Announced financings: August 11

Here’s your roundup of announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.

1. Leading Edge Materials Corp. (TSX-V: LEM)

• Gross Proceeds: $2.5 million
• Sector: Battery metals
• Units issued: 21.74 million
• Type: Special units
• Price: $0.115
• Warrants: Full; $0.225; Four years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Junior miner focused on battery metals, with projects in Sweden and Romania
• Assayed 30% nickel, 4.7% cobalt at its Bihor Sud project in June
• Not much recent news

2. Carlyle Commodities Corp. (CSE: CCC)

• Gross Proceeds: $1.02 million
• Sector: Precious metals
• Units issued: 12 million
• Type: Special units
• Price: $0.085
• Warrants: Full; $0.15; Three years
• Agents: Non-brokered
• Use of Proceeds: Project advancement

Company breakdown:

• Gold junior focused on the Newton gold project in British Columbia
• Shares have fallen over past year on middling drill results from Newton, including 0.51 g/t Au over 689 metres, and 613.9 metres of 0.55 g/t AuEq