Corporate finance deals Oct 14 to 20 2019

ADX Energy has raised $2 million through a placement at 1 cent a share, and announced a share purchase plan to raise a further $1.5 million.

Artemis Resources has raised $5.9 million though a placement at 3.2 cents a share.

Beacon Minerals has purchased the Panther mining lease M16/365 from Corinthian Mining Pty Ltd for $125,000.

Blackham Resources has closed its share purchase plan over-subscribed, raising $3 million in addition to its earlier $4 million placement.

Ausquest has raised $500,000 through a placement at 1.4 cents a share and announced an entitlement offer to raise a further $1.9 million.

GBM Resources has announced the planned acquisition of Stibium Mining’s subsidiary Millstream Resources for a consideration of 150 shares (preconsolidation basis).

Krakatoa Resources has raised $750,000 by way of a placement at 5 cents a share.

Magmatic Resources has raised $2.2 million through placement at 8 cents a share.

OpenDNA has raised $500,000 through a placement at 3.8 cents a share.

Predictive Discovery has raised $1.75 million through a placement at 1 cent a share.

Alloy Resources has received commitments to raise $530,000 through a placement at 0.2 cents a share, and plans to raise up to $780,000 in additional funds through an entitlement offer.

De.mem has announced the planned acquisition of a 75 per cent stake in German industrial waste water treatment company Geutec for a total consideration of $915,000 in cash.

Tyranna Resources has announced the planned sale of its interest in Half Moon Pty Ltd, the owner of the majority and controlling joint venture interest in the Western Gawler Craton Joint Venture, and all tenements located around the WGCJV owned 100% by Tyranna subsidiaries, collectively referred to as the “Jumbuck Gold Project”.

Swift Media has raised $1.6 million through a placement at 14.5 cents a share.

Metalicity’s entitlement offer has closed, with approximately 17 per cent of the offer taken up, raising $270,000. The directors will seek to place the shortfall within the next three months.

Peppermint Innovation has announced a $1.5 million convertible notes issue and upcoming $2 million placement, both priced at 2.5 cents a share.

Kin Mining has raised $850,000 through a placement at 3.5 cents a share, and plans to raise a further $2.2 million through an entitlement offer.