Gage Roads Brewing Company is raising $5.2 million through an institutional placement, with the funds being used to strengthen its balance sheet and position the company for growth.
Goldminer Red 5 is raising $125 million from a two-tranche share placement to fund the final feasibility study for its King of the Hills gold mine in Western Australia.
Mincor Resources has reported a surge of demand for the company's stock, with a $5 million share purchase plan closing early and oversubscribed, while Titan Minerals has secured $3.5 million for its Peruvian exploration operations.
Alkane Resources has received commitments to raise $20 million through a share placement, and up to $34.8 million through a 1-for-8 rights issue, to accelerate exploration and development programs in the Tomingley gold corridor in New South Wales.
Perth-based Mincor Resources has received commitments to raise $30 million through a placement, backed by major shareholders Andrew Forrest and Independence Group, and is looking to raise a further $5 million through a share purchase plan.
Oil and gas explorer Strike Energy announced today it has raised $30 million through a share placement and is seeking an additional $5 million through a share purchase plan, primarily to fund the company's exploration and appraisal programs in the Perth Basin.
Geopacific Resources has completed a $40 million share placement, and aims to raise a further $5 million via a share purchase plan to fund its $198.5 million Woodlark gold project in Papua New Guinea.
Calima Energy has raised around $12.7 million, via a placement and entitlement offer, with the funds set to be primarily used for general working capital purposes.
Mincor Resources has raised $18 million in a share placement and is seeking to secure an additional $5 million via a share purchase plan to facilitate the restart of its Kambalda nickel operations.
Altech Chemicals has raised $18 million via a share placement, with the proceeds to primarily go towards the company's high purity alumina (HPA) plant in Johor, Malaysia.
Geopacific Resources has raised $4.3 million via a share placement, with the funds set to advance due diligence in relation to the financing of its $198.5 million Woodlark gold project.
Aspiring miner Poseidon Nickel has completed a $69 million entitlement offer without having to call on support from its sub-underwriter, Andrew Forrest's Squadron Resources.
Three junior explorers have announced capital raisings worth up to $29.5 million, with Denis Waddell-led Orion Minerals tapping investors for $17.3 million.
New Century Resources has raised $40 million to complete the restart of its zinc mine in Queensland, while Vimy Resources and Geopacific Resources have tapped investors for $6 million and $10 million respectively.
Gold miner Doray Minerals has raised $25 million to reduce debt and increase exploration at its Deflector project, which is located 160 kilometres east of Geraldton.
Local explorer Geopacific Resources has kicked off a $15 million capital raising to fund the earn-in and development of the Woodlark gold project in Papua New Guinea.
Does BHP Billiton really want to expand its loss-making Nickel West division, or is it engaging in a strange game of promoting an expansion plan of the Western Australian business in order to restart the sales process that collapsed last year?
Local company Talisman Mining has tapped investors for a $16.7 million capital raising to fund ongoing exploration at its Springfield copper-gold project in the Murchison region.
An independent expert's report has found private equity group Auctus Chillagoe's takeover bid for Mungana Goldmines to be both unfair and unreasonable, saying the 13.5 cents a share price was opportunistic and undervalued the business.
Wolf Minerals has arranged final funding for construction of its Hemerdon tungsten and tin project in England after agreeing to a discounted share placement.
Panoramic Resources has made plans to raise $25.12 million through a placement and Share Purchase Plan to fast-track its nickel exploration at its Savannah and Lanfranchi projects.
