Vimy Resources has raised $5.5 million via a placement to institutional and sophisticated investors to fund uranium work.

The company will issue 152.8 million shares at 3.6c each, representing about 24.9% of the shares on issue.

KG Capital Partners was lead manager and bookrunner.

Copper-zinc developer Venturex Resources has received binding commitments for a placement to raise $2.5 million and will undertake a share purchase plan to raise up to a further $1.5 million.

Hartleys acted as lead manager and bookrunner to the placement.

Both offers are priced at 5.5c per share, with every two new shares to come with a 10c option.

The proceeds will be used for a drilling program to follow up 2019 VMS results.

Gold explorer Yandal Resources is seeking to raise up to $3.3 million via a one-for-five pro-rata non-renounceable rights offer priced at 25c per share.

Panthea Capital Partners is lead manager.

The raising will allow Yandal to accelerate exploration at the Gordon's and Mt McClure projects.

Amani Gold is considering its funding options after Neo Gold failed to advance the $3 million it previously committed to invest.

The company said it wouldn't rule out legal action.

Toronto-listed BlueBird Battery Metals has arranged a private placement to raise C$2.5 million.

The funds will be used for exploration at the Canegrass nickel project in Western Australia.

Coda Minerals has lodged a prospectus for a one-for-one non-renounceable entitlement offer to raise up to $2.15 million for South Australian exploration.

CPS Capital is lead manager to the 10c per share offer.

WA gold explorer Nelson Resources has launched a one-for-one renounceable rights issue to raise up to $2 million.

The issue is priced at 3.8c per share, a 17% discount to the 30-day volume-weighted average price, with every two shares to come with an 8c option.

Lead manager Mahe Capital will underwrite the offer to $600,000.

Mindax has launched a two-for-five non-renounceable entitlement offer to raise $2.08 million.

The issue price is half a cent per share, with proceeds to be used to assess the Mt Forrest iron project and Meekatharra gold project.

Anova Metals has agreed with Au Xingao Investment to lift the price of a previously agreed placement from 1c to 1.7c and increase the quantum raised from $1.8 million to $3.1 million.

The funds will be used to advance the Big Springs gold project.

Bryah Resources has received firm commitments to raise up to $1.55 million in a placement at 5c per share.

Hartleys is lead manager, with the funds to be used to explore for copper and gold in the Bryah Basin.

First Au has raised $747,000 at 1c per share and will launch an SPP to raise up to a further $280,000.

The bulk of the cash will be used to explore the Gimlet project in WA, as well costs associated with the recent acquisition of Victorian Goldfields.

Thomson Resources has launched a one-for-two non-renounceable entitlement offer at 1.5c per share to raise $890,000.

The offer is fully underwritten by Pulse Markets, with Merchant Capital Partners and certain directors to sub-underwrite.

Davenport Resources has launched an SPP to raise $700,000 for its European potash portfolio.

Junior producer Consolidated Zinc has placed 190 million shares at 0.3c per share to raise $570,000 to purchase equipment for its Plomosas mine in Mexico.

Broken Hill Prospecting has raised $496,500 to advance its La Paz rare earth project.

BMG Resources has finalised a placement to raise $172,670 at 0.2c per share for working capital.

Finally, Scorpion Minerals has received commitments to raise $137,400 to sophisticated and professional investors.