European Metals has secured a €6 million investment from the European Bank for Reconstruction and Development (EBRD) for its Cinovec lithium project in the Czech Republic.
EBRD will hold about 6% of the company's shares.
The investment will allow the company to continue pre-development work.
Sandstone gold explorer Alto Metals has raised $5 million for ongoing exploration.
Lion Selection Group invested $1 million in the placement.
Taylor Collison acted as lead manager and bookrunner to the 5.2c per share placement.
North America-focused explorer PolarX has raised $1.55 million via a placement to new and existing shareholders, including major holder Northern Star Resources.
The company will also launch a one-for-six non-renounceable rights issue to raise up to an additional $2.74 million.
The issue price for both offerings is 1.1c per share.
Magnetite producer Elmore has launched a share purchase plan to raise up to $3 million.
Shareholders can subscribe for one 0.75c share and will receive one unlisted option for every 10 new shares.
The funds will be used for development of the Peko mine and working capital.
Sierra Nevada Gold has launched for five-for-eight non-renounceable rights offer to raise up to $2.8 million, managed by Foster Stockbroking.
New CHESS depositary interests will be issued at 8c each, a 23% discount.
Funds raised will be used for exploration and project costs.
Greenstone Resources has raised $1.7 million in a placement to professional and sophisticated investors and will seek a further $250,000 via a share purchase plan.
Subscribers to the 1.3c per share placement will receive a one-for-two option, exercisable at 2.5c within 24 months.
The cash is being raised to fund phase two drilling at the Burbanks gold project in Western Australia.
Gold and lithium explorer Kalamazoo Resources has raised $1.5 million at 13c per share, a 13% discount.
BW Equities acted as lead manager.
Lycaon Resources has received firm commitments to raise $1.5 million via a placement of 6 million shares at 25c each.
Proceeds will be used to drill the Bow River nickel and Stansmore rare earths projects.
Inyati Capital acted as lead manager.
Toronto-listed, Australia-focused Inflection Resources has launched a non-brokered private placement to raise C$1.5 million.
The funds will be used for exploration in New South Wales and Queensland.
Suspended junior Comet Resources is seeking to raise up to $1.5 million via secured convertible loans to support the reinstatement of its shares to ASX trading.
International Graphite will contribute $250,000.
If successful, Comet will also launch an entitlement offer to be managed by CPS Capital Group.
Metal Hawk has received firm commitments to raise $1.2 million at 11c per share, a 15.4% discount.
Bell Potter Securities acted as lead manager.
The funds will be used to fund exploration at the Yarmany and Fraser South projects in WA.
Gladiator Resources has completed a private placement to raise $794,000 for uranium exploration in Tanzania.
The issue price was 1.3c per share with each share coming with a 2c option, expiring in mid-2025.
Finally, Botswana-focused Mount Burgess Mining has raised $530,000 in a placement at 0.4c per share, a 20% discount.
GBA Capital managed the placement, with funds to be used for metallurgical test work on gallium and germanium.
