Announced financings: August 30

August 31, 2023 02:10 PM PST

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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