Magnetite Mines has agreed to issue renounceable pro-rata rights shares to raise a sum of A$2m ($1.54m).

The initiative will see the company’s shareholders receive one new share, priced at A$0.015 ($0.01), for every four shares held on the record date.

Magnetite Mines shareholders will also receive a free attaching listed option for every share subscribed.

The company has engaged CPS Capital Group as lead manager for the transaction.

Australia-based Magnetite Mines is engaged in mineral exploration with a primary focus on magnetite iron.

Critical Elements has agreed to raise C$5m ($3.92m) via a bought-deal private placement of five million units priced at C$1 ($0.78) a unit.

Each unit will comprise a single common share and half of one common share purchase warrant.

The Canada-based company has also provided underwriters an option to sell up to an additional two million units as part of the offering, which is exercisable within 48 hours before the closure deadline.

Canaccord Genuity is acting as the underwriter for the transaction.

“Nordic Iron Ore has agreed to raise Skr36.5m ($4.35m) as part of a rights offering of shares priced at Skr0.50 ($0.05) a share.”

Critical Elements is an exploration organisation focused on rare metals and rare earth elements, especially tantalum, lithium and niobium.

Nordic Iron Ore has agreed to raise Skr36.5m ($4.35m) as part of a rights offering of shares priced at Skr0.50 ($0.05) a share.

The company’s existing shareholders will be entitled to the subscription of two shares and one gratuitous warrant for every three shares currently held.

Each warrant will entitle the holder to subscribe to one new share in the company for Skr1 ($0.11) after a period of one year.

Sweden-based Nordic Iron Ore specialises in the exploration, development and mining of iron ore deposits.

The company has engaged Stockholm Corporate Finance as financial advisor for the transaction, while Hamilton Advokatbyra has been engaged as the legal advisor.

Seabridge Gold has agreed to issue one million flow-through (FT) common shares priced at C$17.16 ($13.45) a share as part of a non-brokered private placement to raise C$17.16m ($13.45m).

The company also plans to increase the size of the placement by granting an option to purchase an additional 150,000 FT common shares by 27 April.

Seabridge Gold is a Canadian gold exploration company.

Kibo Mining has issued 28.5 million ordinary shares priced at £0.0525 ($0.07) a share in a private placement to raise £1.5m ($2.12m).

The company has engaged SVS Securities and Novum Securities as joint brokers for the transaction, while RFC Ambrian acted as nominated adviser (NOMAD) on the Alternative Investment Market (AIM) and St Brides Partners acted as the investor and media relations adviser for the initiative.

Kibo Mining is an Irish coal mining firm.

Noront Resources has raised C$4.2m ($3.28m) by issuing ten million FT shares priced at C$0.42 ($0.32) a share via a private placement arrangement.

The Canada-based mineral exploration company has engaged EMD Financial as its financial advisor for the transaction.