Todd River Resources is raising up to $4 million for exploration in Western Australia and the Northern Territory.

The placement of 136 million shares will be made in two tranches at 3c per share, a 20% discount to the 10-day volume-weighted average price, while every two shares will come with a two-year, 6c option.

Managing director Will Dix and director Ian Murray will subscribe for about 2.5 million shares between them, subject to shareholder approval.

Hartleys was lead manager to the offer.

Aus Tin Mining is seeking to raise up to $3.05 million in new cash and the conversion of debt.

The company has launched a pro-rata non-renounceable entitlement offer of up to 3.05 billion shares at 0.1c each.

Cobalt hopeful Conico is aiming to raise over $2.8 million via an $807,236 placement and $2.06 million rights issue.

The offers are fully underwritten by RM Corporate Finance, a company associated with Conico directors Guy Le Page and James Richardson.

Metals Australia has completed a $1.8 million placement at 0.187c per share to accelerate work at its Lac Rainy graphite project and Eade gold project.

The placement was lead managed by Sanlam Private Wealth, with all participants to receive a one-for-one 0.35c option.

Spain-focused Black Dragon Gold has completed a placement to raise $1.5 million at 7c per CHESS depositary interest.

The company will use the funds to progress the Salave gold project.

Cygnus Gold has received commitments from sophisticated and professional investors to raise $1.2 million at 13c per share, a 24% discount to the 15-day VWAP.

Funds from the private placement will be used for gold exploration in WA's Southwest.

Gibb River Diamonds has launched a share purchase plan at 5c per share to raise up to $600,000.

The proceeds will be used to drill the Edjudina gold project.

Gold explorer Gladiator Resources has received firm allocations to place 326 million shares at 0.125c each to raise $407,500 in two tranches.

Triton Minerals is raising $340,337 via a placement of options, to be underwritten by Lazarus Corporate Finance.

Athena Resources has placed $260,000 worth of shares to Hong Kong company Goldway Mega Trade.

Finally, PepinNini Lithium has placed 165 million shares at 0.1c each to raise $165,000.