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.
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By GlobalDataThe 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.
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 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.