A multi-use tool of small form factor such as can be used for at least clipping an object, clipping to an object, retaining another object. Additional embodiments can include magnetic mounting and/or task lighting. A plurality of such tools could be used for trail marking by using a plurality clipped, mounted, or even dropped along a path. The multi-use tool with a light source can include illumination or trail marking plus different mounting features. One is a clamp. Another is a magnetic mount. All these features can be integrated into a single disposable assembly.