Perth-based gold and base metals miner and explorer Alkane Exploration Ltd has closed its non-renounceable rights offer undersubscribed, having raised $1.1 million of the $1.4 it aimed for.

Perth-based gold and base metals miner and explorer Alkane Exploration Ltd has closed its non-renounceable rights offer undersubscribed, having raised $1.1 million of the $1.4 it aimed for.