Shares in ASX-listed WIA Gold rose by 18 per cent on Monday, following news that the company would raise $16.9 million in order to enhance project growth and exploration activities.
Perth-based Marvel Gold has received commitments to raise $5.7 million from a share placement, with the proceeds to go towards its gold projects in Mali.
Stavely Minerals says it will use $28 million raised to progress the company's flagship copper-gold project in Victoria, while Lion One Metals has sought funds for its Fijian gold project.
