Corporate finance deals Sep 30 to Oct 4 2019
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Exore Resources has raised $10 million through a placement at 8.5 cents a share.
DevEx Resources has raised $4.6 million through a placement at 8 cents a share.
New World Cobalt has raised $2 million through a placement at 2 cents a share.
Norwest Minerals has closed its 1-for-3 entitlement offer, raising $3.1 million at 15 cents a share.
Strategic Elements has closed its $1 million share purchase plan heavily oversubscribed, with applications exceeding $2.2 million.
Azure Minerals has raised $4 million through a placement at 17 cents a share.
Red Mountain Mining has announced plans to acquire the Mt Kokeby kaolin project for 310 million shares and $500,000.
Great Boulder Resources has closed its 4 cents a share entitlement offer raising only $437,424 of the $1.3 million sought.
The ASX has delisted Cleveland Mining Corporation after three years of continuous suspension of trade in its shares.
Black Cat Syndicate has raised $5 million through a placement at 43 cents a share.
Gulf Manganese Corporation has placed 64 million shares at 0.6 cents a share, raising $385,000.
Metalicity has raised $203,063 through a placement at 0.6 cents a share to a sophisticated investor.
Southern Cross Electrical Engineering has announced an underwriting deal for its previously announced $7 million dividend reinvestment plan. The $6.4 million shortfall will be placed by Euroz Securities and Moelis Australia.
Sacgasco has raised $400,290 through an option entitlement offer.