Dual-listed uranium play Laramide Resources has raised C$5.1 million from the exercise of options.

The company now has more than $10 million cash to fully fund 2023 exploration and development.

Dundas Minerals has established a A$4 million at-call funding facility with Alpha Investment Partners.

Use of the four-year facility is at the discretion of Dundas.

Cobre's share purchase plan has closed this week, heavily oversubscribed.

The SPP was seeking $1 million but the company received valid applications for $2.9 million.

The board has resolved to accept the oversubscription to fund drilling in the Kalahari Copper Belt.

Cyclone Metals has received firm commitments from institutional and sophisticated investors to raise $1.35 million at 0.25c per share as part of the acquisition of the Block 103 magnetite project.

Barclay Wells acted as lead manager.

Gold explorer Horizon Minerals has raised $1.3 million via the divestment of its stake in Kingwest Resources.

The proceeds will be used for the 2023 exploration program.

Mongolia-focused Xanadu Mines has received firm commitments for a placement of 41.9 million shares at 2.7c each to raise $1.1 million.

The placement provides working capital during the final approvals stage of a strategic partnership with China's Zijin Mining, which will go to a shareholder vote next month.

Bell Potter Securities acted as lead manager to the placement.

Magmatic Resources has raised $720,000 via the placement of shortfall shares from a late 2022 plaement.

The cash will be used for exploration at the Myall project in New South Wales.

Tasman Resources has launched a one-for-eight non-renounceable pro-rata rights offer to raise up to $671,152.

Proceeds will be used for working capital.

Finally, silver explorer Investigator Resources is conducting a non-renounceable entitlement issue of loyalty options.

The issue will raise up to $224,227. If the maximum number of options are exercised, it would raise $22.8 million.