Australia-based mining company Peak Resources has agreed to raise A$1.575m ($1.26m) in the second tranche private placement of 39.375 million shares, priced at A$0.04 ($0.032) a share. 

Engaged in the exploration and evaluation of mineral licences, the company has already raised A$1.125m ($890,000) in the first tranche private placement of 30.625 million new shares. 

The participants in the placement included ERP Strategic Minerals along with other groups of investors.

The company also proposes issuing up to 68.43 million shares in a 1:8 entitlement issue to all eligible shareholders to raise up to an additional A$2.74m ($2.19m). 

Dynasty Gold plans to raise gross proceeds of C$300,000 ($240,000) through a non-brokered private placement of up to 2.4 million units with a four-month hold period. 

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Each unit will comprise one common share and one common share purchase warrant, which entitles the holder to purchase an additional common share at a price of C$0.20 ($0.16) each for the first year and at C$0.25 ($0.20) for the second year after closing.

Dynasty Gold is an exploration company based in Canada.

Senator Minerals plans to raise C$5m ($4.1m) in a non-brokered private placement of up to 3,125,000 common shares, priced at C$1.60 ($1.31) a unit. 

"The company proposes issuing up to 68.43 million shares in a 1:8 entitlement to all eligible shareholders to raise up to an additional A$2.74m."

The issued common shares under the placement will have a statutory holding period of four months and one day.

The Canada-based company is involved in the acquisition and exploration of mineral properties.

DNI Metals has reached an agreement to issue up to 30 million units priced at C$0.08 ($0.06) each in a private placement to raise up to C$2.4m ($1.97m). Securities issued under the placement will have a four-month hold period.

Each unit offered under the placement will consist of a common share and a common share purchase warrant, to be exercised at C$0.16 ($0.13) for each over a period of 18 months.

Based in Canada, the mineral exploration company has Ascenta Finance Corporation as its placement agent for the offering. 

Canada-based uranium and vanadium conventional mining company Western Uranium has raised C$480,000 ($390,000) in gross proceeds in a non-brokered private placement of 534,763 units each priced at C$0.90 ($0.74).

Each unit will consist of a common share of the company, in addition to a common share purchase warrant that entitles the holder to buy an additional share of the company for C$1.40 ($1.15) a unit within five years from the placement's closing date.