ASX Small-Cap Stocks to Watch

MT Newswires Live09-23

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

RareX (ASX:REE)

The rare earths company signed a site access agreement with mining firm AngloGold Ashanti for exploration license E39/2504, part of the Khaleesi project in Western Australia. The agreement includes the use of the Tropicana access road for exploration activities.

Namoi Cotton (ASX:NAM)

The cotton processing company said Louis Dreyfus extended the closing date of its takeover offer for the company to Sept. 27.

Neometals (ASX:NMT)

Neometals completed a maiden assessment on the potential gold endowment at its Barrambie project in Western Australia using historical data from previous explorers.

Memphasys (ASX:MEM)

The biotechnology company filed a patent for its antioxidant assay system, RoXsta, for oxidative stress assessment.

Lunnon Metals (ASX:LM8)

Lunnon Metals' chief financial officer Hayden Bartrop is resigning, effective Nov. 9. The company will not search for a successor amid efforts to cut corporate costs.

Labyrinth Resources (ASX:LRL)

Labyrinth Resources appointed Charles Hughes as chief executive, succeeding Jennifer Neild, who will become chief development officer.

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.

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