Australian coal producer TerraCom (ASX:TER) has rolled out a A$63 million (about $44m) restructuring plan, consisting of a A$35-million capital raise and a $20-million convertible bond to support its growth ambitions.

ASX-listed Kangaroo Island Plantation Timbers Ltd is seeking to raise $10 million from new and existing investors.

Subsequent to the publishing of the Petra Capital research report, Orion has further upgraded its JORC resource for the Prieska Zinc-Copper Project.

Stockbroker Petra Capital is seeking buyers for about $30 million worth of Poseidon Nickel shares left over from the company's rights issue.