Liontown Resources, Genesis Minerals, Peak Resources, and Marindi Metals have all made capital raising announcements today as they seek to advance exploration projects.
Westgold Resources has sold two lithium production royalties in the Goldfields to Silverstream, just over four months after it terminated an agreement to sell the royalties to the same company.
Liontown Resources has announced a $7.9 million capital raising, with the funds set to go towards project development activities at its Kathleen Valley lithium project, located 60 kilometres north of Leinster.
Aspire Mining is pleased to announce that pre-commitments for the minimum $1.7 million dollar raising condition of the $15m Strategic Funding package have been received.
Perth-based Liontown Resources says it will accept just $465,500 to satisfy an outstanding settlement around the sale of its Liontown base metal deposit in Queensland to collapsed miner Kagara, which was later offloaded to Red River Resources.
Chalice Gold Mines founder and executive chairman Tim Goyder has taken the role of managing director in a series of board changes that include Bill Bent stepping down from the position today.
Liontown Resources has appointed Anthony Cipriano as a non-executive director.Mr Cipriano is a former Deloitte Perth tax practice leader and national tax leader for energy and resources.
Liontown Resources has announced a $3.4 million capital raising to fund fast-tracked exploration drilling at its Jubilee Reef gold project in Tanzania.
Perth-based investor group Investmet Limited has agreed to underwrite a complex recapitalisation of Swan Gold Mining, adding to a string of mining deals it has undertaken this year.
