Announced financings: March 6, 2024

March 8, 2024 01:02 PM PST

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

1. Freegold Ventures Ltd.  (TSX: FVL)

  • Gross Proceeds: $5 million
  • Sector: Precious metals
  • Units issued: 18.75 million
  • Type: Special units
  • Price: $0.40
  • Warrants: Half; $0.52; Two years
  • Agents: Paradigm Capital
  • Use of Proceeds: Working capital

Company breakdown:

  • Gold and copper junior focused on projects in Alaska
  • Recently drilled 1.4 metres of 34.4 g/t Au in its Saddle Zone
  • 44 holes of drilling was completed in 2023, assays are still pending for two holes

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