Canada-listed Inflection Resources has raised C$4.43 million, above the $3 million targeted due to strong demand from existing shareholders, including RCF Opportunities Fund, as well as from new investors, including Crescat Capital.
Proceeds from the offering will be used for further drilling on the Company's exploration projects in Northern New South Wales, the Carron Project in Queensland and for general working capital.
Nickel explorer Boadicea Resources has launched a one-for-five pro-rata renounceable rights issue to raise $2.98 million.
Peak Asset Management is lead manager, corporate advisor and underwriter.
The issue is priced at 24c per share, a 34.2% discount to the last traded price, with every share to come with a new three-year 42c option.
Alice Queen has raised $1.8 million at 1.3c per share for exploration in Queensland, New South Wales and Fiji.
The offer, which includes a one-for-two 3c unlisted option, was strongly supported by major shareholder Datt Capital.
Pacific Nickel Mines has launched a non-renounceable entitlement issue of options to raise $859,580.
Shareholders will be able to subscribe for one 1.2c option for every three shares held, with options exercisable at 9c until June 2024.
The offer is fully underwritten by Bridge Street Capital Partners.
Finally, PepinNini Minerals has placed 1.4 million shares at 23c each to raise $322,000 for lithium projects in Argentina.
