Here’s your roundup of announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.
1. Recharge Resources Ltd. (CSE: RR)
- Gross Proceeds: $2.12 million
- Sector: Battery metals
- Units issued: 7.89 million; 454,545
- Type: Special units; Flow-through units
- Price: $0.25; $0.33
- Warrants: Full; $0.33; One year
- Agents: Non-brokered
- Use of Proceeds: Ongoing drilling
Company breakdown:
- Battery metals junior with projects in Argentina, Ontario, and British Columbia
Recently sent core samples for its Pocitos 1 project estimate
Conducted a 1:2 share rollback
2. MedX Health Corp. (TSX-V: MDX)
- Gross Proceeds: $1.5 million
- Sector: Medical devices
- Units issued: 21.43 million
- Type: Special units
- Price: $0.07
- Warrants: Full; $0.12; Three years
- Agents: Non-brokered
- Use of Proceeds: Not stated
Company breakdown:
- Medical device and software company focused on skin health
- Piloting a teledermatology screening program
- Appointed an new CEO in May
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