3 Financings You Need to Know About (Jan. 6-13)

Even as uranium snatches all the buzz, we're still seeing the usual customers among non-brokered placements this week: junior mining companies with big plans for their projects.

1. Nomad Royalty Co. Ltd. (TSX: NSR)

• Gross Proceeds: $40 million (bought deal)
• Sector: Mining royalties
• Units issued: 4.4 million
• Type: Common shares
• Price: $9.10
• Warrants: None
• Agents: BMO Capital Markets
• Use of Proceeds: New acquisitions

Company breakdown:

• Predominantly gold- and silver-focused royalty company 
• Has been on the decline lately as gold prices slacken
• Proceeds will be used for recently-announced royalty acquisitions
• Shares have dropped 53 cents since announcing the bought deal

2. Anfield Energy Inc. (TSX-V: AEC)

• Gross Proceeds: $8.25 million
• Sector: Uranium
• Units issued: 75 million units
• Type: Special units
• Price: $0.11
• Warrants: Full; $0.15; Two years
• Agents: Non-brokered
• Use of Proceeds: General working capital

Company breakdown:

• Uranium junior with a flagship project in Utah
• Limited activity over the last several monts
• Shares have remained flat since announcing the private placement

3. Ostrom Climate Solutions Inc. (TSX-V: COO) 

• Gross Proceeds: $3.33 million
• Sector: Carbon management
• Units issued: 51.23 million
• Type: Special units
• Price: $0.065
• Warrants: Full; $0.085; Five years
• Agents: Non-brokered
• Use of Proceeds: Debt repayment

Company breakdown:

• Vancouver-based carbon management company
• Recently changed its name from Naturebank Asset
• Very little news over the past year
• Shares are flat since announcing the private placement