Greenland-focused Conico has raised more than A$4 million in a placement and has launched a rights issue to raise just under $3 million.

Shares will be issued at 6c each, with every two shares to come with a 10c option.

RM Corporate Finance is acting as lead manager to the placement and is underwriting the rights issue.

Tungsten hopeful EQ Resources has raised $6 million via the issuance of two-year convertible notes.

The notes have a conversion rate of 6.5c, a 45% premium to the last closing price.

The proceeds will be used to advance the Mt Carbine tungsten mine.

Eastern Iron is raising $3.57 million for lithium projects.

The company will place $1.05 million worth of shares with new strategic partner Ya Hua International Investment and Development Co and raise a further $2.52 million in a placement to sophisticated and professional investors.

Both issues were completed at 2.3c per share with 1.2c options issued on a one-for-five basis.

Resolution Minerals has announced a $3.2 million raising to advance its 64North and Benmara projects.

The 2c per share issue comprises a $1.7 million placement and $1.5 million share purchase plan.

Participants will receive a one-for-two option, exercisable at 3c within two years.

Accelerate Resources has received firm commitments to raise $3.1 million via a two-tranche 3.6c per share placement.

The proceeds will be used to explore the Braeside West and Ripon Hills East manganese projects.

Nickel explorer Corazon Mining has received firm commitments to raise $2.6 million.

Peloton Capital acted as lead manager to the 3.2c per share, two-tranche placement.

Bastion Minerals has completed a placement to raise $2.2 million for the Capote gold project.

The 20c per share offer (a 5% premium) was supported by Simon O'Loughlin and Levi Mochkin.

MetalsTech has attracted a $2 million investment from China's Chifeng Jilong Gold Mining.

A Chifeng subsidiary will subscribe for 5.9 million shares at 34c.

WA explorer Avira Resources has received commitments for a placement of 343.7 million shares at 0.4c each to raise $1.37 million.

CPS Capital Group was lead manager to the two-tranche issue, which will include the issue of 343.75 million 1c options.

New Zealand-focused New Talisman Gold Mines has completed a $670,000 placement to Australian investors.

The company also plans to launch a rights issue.

Lithium Australia has received just under $500,000 after shareholders paid the unpaid balance of partly paid shares.

Finally, newly listed OZZ Resources has launched a one-for-three loyalty option entitlement issue.

The options have a 0.5c issue price and will be exercisable at 25c within three years.

The offer will raise $75,000 and up to $3.76 million if all the options are exercised.