Manuka Resources has received firm commitments to raise $5 million in a placement priced at 30c per share, an 11% discount.

The raising comes as Manuka prepares to start silver production from Wonawinta next month.

Evolution Capital acted as lead manager.

Gold explorer Rox Resources has received binding commitments for a placement of 10 million shares at 40c each to raise $4 million.

Hawke's Point participated to maintain its 13.2% interest. The placement increased institutional representation on the register from 17% to 22%.

Canaccord Genuity and Taylor Collison were joint lead managers, while Tamesis Partners acted as joint bookrunners.

Agrimin's $2 million share purchase plan has closed oversubscribed, raising $5 million.

The company was forced to scale back applications after subscriptions exceeded $5 million.

Agrimin is advancing the Lake Mackay potash project in Western Australia.

Western Australian explorer Lodestar Minerals has placed 347.5 million shares at 0.8c per share to raise $2.78 million.

The shares were issued to clients of Canaccord Genuity and Euroz Hartleys.

Gold Mountain has launched a one-for-five renounceable rights issue to raise up to $2.1 million to fund the Wabag project in Papua New Guinea.

New shares will be issued at a 25% discount of 1c per share, with every two new shares to come with a free-attaching option.

Tungsten developer Almonty Industries has raised $1.5 million via the placement of CHESS depositary interests at $1 each.

Lazarus Corporate Finance acted as lead manager.

Elmore has raised $1.2 million by issuing a note to several large shareholders, including $100,000 to new director Andy Haslam.

The proceeds will be used to bring the Peko project into production.

Finally, Riedel Resources has raised $1.05 million in a placement to sophisticated and professional investors.

Drilling at its Kingman gold project in Arizona will start in March.