Castile Resources has raised $5.5 million at 13c per share, a 16.1% discount, with shares to come with a free-attaching 20c option.

An institutional placement raised $4.8 million, while directors will seek approval to contribute a further $685,000.

Canaccord Genuity and Jett Capital Advisors acted as joint lead managers.

The proceeds will be used to advance the Rover project.

Gold explorer Medallion Metals has raised $5.2 million to advance its 1.37 million ounce Ravensthorpe project.

The raising is being conducted via a one-for-six pro-rata non-renounceable entitlement issue priced at 16c.

The offer is fully underwritten by lead manager Canaccord Genuity.

Stavely Minerals' previously announced $1.5 million share purchase plan has closed, raising $5.3 million.

The company described the support as "unprecedented" and vowed to accept all valid applications.

The funds will be applied to advancing the Cayley Lode copper project.

Philippines explorer Celsius Resources has received firm commitments for a $3.5 million placement.

Every two new 1.3c placement shares will come with a 1.6c option.

EverBlu Capital was lead manager.

Lindian Resources has placed 15 million shares at 20c each to raise $3 million, with every two shares to come with a free-attaching 25c option.

The placement price represents a 48.1% premium to the last closing price.

The funds are being used to acquire a rare earth project in Malawi.

Copper developer Caravel Minerals has received commitments to raise $3 million, including $500,000 from directors.

The issue price of 17c represented a 14% discount to the five-day volume-weighted average price.

The proceeds will be used for optimisation studies at the Caravel copper project.

Cuba-focused Antilles Gold is seeking to raise $3 million via a placement of 5c shares, as well as a three-for-one option.

Directors Brian Johnson and James Tyers will each subscribe for $1 million worth of shares.

Copper-zinc explorer American West Metals has raised $2.7 million, representing the company's full placement capacity.

Canaccord Genuity and RM Corporate Finance were lead managers.

Every two new 12.5c shares will come with a free-attaching 20c option exercisable within two years.

Kingwest Resources has upsized its recently announced SPP from $1.5 million to $2.5 million due to demand.

The cash will allow the company to advance its Lake Goongarrie gold project.

South Africa-focused Theta Gold Mines has received commitments to raise $2.3 million via a private placement.

The placement, conducted at 6.5c per share, will be used to advance the TGME gold project.

Lind Global Fund II has agreed to invest $2.25 million in Thomson Resources.

It is the third investment in Thomson by the US fund.

The funding will allow the company to advance its silver, gold and tin projects.

Copper explorer QMines has raised $2 million via a fully subscribed placement, including $300,000 from directors.

Shaw and Partners was lead manager with Dalton Equities and Peak Asset Management as co-lead managers.

The placement funds will be used to advance the Mt Chalmers project.

Raiden Resources is raising about $1.83 million via a placement and loyalty option placement for nickel drilling.

The company will place $1.5 million worth of shares in two tranches, while a issue of loyalty options will raise a further $326,488.

Placement lead manager CPS Capital Group will underwrite the loyalty issue.

Rare earth explorer Lanthanein Resources has raised $1.75 million via the issue of 125 million shares at 1.4c each.

Every two placement shares will come with a 3c, December 2024 option.

Inyati Capital was the lead manager.

Titanium Sands has received commitments to raise $1.5 million, managed by CPS Capital Group.

The company will issue 136.3 million shares at 1.1c each, as well as 272.7 million shares, exercisable at 2.3c each within three years.

Gold explorer Alice Queen has raised $1.25 million in a private placement at 0.3c per share.

Every two shares will come with a 0.8c option, exercisable within two years.

Kaolin developer Kula Gold has launched a one-for-four non-renounceable pro-rata entitlement issue at 2c to raise up to $1.08 million.

The issue price represents a 28% discount to the last closing price.

Finally, Quantum Graphite has raised $447,000 for working capital.