Argentine-focused lithium company Lake Resources has issued $1.65 million worth of unsecured convertible securities to a New York-based investor to allow the completion of the Kachi prefeasibility study.
Lake has the option to increase the size of the facility up to $5 million.
Amvest Capital (acting through Mann Mann Jensen Partners) served as North American placement agent to the financing.
Ausgold has received binding commitments to raise $1.8 million via the issue of 90 million shares at 2c each.
The proceeds will be used to advance the Katanning gold project.
Papua New Guinea-focused Gold Mountain has completed a placement to raise $1.3 million.
Every two 6.5c shares came with two free 10c and 15c options, expiring in 2020 and 2021 respectively.
Graphite player Kibaran Resources will raise $1.1 million at 10c per share, an 8% discount to the five-day volume-weighted average price.
The company's largest shareholders supported the placement, with the proceeds to be used to secure debt finance for the Epanko project and to finalise plans for a battery graphite facility in Asia.
New Age Exploration has received firm commitments from clients of lead manager CPS Capital to raise $940,500.
The placement will fund development, new opportunities and working capital.
Lithium explorer BMG Resources has closed a $672,680 placement, bringing the total amount raised in the past few months to more than $1.6 million.
The company's upcoming work program in Chile is now fully funded.
Eastern Goldfields explorer Aruma Resources is raising up to $541,200 via the issue of 90.2 million shares at 0.6c.
The company has received $455,200 with firm commitments for a further $86,000.
Directors have committed to $105,000 worth of shares on the same terms, subject to shareholder approval.
Finally, Enterprise Metals has announced a share purchase plan at 1c per share to raise up to $500,000.
Funds will be directed to the Murchison project in WA.