Here’s your roundup of announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.
1. Silver North Resources Ltd. (TSX-V: SNAG)
- Gross Proceeds: $1.5 million
- Sector: Precious metals
- Units issued: 2.5 million; 5 million
- Type: Special units; Flow-through units
- Price: $0.20; $0.20
- Warrants: Half; $0.30; Three years
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Silver junior focused on the Haldane project in the Yukon
- Precious drilling has intercepted mineralization including 4.48 metres of 444 g/t silver
- Changed name from Alianza Minerals in August and rolled back shares
2. Altiplano Minerals Inc. (TSX-V: APN)
- Gross Proceeds: $1 million
- Sector: Precious metals
- Units issued: 3.81 million
- Type: Special units
- Price: $0.10
- Warrants: Full; $0.12; Two years
- Agents: Non-brokered
- Use of Proceeds: Not stated
Company breakdown:
- Small copper producer and explorer with projects in Chile.
- Sold 294,162 pounds of copper in Q2
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