Announced financings: April 17, 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. Lithium Americas Corp. (TSX: LAC)

• Gross Proceeds: US$275 million
• Sector: Lithium
• Units issued: 55 million
• Type: Common shares
• Price: $5.00
• Warrants: None
• Agents: Evercore, Goldman Sachs, BMO Capital Markets
• Use of Proceeds: Construction and development

Company breakdown:

• Development-stage lithium company focused on the Thacker Pass project in Nevada through its subsidiary
• Has received $2.26 billion US DOE loan to construct more facilities at Thacker Pass, with a target of 40,000 tonnes of lithium per year
• Lost $3.9 million in 2023

2. Awalé Resources Ltd. (TSX-V: ARIC)

• Gross Proceeds: $10 million (bought deal)
• Sector: Precious metals
• Units issued: 16.13 million
• Type: Special units
• Price: $0.62
• Warrants: Half; $0.80; Two years
• Agents: Canaccord Genuity
• Use of Proceeds: Project advancement 

Company breakdown:

• Gold and copper junior focused on projects in Côte d’Ivoire
• Recently resumed drilling at its Odienné project, following up on results of 26 g/t Au over 57 metres

3. Aurania Resources Ltd. (TSX-V: ARU)

• Gross Proceeds: $4 million
• Sector: Precious metals
• Units issued: 20 million
• Type: Special units
• Price: $0.20
• Warrants: Full; $0.45; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior focused on projects in Ecuador
• Aims to drill the Kury-Yawi epithermal gold target area in 2024