Lithium developer Lepidico has launched a one-for-nine renounceable rights issue to raise up to $3.6 million.
The issue is priced at 0.7c per share, a 36% discount to the 10-day volume-weighted average price, with a free 2c option to come with every two new shares.
Lead manager Mahe Capital will underwrite the offer to $1.5 million.
US institutional investor Specialty Materials Investments has agreed to invest an initial $2 million in Altech Chemicals.
Subject to shareholder approval, SMI will invest an additional $981,000 in three monthly payments, which will fund Altech's European initiatives.
Mexico producer Consolidated Zinc has unveiled a revised entitlement issue to raise $1.7 million after the previous one was withdrawn.
Shareholders can subscribe for one new 0.3c share for every three held, down from the previous price of 0.5c, with each new share to come with a free 0.6c option.
Pinnacle Corporate Finance is lead manager and underwriter.
Ecuador explorer Sunstone Metals has raised $1.73 million in a 0.5c per share placement lead managed by Morgans.
The company will also launch a share purchase plan at the same price.
Infinity Lithium Corporation has completed a placement to sophisticated investors to raise $935,000.
The company said it was seeking less, but accepted oversubscriptions for the 3.5c per share offer.
The funds will be used to advance the San Jose lithium project.
Theta Gold Mines has raised $930,000 in a placement to fund work on its South African projects.
Every two new 20c shares issued will come with one 30c option and one 40c option, exercisable in October 2020, and April 22, respectively.
Moho Resources has raised $797,316 in a fully subscribed placement at 6.5c per share, a 22% discount to the previous close.
RM Capital was lead manager to the raising, which will fund exploration.
Brazil-focused Aguia Resources has raised $730,250 in a private placement.
Every 8c share issued in the placement will come with a free 2022 16c option.
Toronto-listed, Australia-focused Lithoquest Diamonds has completed a non-brokered private placement to raise $250,000.
Finally, troubled junior Accelerate Resources has launched a one-for-three rights issue at A1.2c to raise up to $238,100.
