Iron ore developer Macarthur Minerals has raised A$7.5 million in an oversubscribed private placement.

Each 50c placement share will come with a 65c option.

MST Financial Services and EAS Advisors, through Odeon Capital Group, were joint lead managers.

Great Boulder Resources has received commitments to raise $7 million at 11c per share via a single-tranche placement lead managed by Discovery Capital Partners and Cumulus Wealth.

The raising attracted cornerstone support from funds Lion Selection Group and Commodity Discovery Fund, while major shareholders Retzos Group and Zebina Minerals also participated.

The funds will mainly be used to advance the Side Well gold project in Western Australia.

Kogi Iron has announced a A$5 million capital raising program comprising a $1.73 million placement and $3.3 million share purchase plan.

The offers are priced at 0.8c per share, with every two new shares to come with a 2c, December 2024 option.

North America-focused PolarX is raising $4.7 million, led by Peak Asset Management.

The raising comprises a $2.5 million oversubscribed placement and one-for-eight non-renounceable rights issue to raise an additional $2.2 million.

The issue price is 2.1c per share with every two placement shares to come with a free-attaching 3c option.

Canada's Australian Goldfields has closed a non-brokered private placement that raised C$3.95 million.

The company will use the proceeds to advance its projects in the Pilbara.

Cube-focused Antilles Gold has raised A$3.25 million to advance its La Demajagua project.

New shares will be issued at 6.5c each, with every two shares to come with an option, exercisable at 13c.

Silver hopeful Thomson Resources has raised $3 million via the issue of 120 convertible debt securities.

180 Markets was the lead manager.

The securities will convert at a price 20% below the preceding 15-day volume-weighted average price but no greater than 6.5c between June 2, 2022 and October 1, 2023.

Shree Minerals has received firm commitments to raise $2.95 million at 1.6c per share.

The proceeds will be used to advance projects in Tasmania, New South Wales and WA.

Western Australian explorer Desert Metals has received commitments from sophisticated and professional investors for a $2.7 million placement.

Canaccord Genuity acted as lead manager.

The proceeds of the offer will be used to accelerate nickel, copper and PGE exploration in the Narryer Terrane.

Conico is raising more than $2 million for exploration in Greenland.

The company has placed 150 million shares at 1.3c per share with one-for-two free-attaching options to raise $1.95 million, fully underwritten by Peloton Capital.

The company also placed $212,081 worth of shares.

Avenira has launched a one-for-eight pro-rata non-renounceable entitlement offer at 1.3c per share to raise $1.45 million.

Every three new shares will come with an unlisted 2.2c option expiring in 2024.

The offer is fully underwritten by shareholder and lender Au Xingao Investment.

West Africa-focused gold explorer Golden Rim Resources has withdrawn its $1 million SPP after recent share price weakness.

The company remains well-funded, having recently raised $5.3 million.

Latin Resources' largest shareholder, Jose Luis Manzano, has exercised 100 million options for $1.2 million.

The company will use the proceeds to repay debt.

Javelin Minerals has launched an SPP following a recent $1.96 million placement.

Shareholders will be able to subscribe for up to $500,000 worth of shares at 0.1c per share.

Finally, Enterprise Metals has placed 100% of the shortfall from its recent entitlement issue, raising more than $380,000.