Battery metals explorer Greenwing Resources has announced a $6.15 million raising.

The offer comprises a $4.63 million placement to professional and sophisticated investors, and a $1.52 million conditional placement.

The issue price is 24c per share, a 22.6% discount to the last closing price.

Bizzell Capital Partners and Morgans Corporate were joint lead managers.

Volt Resources has completed a share placement to raise $5.75 million to fast-track its plans to supply battery anode material to European manufacturers.

The company initially sought $4 million but upsized the 2.5c offer due to strong demand.

Volt chairman Asimwe Kabunga will subscribe for $700,000 of shares, subject to shareholder approval.

Peak Asset Management was lead manager.

Mexico-focused Mithril Resources has raised $3.3 million at 1.5c per share, a 12% discount to the last closing price.

Morgans Corporate and Taylor Collison were joint lead managers.

The funds will allow the company to continue drilling while completing a maiden resource for the Copalquin gold and silver project in Mexico.

Pacific American Holdings has lodged a prospectus to raise up to $2.5 million via a one-for-two rights issue at 1.6c per share.

The proceeds will be used for gold exploration in North America.

Barra Resources has received firm commitments to raise $2.15 million at 1.7c per share for the Burbanks gold project.

Directors and management plan to contribute $220,000 in placement funds, subject to approval.

WA explorer Golden Mile Resources has completed a capital raising of $1.6 million to fund drilling at the Yarrambee base metals project.

The issue price was 5c per share, with every four shares to come with a 10c option.

Sanlam Private Wealth was lead manager.

Explorer Aruma Resources has completed an oversubscribed placement of 20 million shares at 7.8c each to raise $1.56 million.

Rawson Lewis was lead manager, with existing shareholder Stephen Copulos to participate.

The funds will be used for lithium and gold drilling.

Queensland-focused Superior Resources has received firm commitments to raise $1.25 million in an oversubscribed placement at 1.05c per share.

The funds will be applied to the Steam Engine gold project.

Cauldron Energy has received commitments for a $1.2 million placement managed by 180 Markets.

Applications were received for more than $2.7 million.

The 3.4c placement will include a 5c option on a two-for-one basis.

Reedy Lagoon Corporation has received firm commitments to raise $1.1 million at 1.6c.

The placement was managed by 180 Markets.

RLC will use the cash to advance lithium and gold projects.

Strategic Energy Resources has launched a placement to raise $880,000 at 4.4c per share.

Fresh Equities assisted with the placement, which was made to existing shareholders.