ASX Small-Cap Stocks to Watch

MT Newswires Live09-16

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

Synlait Milk (NZE:SML, ASX:SM1)

Synlait Milk entered definitive documents for NZ$450 million in syndicated loans to refinance its bank debt, including a NZ$160 million working capital facility, a NZ$205 million revolving credit facility, and a NZ$75 million term loan.

Lithium company Lepidico (ASX:LPD)

Lepidico said The Secretary of State for Housing Communities and Local Government has designated the Trelavour Hard Rock project in Cornwall, UK, as a nationally significant infrastructure project.

Neometals (ASX:NMT)

Neometals said its 88%-owned entity, Recycling Industries Scandinavia AB, executed an agreement to provide funding and services to Novana, which is commercializing the company's vanadium recovery process through the development of a Finnish vanadium recovery project.

Mineral exploration and producing company CuFe (ASX:CUF)

CuFe completed its maiden reverse circulation drilling program at the North Dam project in Western Australia, testing priority targets for lithium, rare earth elements, and niobium. Results for the first batch of downhole samples are expected in October.

Hazer Group (ASX:HZR)

Hazer Group said the World Intellectual Property Organization confirmed that all claims from its international patent application, PCT/AU2023/051270, satisfy WIPO's patentability requirements. The claims relate to reactor control systems used in catalyst-based pyrolysis technologies.

Helix Resources (ASX:HLX)

Helix Resources is set to begin drill testing high-tenor copper zones within the Bijoux auger copper anomaly in late September as part of the company's target generation and testing program in central New South Wales.

Piche Resources (ASX:PR2)

Piche Resources will start a reverse circulation drilling program at its Ashburton project in Western Australia, followed by diamond drilling in late September.

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