Anax Metals (ASX:ANX) received firm commitments to raise about AU$6 million through the placement of 176.4 million new shares at AU$0.034 apiece, according to a Wednesday filing with the Australian bourse.
Proceeds will be used for a high-impact exploration drilling program targeting near-mine and extensional opportunities at the company's Whim Creek project in Western Australia, the filing said.
Shares fell 3% in morning trade on Wednesday.
CSC Financial (SHA:601066, HKG:6066) indirect subsidiary CSCIF Hong Kong issued 1.4 billion yuan in medium-term notes, with the proceeds to replenish overseas working capital.Subsidiary CSC International Financial provided a guarantee totaling 1.46 billion yuan, according to a Tuesday filing with the Shanghai bourse.Shares of the securities company were down 1% in recent trade.
Sandon Capital Investments (ASX:SNC) declared a dividend of AU$0.0047 per share for the month of June, payable June 30 to shareholders on record as of June 12, according to a Wednesday filing with the Australian bourse.The company paid the same dividend for the previous month, an earlier filing showed.
BHP Group (ASX:BHP) shares rose past 2% in recent Wednesday trade, and Rio Tinto Group (ASX:RIO) gained nearly 2%, as copper prices posted a new record high.Both stocks reached an all-time high earlier in the trading session.Copper futures settled at $6.6495 a pound on Tuesday, and the benchmark price has now risen 38% compared with a year earlier, The Wall Street Journal reported.