Announced financings: August 17

August 18, 2023 11:11 AM PST

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

1. American Eagle Gold Corp. (TSX-V: AE)

  • Gross Proceeds: $2.67 million
  • Sector: Precious metals
  • Units issued: 5.94 million
  • Type: Flow-through shares
  • Price: $0.45
  • Warrants: None
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing drilling

Company breakdown:

  • Precious metals junior focused on the NAK project in British Columbia
  • Offering is fully subscribed as a part of an investment from Teck Resources Ltd.
  • Recently drilled 775.9 metres of 0.5% copper-equivalent at NAK

2. Canada One Mining Corp. (TSX-V: CONE)

  • Gross Proceeds: $1.8 million
  • Sector: Copper
  • Units issued: 18 million
  • Type: Special units
  • Price: $0.10
  • Warrants: Half; $0.15; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • "Critical metals" explorer with the Copper Dome project in British Columbia
  • Awaiting drill permit status at the project

3. Treatment.com International Inc. (CSE: TRUE)

  • Gross Proceeds: $1 million
  • Sector: AI healthcare
  • Units issued: 18 million
  • Type: Common shares
  • Price: $0.10
  • Warrants: Half; $0.15; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Has developed an AI digital assistant for healthcare
  • Recently conducted a 10:1 share rollback

4. Visionary Metals Corp. (TSX-V: VIZ)

  • Gross Proceeds: $1.5 million
  • Sector: Base metals
  • Units issued: 18.75 million
  • Type: Special units
  • Price: $0.08
  • Warrants: Half; $0.12; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Nickel and cobalt exploration junior focused on projects in Wyoming
  • Preparing for Q4 drilling at its King project
  • Recently changed its name from Visionary Gold Corp.

5. Timberline Resources Corp. (TSX-V: TBR)

  • Gross Proceeds: $1 million
  • Sector: Precious metals
  • Units issued: 20 million
  • Type: Special units
  • Price: $0.05
  • Warrants: Half; $0.08; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Gold junior focused on projects in Nevada
  • Flagship project is Lookout Mountain, with a 500,000+ ounce Au resource measured and indicated

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