Canada-based North American Lithium revealed plans to raise up to C$75m ($55.83m) through a brokered private placement of subscription receipts.

In exchange for one NAL share, each subscription receipt will be automatically exchanged without any additional payment.

The offering follows Richmond Road Capital’s intention to acquire North American Lithium through a three-cornered amalgamation or other procedure. Under the acquisition, NAL’s shares will be exchanged for common shares of Richmond Road.

GMP Securities is the placement agent for the transaction.

Nemaska Lithium has announced plans to raise gross proceeds of approximately C$50m ($37.11m) by issuing 47.62 common shares, priced at C$1.05 ($0.77) a share, on a bought deal basis.

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"The underwriters are also allowed to purchase additional shares equal to 15% of the shares purchased under the offer."

National Bank Financial is the underwriter for the offering.

Nemaska is a Canadian company engaged in the exploration and development of hard rock lithium mining properties.

Canada company Orca Gold intends to issue 37.5 million units, priced at C$0.40 ($0.29) a unit, to raise C$15m ($11.13m) under a non-brokered private placement.

Each unit will comprise a common share of Orca Gold and a one-half share purchase warrant, exercisable within a year from the closing of the placement at a price of C$0.55 ($0.40) a unit.

Orca Gold is engaged in the acquisition and exploration of gold properties.

Polish coal mining company Polska Grupa Gornicza, has plans to raise PLN1.21bn ($324.88m) through three tranches of bonds with maximum maturity in 2028.

Powszechna Kase Oszczednosci Bank Polski, Bank Gospodarstwa Krajowego, BGZ Bank BNP Paribas, Bank Zachodni WBK and DZ Bank subscribed to the bonds.