Capital Watch: Boss, Laneway and more

BOSS Resources’ A$120 million fund raising was the headline act in a relatively quiet week on the tin rattling front, with E2 Metals and Golden Rim Resources tapping the market for $8.5 million and $6.3 million respectively. 
Capital Watch: Boss, Laneway and more Capital Watch: Boss, Laneway and more Capital Watch: Boss, Laneway and more Capital Watch: Boss, Laneway and more Capital Watch: Boss, Laneway and more

Staff Reporter

Elsewhere, budding Queensland gold miner Laneway Resources has raised $4.4 million in an entitlement offer, with directors and associated entities subscribing for $2.4 million of that.
 
Pricing was at 0.5c per share.
 
The fully underwritten offer is raising $7.9 million in total, which is in addition to a recent $3.1 million placement. 
 
Gold explorer BrightStar Resources has completed an oversubscribed placement of 100 million shares at 2.5c each to raise $2.5 million.
 
Canaccord Genuity was the lead manager.
 
The proceeds will be used for drilling at Laverton.
 
Cauldron Energy has received commitments for an oversubscribed placement to raise $750,000.
 
The 1.7c per share issue was managed by EverBlu Capital.
 
Classic Minerals has raised $1.5 million from issuing new shares at 0.085c each.
 
The funds are for the Kat Gap gold play in WA.
 
The raising was managed by an undisclosed Melbourne firm.