offshore storage vessels.
Linius Technologies (ASX:LNU)
Linius Technologies launched a AU$3.3 million capital raising initiative, with a AU$1.5 million standby equity facility remaining undrawn. The company aims to achieve its target of cashflow breakeven by June 2026.
Advance Metals (ASX:AVM)
Advance Metals started diamond drilling at the Happy Valley prospect within the Myrtleford project in Victoria.
SOCO (ASX:SOC)
SOCO named Tristan Garthe as interim chief financial officer, effective July 15, to succeed Steve Parks while the company searches for a permanent CFO.