United Company RUSAL plans to raise RMB500m ($75.81m) through a second tranche of Panda bonds. The bonds will have a coupon rate of 5.5% a year and a tenor of at least two years.

The company has engaged China International Capital Corporation as the arranger and underwriter for the offering.

United Company RUSAL is a Russian company engaged in the manufacture and sale of aluminium and related products.

Canada-based gold mineral explorer and developer Barkerville Gold Mines has reached an agreement to raise an additional C$7m ($5.56m) through a private placement of 8.75 million flow-through shares priced at C$0.80 ($0.63) a share.

“The issued amount will have a four-month resale restriction.”

Issued securities will have a holding period of four months and one day.

Declan Resources has raised C$1m ($790,000) through a non-brokered private placement of 16,666,667 common shares priced at C$0.06 ($0.04) each.

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The issued amount will have a four-month resale restriction.

Minerals exploration and development company Overland Resources has entered a binding agreement to acquire a 75% stake in the Zebina Minerals’ Yandal East Gold Project located in Wiluna, Western Australia.

Both companies involved in the transaction are based in Australia.

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