Announced financings: March 4, 2024

Here's your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com, the only platform that posts every Canadian financing, every day.

1. Dolly Varden Silver Corp. (TSX-V: DV)

• Gross Proceeds: $15 million (bought deal)
• Sector: Precious metals
• Units issued: 14.29 million
• Type: Flow-through shares
• Price: $1.05
• Warrants: None
• Agents: Research Capital Corp.
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Silver junior focused on the Kitsault Valley project in the Golden Triangle of British Columbia
• Recently drilled 12.45 metres of 79.49 g/t Au
• Entered into an option agreement with Libero Copper & Gold to earn-in a 100% interest in the Big Bulk property

2. BIGG Digital Assets Inc. (CSE: BIGG)

• Gross Proceeds: $5 million
• Sector: Crypto
• Units issued: 20.83 million
• Type: Special units
• Price: $0.24
• Warrants: Full; $0.30; Five years
• Agents: A.G.P. Canada Investments
• Use of Proceeds: Advertising

Company breakdown:

• "Owns, operates and invests in crypto businesses that support and enhance a compliant and regulated ecosystem"
• Reported that its assets were at $81.2 million in November

3. Lifespeak Inc. (TSX: LSPK)

• Gross Proceeds: $5 million
• Sector: Wellbeing products
• Units issued: 8.22 million
• Type: Common shares
• Price: $0.60791
• Warrants: none
• Agents: Non-brokered
• Use of Proceeds: Debt payment

Company breakdown:

• Provides a suite of wellbeing products for employers, health plans, and organizations
• Lost $1.98 million in Q3 2023

4. Benjamin Hill Mining Corp. (TSX-V: BNN)

• Gross Proceeds: $5 million
• Sector: Precious metals
• Units issued: 7.81 million
• Type: Special units
• Price: $0.64
• Warrants: Full; $0.80; Three years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Junior miner focused on the Alotta project in the Yukon
• Recently drilled 211.65 m etres of 0.46 g/t Au
• Shares have been on the rise over the past year

5. EV Nickel Inc. (TSX-V: EVNI)

• Gross Proceeds: $3.5 million
• Sector: Base metal
• Units issued: 4.67 million
• Type: Flow-through shares
• Price: $0.75
• Warrants: None
• Agents: PowerOne Capital Markets Ltd.
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Nickel exploration junior focused on the Shaw Dome project in Timmins, Ontario
• Share have risen dramatically over the past few months, but the cause is unclear
• Lack of other recent news