RTG to raise $6m in private placement

ASX- and TSX-listed RTG has received commitments to raise about $6-million, or A$9-million, in a private placement to Australian and international investors. “The private placement received strong institutional support, demonstrating the considerable interest in RTG’s interest in the high-grade copper/gold/magnetite Mabilo project, in the Philippines, and our other potential opportunities,” RTG states.

TNT acquires uranium, vanadium claims in Utah

ASX-listed TNT Mines has entered into a binding share sale agreement to acquire Vanacorp Aust and its wholly-owned US subsidiary, Vanacorp USA. Vanacorp USA owns 200 unpatented lode claims that are prospective for uranium and vanadium, together called the East Canyon project, which is located in the East Canyon/Dry Valley mining district, in Utah.