A share purchase plan by Dacian Gold that was seeking up to A$5 million has raised $3.7 million.

The SPP was undertaken in conjunction with a $40 million underwritten placement.

Trigg Mining's $3.2 million renounceable rights issue has closed oversubscribed.

The company has launched a top-up placement of $250,000 to accommodate the excess demand.

The funds will be used to advance the Lake Throssell potash project in Western Australia.

Gold explorer Metalicity has raised $3 million in a strongly supported placement priced at 1c per share.

Canaccord Genuity was lead manager.

The funds will be used to advance the Kookynie project.

Athena Resources is aiming to raise funds in order to recapitalise and be reinstated to ASX trading.

The company is proposing a $304,000 placement and $2.88 million one-for-one rights issue.

CPS Capital is lead manager and will underwrite the rights issue.

The issue price for both is 0.8c.

Admiralty Resources has raised $2.6 million to fund its participation in an iron ore joint venture with Hainan Xinlei Mining Management Co.

The placement was priced at 1.8c per share, a 14.3% discount to the last closing price.

Kogi Iron has raised just $157,620 in its rights issue. The offer was seeking up to $3.8 million.

Finally, Scorpion Minerals has raised $100,000 from the conversion of unlisted options.