Pan Asia Metals has raised $4.5 million to advance its lithium projects in Thailand.
The placement, supported by two Thai-based institutional investors and one Australian institution, was priced at 40c per share, an 8.1% premium to the last closing price.
Viriathus Capital acted as lead manager.
Nickel producer Mallee Resources, which is being delisted from the ASX today, has raised $4.5 million in a placement.
The 42c per share offer provides the company with working capital for the ramp-up of the Avebury mine.
PNX Metals has launched a one-for-three non-renounceable rights issue to raise up to $4.4 million at 0.3c per share.
The company has already received $2.1 million of commitments, including from existing major shareholder, Germany's Delphi.
Funds raised will be used to support development at the Fountain Head and Hayes Creek projects in the Northern Territory.
Gabon-focused Apollo Minerals will undertake a one-for-five non-renounceable rights issue to raise up to $4.34 million.
Taurus Capital Group will act as lead manager with directors to subscribe to up to $700,000.
The proceeds will be used for exploration at the Kroussou zinc-lead project.
Celsius Resources has raised £2.4 million (A$4.1 million) as part of its dual listing on London's AIM.
SP Angel acted as the broker.
Gold explorer Strickland Metals has raised $4 million to continue resource expansion work at Yandal and Iroquois.
Several of the company's major shareholders cornerstoned the 3.2c per share placement.
Directors subscribed for a combined $225,000.
Siren Gold has received firm commitments from institutional, professional and sophisticated investors to raise $2.6 million at 15c per share.
Funds raised will be used to continue exploration at the high-grade Reefton and Sam's Creek Goldfields in New Zealand.
Morgans Corporate acted as lead manager.
Rare earths explorer Lanthanein Resources has placed 140 million shares at 1.8c each to raise $2.52 million.
Subscribers will be offered one free-attaching option exercisable at 3c for ever two new shares.
Inyati Capital managed the placement.
Horseshoe Metals has received firm commitments for an oversubscribed placement to raise $2 million at an issue price of 2.5c per share.
The funds raised will be used to advance the Horseshoe Lights copper-gold project in Western Australia, as well as for additional working capital.
Merchant Capital Partners was lead manager.
Paterson Resources has raised $2 million at 2.8c per share, a 3.5% discount to the five-day volume-weighted average price.
Each share comes with an option, exercisable at 5c within three years.
Great Southern Mining has received firm commitments to raise $1.71 million for gold exploration in Western Australia.
The 2.4c per share placement will be completed in two tranches.
Euroz Hartleys acted as lead manager.
Iris Metals has received a $1.5 million investment from the Electrification and Decarbonization AIE LP Fund, a fund managed by Waratah Capital Advisors.
Jett Capital Advisors acted as exclusive lead manager to the placement.
The funds raised under the placement will be used to meet the costs of re-complying with the ASX Listing Rules and the ongoing operating costs for the advancement of the South Dakota lithium project.
Mitre Mining Corporation has raised $1.19 million in a placement as part of the acquisition of Bellpark Park Minerals.
Westar Capital managed the placement.
Terrain Minerals' pre-Christmas share purchase plan has closed oversubscribed.
The company was seeking $800,000 but received applications for $1.06 million.
Finally, gold explorer Alice Queen has raised $500,000 in a private placement of 330 million shares.
Shares were priced at 0.15c each with every two new shares to come with an option, exercisable at 0.8c by December 2025.
