Kingsland Resources has secured commitments to raise $3.6 million at 32c to explore its flagship Leliyn graphite project in the Northern Territory.
Discovery Capital Partners acted as manager and bookrunner for the placement, which was supported by Bacchus Resources to maintain its 11.2% interest.
Barton Gold has secured binding commitments to raise $3.5 million at 25c, a 5.6% discount, to accelerate stage one resource definition at Tarcoola and Tunkillia.
The placement, managed by Cumulus Wealth, initially sought $3 million but was oversubscribed.
Institutional supporters included Ixios Asset Management, Mercer Street Capital Partners, Collins St Asset Management and Ballingal Investment Advisors.
The company will seek to raise up to an additional $1 million at the same price in a share purchase plan.
Vanadium and oil shale hopeful QEM has completed an oversubscribed $2.72 million placement at 17c per share to advance work on its Julia Creek project in Queensland, including development of a pilot plant.
Non-executive director and major shareholder David Fitch will subscribe for $765,000 to maintain his 28% shareholding.
Viriathus Capital acted as lead manager.
Belararox has announced a placement to raise $2.5 million for exploration in Argentina, Western Australia and New South Wales.
Funds were raised at 33c per share, a 16.5% discount, with every two shares to come with an option, exercisable at 66c within three years.
PAC Partners was lead manager.
Green Technology Metals has deposited $2.5 million into the accounts of gold explorer Ardiden as part of the deferred consideration for the sale of its Canadian lithium projects.
The payment was triggered by resources exceeding 20 million tonnes.
Explorer Miramar Resources has raised $2 million via a placement and rights issue priced at 3c, primarily for exploration at its 100%-owned Whaleshark and Bangemall projects in the Ashburton and Gascoyne regions of Western Australia.
Westar Capital was lead manager.
Nickel explorer Golden Mile Resources has raised $1.89 million via the issue of 42.9 million shares priced at 4.4c each.
The placement attracted support from new cornerstone shareholder investor Rajiv Ramnarayan of Equentia Natural Resources.
Sanlam Private Wealth acted as lead manager.
Noronex has raised $1.76 million at 1.4c through an underwritten non-renounceable entitlement issue and placement to support drilling at its Kalahari copper belt projects in Namibia, including its new Fiesta tenements.
Cumulus Wealth was lead manager and priority sub-underwriter.
Suvo Strategic Minerals has received firm commitments for an oversubscribed placement to raise $1.6 million at 2.3c per share.
PAC Partners was the lead manager.
The funds are for working capital as the company looks to increase its sales of hydrous kaolin in the Asia Pacific.
Coppermoly has completed a placement with Hongkong Ausino Investment to raise $845,920 at 0.8c who support exploration around Mt Isa, Queensland, for copper and gold.
Hongkong Ausino is controlled by Perth-based geologist Dr Fu Minlu, who will become a 19.95% shareholder.
Private explorer Margosa Graphite is seeking to raise $745,649 via a rights issue to fund its work on its Sri Lankan crystalline vein graphite projects, including its flagship Pathakada project.
