This article is 2 years old. Images might not display.
Los Cerros has launched a non-renounceable entitlement issue to raise up to $4.3 million.
The one-for-five offer is priced at 3c per share, a 16.7% discount to the previous close.
Euroz Hartleys is acting as lead manager.
The funds will be used for exploration in Papua New Guinea.
Cobalt-turned-lithium explorer Koba Resources has secured commitments to raise $4 million to fund exploration in Canada and Western Australia.
New shares are being issued at 15c each, a 7.1% premium. Every four shares come with a free-attaching option.
Cygnet Capital was lead manager.
Group 6 Metals' previously announced share purchase plan has raised $4.5 million, well above the $3 million sought.
The funds are being used for the construction of the Dolphin tungsten mine on King Island.
Norwest Minerals has launched a $2.2 million entitlement offer to accelerate drilling at the Arunta West rare earths and Bali copper-gold projects.
The one-for-four offer is priced at 4c per share and will include one option for every two new shares.
Brazil-focused Aguia Resources has closed a $1.5 million private placement at 4.5c per share.
The proceeds will be used for the construction of the Organic phosphate mine.
Rimfire Pacific Mining has raised $1.2 million via a placement for New South Wales copper and cobalt projects.
The 0.6c per share placement is being conducted in two tranches.
Canada-focused gold explorer Auteco Minerals has received $390,000 from the exercise of options.
OZZ Resources has raised $350,000 from the placement of the shortfall of its recent entitlement offer.
Finally, further to Nimy Resources' $3.2 million raising last week, the company has completed an additional placement of $133,519.
