Krakatoa Resources is in the market to raise up to $4.79 million via a $3.78 million placement at 3.6c and a non-renounceable entitlement offer to raise a further $1.01 million on the same terms.

The funds will be used for drilling of the new Wilson prospect within the King Tamba lithium project and its Mt Clere rare earth project, both in Western Australia.

CPS Capital Group was lead manager.  

GreenX Metals has completed a bookbuild to raise roughly $4.2 million at 80c per share.

The funds will be used for exploration at the company's projects in Greenland.

Kookynie gold explorer Carnavale Resources is raising up to $3.1 million for exploration.

The company received firm commitments for a $2.7 million placement and will place $405,000 to directors Ron Gajewski and Andrew Beckwith, subject to shareholder approval.

Argonaut Securities was lead manager to the 0.45c per share offer.

Titanium Sands is raising up to $2.5 million via a placement and rights issue for its Mannar Island project.

The company has received firm commitments for a placement to raise $1.1 million and has launched a one-for-five non-renounceable rights issue to raise $1.4 million.

The issue price is 0.5c, with participants to receive a free-attaching option on a one-for-one basis.

NewPeak Metals has lodged a prospectus for a non-renounceable rights issue to raise up to $1.84 million.

Shareholders can subscribe for one 0.1c share for every five shares held, after which two Blue Lakes Energy shares will be transferred to subscribers for every five new shares.

Neil Francis Stuart is underwriting the offer to $500,000.

As part of a James Bay lithium acquisition, Summit Minerals has raised $1.5 million in a heavily oversubscribed two-tranche placement.

GBA Capital was the lead manager to the 14c per share placement.

Altan Rio Minerals has upsized its previously announced non-brokered C$600,000 private placement to C$1.3 million.

The company intends to use the proceeds to continue its field exploration program and desktop work, general working capital and administrative expenses.

Freehill Mining has launched a one-for-five non-renounceable entitlement offer at 0.3c to raise up to $1.16 million.

The funding will be used for plant and equipment, project costs and working capital.

Emerging gold-silver-copper miner Kingston Resources has announced a A$1 million share purchase plan at 8.5c to help fund the resumption of mining at its Mineral Hill mine in New South Wales.

Ord Minnett and BW Equities are underwriting the SPP, with existing shareholder Delphi as a sub-underwriter. It may accept oversubscriptions of up to $1 million.