Announced financings: August 24

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

1. Northstar Gaming Holdings Inc. (TSX-V: BET)

• Gross Proceeds: $5 million
• Sector: Online gambling
• Units issued: 28.57 million
• Type: Special units
• Price: $0.175
• Warrants: Half; $0.36; Five years  / Half; $0.40; Five years
• Agents: Non-brokered
• Use of Proceeds: Expansion

Company breakdown:

• Owns Northstar Bets, an Ontario-based online casino and sports betting platform
• Shares dropped severely in late June, but it's unclear why
• Gross gaming revenue was $5.5 million in Q2, as reported in recent earnings release

2. Deep-South Resources Inc. (TSX-V: DSM)

• Gross Proceeds: $2 million
• Sector: Copper
• Units issued: 30.77 million
• Type: Special units
• Price: $0.065
• Warrants: Half; $0.10; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Copper exploration junior with projects in Namibia and Zambia
• Recently drilled 50 metres of 0.63% copper-equivalent at its Haib project
• Also recently initiated a NI 43-101 estimate for its Haib