Menzies gold explorer Kingwest Resources has received firm commitments from professional and sophisticated investors, as well as major shareholder Horizon Minerals, to raise $3 million.

Subscribers to the 8c per share offer will receive a 15c option for every two new shares issued.

Peloton Capital was lead manager.

Willem Middelkoop's Commodity Discovery Fund has subscribed for $1 million worth of shares in Antipa Minerals.

Antipa now has more than $31 million in cash.

3D Resources has received firm commitments to raise $1.3 million at half a cent per share, with every two shares to come with a free 4.2c option.

The funds will be used to explore the Adelong gold project in New South Wales.

Toronto-listed International Prospect Ventures has increased the size of its previously announced non-brokered private placement from C$600,000 to $800,000 due to demand.

The proceeds will be used for gold exploration in the Pilbara.

Red Mountain Mining has received firm commitments to raise A$800,000 via the issue of unsecured convertible notes with a face value of $1.

A one-for-three free-attaching option will be issued with an exercise price of 1.1c.

Fresh from raising $3.2 million in an oversubscribed renounceable rights issue, Antilles Gold has launched a $550,000 top-up placement to accommodate some of the excess demand.

Mahe Capital acted as lead manager with the proceeds to be used to advance projects in Cuba.