South Australian explorer iTech Minerals is seeking to raise up to A$6.5 million for graphite, rare earth and kaolin exploration.

The company received firm commitments for a $4.5 million placement and will seek a further $2 million via a share purchase plan.

The issue price is 25c per share, a 23.1% discount to the last closing price.

Foster Stockbroking acted as lead manager and bookrunner.

Rox Resources is raising up to A$5 million for ongoing work at its Younami gold project.

The company has raised $4 million in a placement, including $660,000 from major shareholder Hawke's Point, and will seek up to a further $1 million via an SPP.

The issue price is 16.5c per share, a 13.2% discount to the previous closing price.

Canaccord Genuity, Taylor Collison and RM Corporate Finance were joint lead managers.

South Australian explorer Taruga Minerals has received commitments to place up to 125 million shares at 2.8c each to raise $3.5 million.

Directors are chipping in $225,000, subject to shareholder approval.

Bell Potter Securities acted as lead manager.

Gold explorer Aurumin has launched a capital raising of up to $3.1 million, comprising a $600,000 placement and a one-for-five non-renounceable entitlement offer to raise $3.5 million.

The issue price is 8c with participants to receive a one-for-one free-attaching option.

Lazarus Corporate Finance was lead manager to the offers.

Southern Hemisphere Mining has launched a one-for-two non-renounceable rights issue to raise up to $2.5 million for exploration at its Llahuin copper-gold-molybdenum deposit.

The offer is priced at 1.5c per share, a 16.7% discount to the last price.

Rare earths explorer West Cobar Metals has raised $2.25 million at 15c per share, lead managed by Xcel Capital.

The proceeds will be used for resource expansion, exploration and metallurgical testwork at the Salazar project.

Argonaut Resources has received firm commitments for a private placement of 933.3 million shares to raise $1.4 million.

Shares will be issued at 0.15c each, a 6.6% premium to the 15-day VWAP.

After announcing a $930,000 placement last week, Todd River Resources has upsized it to $1.11 million due to demand.

The company is also conducting an SPP.

Sipa Resources has raised $1 million in a share placement to fund exploration across multiple projects.

The issue price was 4.5c per share, a 13% discount to the 15-day VWAP.

Finally, Truscott Mining Corporation has launched a one-for-17 non-renounceable entitlement issue priced at 3.5c to raise $325,028.

The offer is underwritten by Resource Investments & Consulting and Martin Place Securities.