Kazakhstan Potash Corp is finalising plans for an underwritten one-for-two non-renounceable pro-rata rights issue to raise around A$6.2 million.
The 0.8c per share offer will fund the completion of the Satimola acquisition and working capital.
Gold explorer Alliance Resources has announced a partially underwritten non-renounceable one-for-two rights issue to raise up to $4.95 million.
The 9.5c issue price is equal to the last closing price and a 9.2% discount to the 30-day volume-weighted average price.
Patersons Securities will underwrite the issue to $4 million.
The proceeds will be used to advance the Wilcherry project in South Australia.
Copper-zinc developer Venturex Resources has raised $3.65 million in an institutional placement at 22c per share.
Several new institutional and strategic investors will join the register.
Major shareholder Northern Star Resources will convert the remaining $1 million loan to Venturex to shares to take its stake to 19.9%.
The placement will fund Venturex through the financing and permitting phase of the Sulphur Springs project.
AustSino Resources Group has reported that a planned private placement to Guan Min Jie to raise $2.6 million has been terminated.
Guan did not advance the funds by Friday's deadline.
AustSino, which is suspended pending funding, said it would have enough cash to fund activities.
Nigeria-focused Symbol Mining will raise $2.16 million in a placement and entitlement issue.
The raising will comprise a $1.8 million placement and a $365,000 option issue, with the latter to be underwritten by lead manager CPS Capital.
Bowen Coking Coal has placed $1.7 million worth of shares to sophisticated and professional investors.
The shares were issued at 2.1c, a 5% premium to the previous price.
The proceeds will be used to fast-track work at the Isaac River project.
Cazaly Resources has completed a placement to professional and sophisticated investors to raise $750,000.
Every two new 2.5c shares issued will come with a 5c March 2021 option.
Finally, graphite explorer Metals Australia has completed a private placement to raise $630,000.
Shares will be issued at 1.8c each, with every new share to come with a 3.5c option expiring in June 2022.
Sanlam Private Wealth was lead manager and sole bookrunner.
