Kairos Minerals is looking to raise up to $4.2 million from a share placement and rights issue, while RTG Mining and Paterson Resources have also recently launched capital raisings.
Subiaco-based RTG Mining has raised $US34 million as the company aims to secure an interest in the old Panguna copper-gold project in Bougainville, while Azure Minerals also announced a capital raising worth $8.2 million.
Mark Bennett's gold hopeful, S2 Resources, has tapped investors for a $12.1 million capital raising to fund ongoing work at its Polar Bear project near Norseman.
Subiaco-based explorer RTG Mining has raised $15 million through the placement of about 22 million shares to fund exploration and development of its projects in the Philippines.
