Argonaut Resources is undertaking a one-for-one non-renounceable pro-rata entitlement offer to raise up to $3.66 million.

Lead manager Taylor Collison is fully underwriting the issue.

The issue price is 5c per share, a 50% discount.

Fresh from identifying potential lithium mineralisation near Mt Ida, Juno Minerals has launched a one-for-three non-renounceable entitlement offer to raise up to $3.6 million.

The company will issue up to 45.5 million shares at 8c each.

GBA Capital has been appointed as lead manager.

Astron Corporation has raised $2.68 million in a placement to a select group of investors.

CHESS depositary interests were placed at 56c each, a 19.1% premium.

The proceeds will be applied to the Donald mineral sands project.

Brazil-focused Aguia Resources has raised $500,000 in a private placement and has launched a one-for-four non-renounceable entitlement offer to raise a further $1.6 million.

The issue price is 1.45c, a 15% discount to the 10-day volume-weighted average price.

The proceeds will be used to assess potential for rare earths mineralisation.

Marquee Resources has received firm commitments to raise $1.98 million at 3c per share, including a one-for-two free-attaching option.

GTT Ventures was lead manager.

The company will use the cash for lithium exploration.

Codrus Minerals has received binding commitments to raise $920,000 via a strongly supported placement to fund rare earth exploration.

Pac Partners was lead manager to the 8c per share offer, which included a one-for-one option with a strike price of 12.5c per share.

Finally, Aurum Resources has raised $715,000 via a placement at 11c per share, managed by Xcel Capital.