South Perth-based Alcyone Resources is on the hunt for new investment opportunities after securing a $25 million credit facility with New York investment management firm Platinum Partners.
Alcyone Resources has secured $7.4 million through a recent entitlements offer and shortfall placement, just scraping over the capital raising's minimum subscription level of $6 million.
Junior explorers Alcyone Resources and Golden West Resources are looking to raise capital through discounted rights issues worth a combined $21 million.
SOUTH Africa's RMB Resources is not a new player in the Australian market, but it's the kind of financier that is likely to become more prominent as local companies seek alternative funding solutio
Silver producer Alcyone Resources' shares have tanked after it announced a management shake-up following the resignation of the company's managing director Andrew King and two other board members.
Alcyone Resources has announced plans for a $5.4 million capital raising via a rights issue to fund development at its key Twin Hills silver project in Queensland.
A revitalised Macmin Silver will list on the local stock market tomorrow as Alcyone Resources, a year after it fell into administration on the back of the global financial crisis.
