Kairos Minerals has entered into an agreement with CPS Capital to underwrite the exercise of 285.2 million options at 2.5c each to raise A$7.1 million.

The options expire in December.

The cash will underpin the next phase of gold and lithium exploration in the Pilbara.

Wildcat Resources has completed an oversubscribed placement to raise $5.5 million for gold and lithium exploration in Western Australia.

Directors will subscribe for an additional $122,000 at 4.4c per share, the same as the placement price.

Canaccord Genuity has been appointed as lead manager.

Africa-focused Tanga Resources has received firm commitments to raise $4.6 million via the placement of 92 million shares at 5c per share.

Argonaut Securities acted as lead manager to the two-tranche placement.

The proceeds will fund work in Cote d'Ivoire and Namibia.

Mont Royal Resources is placing 20 million shares at 20c each to raise $4 million.

The funds will be used to explore the Northern Lights and Wapatik projects in Canada.

Aguia Resources has completed a private placement to raise $2.55 million at 5c per share for copper projects in Brazil.

The company is launching a share purchase plan to raise up to a further $500,000.

Copper explorer AuKing Mining has raised $2.47 million in a placement at 16.5c per share.

Vert Capital was lead manager.

The proceeds will allow the company to commit to drilling from March/April 2022.

Spain-focused Black Dragon Gold has received firm commitments to raise $2.4 million, including $580,000 from directors.

New CHESS depositary interests will come with a one-for-two option.

The company will also launch a SPP.

ActiveEX has raised $2.12 million in a heavily oversubscribed placement managed by Cadmon Advisory and Panthea Capital.

Every two new 8c shares will come with a 12c, two-year option.

Emu has completed a placement of 83.3 million shares to raise $2 million for exploration.

Every five new 2.5c shares came with two free 7.5c options.

Altura Mining has launched a one-for-8.5 non-renounceable entitlement offer to raise $2 million.

New shares will be offered at half a cent each.

Lithium Australia has received $607,000 after shareholders fully paid the balance of partly paid ordinary shares.

Gold explorer Torian Resources has raised just under $350,000 in an entitlement offer of options, which attracted applications of $1.1 million.

Finally, Resolution Minerals has made use of an at-the-market subscription agreement with Acuity Capital to raise $281,000.