Amani Gold has issued convertible notes with a face value of A$2.1 million to Hong Kong investor Neo Gold.

Neo has also committed to subscribe for $3 million worth of shares.

The company will use the funds to advance the Giro gold project in the Democratic Republic of Congo.

Technology Metals Australia has received commitments to place $2.1 million worth of shares.

The 11c issue price is equal to the last share price.

Directors will seek approval to participate in the placement, which will fund work at the Gabanintha vanadium project.

Malawi-focused Sovereign Metals has secured commitments from institutions to raise $2 million.

Affiliates of the Sprott Group participated in the placement.

The proceeds will be used for rutile exploration.

Artemis Resources has completed a placement to raise $2 million at 2.5c per share, a 10% discount to the five-day volume-weighted average price of shares.

The funds will be used to define drill targets at the Patersons Central gold project, adjacent to the Havieron discovery in Western Australia.

Krakatoa Resources has received firm commitments to raise $1.3 million in a placement to professional and sophisticated investors.

The company had to scale back interest in the 3c offer to its full placement capacity.

The funds will be used to advance the Belgravia project in New South Wales.

Syndicated Metals has raised $700,000 at half a cent to advance Western Australian gold exploration.

The raising comprised a $600,000 placement to new and existing sophisticated and professional investors, and an additional $100,000 to new directors Brad Drabsch and Toby Wellman.

Finally, Blina Minerals is undertaking a placement to raise up to $247,500 for exploration and administration costs.