Proposed code: RHI Issue price: $0.20 Principal activities: iron ore exploration. Corporate: Graham Riley (non-executive chairman); Joshua Pitt (non-executive director); Stanley MacDonald (non-executive director); Garry Strong (non-executive director); Timothy Boddington (general manager); Peter Ruttledge (company secretary) www.redhilliron.com.au (08) 9481 8629 The company aims to raise $4 million. The offer is not underwritten.