Unico Silver (formerly E2 Metals) has received commitments for an oversubscribed $5 million placement at 13.5c per share, a 20% discount to the previous trading price.

The company plans to launch a share purchase plan at the same price to raise up to $1 million.

Unico is now funded to advance its Cerro Leon silver-gold project.

Whistler Wealth Management acted as lead manager.

Alaska-focused explorer Felix Gold has received commitments to raise $2.8 million, above its target of $2.5 million.

The issue price of 9.5c per share was a 5.3% premium to the last closing price, with every two shares to come with an option.

Major shareholder Mine Discovery Fund cornerstoned the raising.

Mindax has raised $2.5 million via the placement of 50 million shares at 5c per share.

The funds are for working capital.

Manuka Resources has raised $2.4 million in a private placement in two tranches.

The issue price of 6.13c represented no discount but subscribers received one free option for every two new shares.

The company will use the funds for its transition to a gold producer.

GBA Capital has increased its underwriting commitment for Aurumin's previously announced $3 million entitlement offer from $1.24 million to $2.2 million.

The price of the issue has been reduced from 4c per share to 3c per share.

Mantle Minerals has received commitments to raise $1.7 million to fund Pilbara gold exploration.

The company will issue 801.8 million shares at 0.2c each as well as one option, exercisable at 0.25c, for every two new shares issued.

Diamond developer Newfield Resources has agreed to issue 10 unlisted, unsecured bearer bonds with a face value of US$1 million to a subsidiary of major shareholder Deutsche Balaton.

The funds will be used to advance the Tongo mine into production.

Toronto-listed, Perth-based Altan Nevada Minerals has arranged a non-brokered private placement to raise C$1 million.

The funds will be used for working capital.

Gold explorer Great Southern Mining has received commitments to raise $1 million.

Sophisticated and professional investors have agreed to subscribe for $597,000, while, subject to shareholder approval, directors will subscribe for $403,000.

Junior gold miner Kaiser Reef has raised $900,000 in a placement to a strategic investor.

The funds will support the expansion of the A1 mine.

Krakatoa Resources has raised $560,000 via Shaw and Partners for rare earths exploration.

The 3c per share placement was supported by the company's two major shareholders.

Finally, DeSoto Resources is seeking to raise up to $444,750 via a pro-rata non-renounceable entitlement offer of one loyalty option for every two shares held.