AIM-listed Alien Metals has raised £4 million via a placement at 0.85p per share.

The net proceeds of the offer will be applied to the phase three infill and extensional drilling on the Hancock iron ore project, permitting and infrastructure planning to move the Hancock project towards mining; and exploration at Elizabeth Hill, Munni Munni North and Brockman projects in Western Australia and projects in Mexico.

Siren Gold has received firm commitments from institutional, professional and sophisticated investors for a A$4 million placement.

The company will issue up to 11.4 million shares at 35c per share, a premium to the previous close of 34c.

Morgans Corporate was lead manager.

The funds will be used to fund drilling at Alexander River and Big River and undertake a processing plant scoping study.

Santana Minerals has received firm commitments to raise $4 million via the issue of 18.6 million shares at 21.5c per share.

Bell Potter Securities was lead manager.

The funds will be used to advance the Bendigo-Ophir gold project.

New gold producer Resources & Energy Group has raised $2.5 million in a placement to professional investors.

The proceeds will be used for exploration programs at Gigante Grande and Mount Mackenzie.

Meteoric Resources is raising up to $2.7 million for studies at the Jurena and Butchers Creek gold projects.

The raising comprises a $1.7 million placement and $1 million share purchase plan, underwritten by CPS Capital Group.

The issue price for both is 1.7c, an 11.8% discount to the last close, and will include one-for-five 2.4c options.

Raiden Resources has raised $2.5 million via an oversubscribed placement managed by CPS Capital and Morpheus Corporate.

The issue price of 2c was a 22% discount to the 15-day volume-weighted average price and every 2.5 shares will receive a 4c, three-year option.

The placement fully funds drilling at Arrow and Vuzel.

Gold explorer Emu has placed 83.3 million shares at 2.5c each to raise $2 million.

Participants will also receive two free 7.5c March 2023 options for every five shares.

Empire Resources is seeking to raise up to $1.55 million via a pro-rata, non-renounceable rights offer.

Shares will be offered at 1.2c each on a one-for-seven basis, with a 1.6c free-attaching option to be issued for every two shares.

The minimum subscription is $550,000 with Panthea Capital appointed to place any shortfall.

Gold explorer Cannindah Resources has placed $1.5 million worth of shares to major shareholder Paul Weel.

The issue price of 31c was a premium to the last closing price of 27c.

Ora Gold has launched an entitlement offer to raise up to $1.4 million for the Garden Gully project.

The one-for-six offer is priced at 1c per share, a 33.3% discount to the last close.

Directors will participate, subject to shareholder approval.

Shareholders in Critical Resources have exercised 100% of the company's October 31 options, raising $800,000.

The funds will be used for drilling at the Halls Peak base metals project and for the acquisition of the Mavis Lake lithium project.

After completing a placement, Pacific Nickel Mines has launched a share purchase plan to raise up to $500,000.

The proceeds will be used to advance the Kolosori nickel project in the Solomon Islands.

Finally, Red Dirt Metals has received $132,468 from the exercise of unlisted options.