Green Critical Minerals has revised a recently announced placement, which will now raise A$1.33 million instead of the original $1.72 million.

 

The issue price was reduced from 1.3c to 1c.

 

The company has also launched a share purchase plan to raise up to an additional $2.5 million.

 

Resource Mining Corporation has raised $1 million in a placement and will launch a non-renounceable entitlement offer to raise a further $1 million.

 

Chairman Asimwe Kabunga will underwrite the entitlement offer to $500,000.

 

Proceeds will be used for nickel and lithium exploration.

 

Base metals explorer Bellavista Resources has received binding commitments to raise $1.5 million at 13c per share.

 

Canaccord Genuity was sole lead manager to the placement, with directors to participate.

 

The funds will be used to continue exploration at the Brumby project.

 

Stavely Minerals has withdrawn a $1 million SPP only nine hours after announcing it, saying the 

 

The company said the market needed to be aware of the outcomes of its ongoing exploration and it was planning to bring forward the sale of an agricultural property for additional funding.