Announced financings: Feb. 5, 2024

Here's your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com, the only platform that posts every Canadian financing, every day.

1. Greenridge Exploration Inc. (CSE: GXP)

• Gross Proceeds: $4 million
• Sector: Uranium
• Units issued: 10.53 million
• Type: Special units
• Price: $0.38
• Warrants: Full; $0.45; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Metals junior focused on the Nut Lake uranium project on the Thelon Basin in Nunavut and the Weyman copper project in BC
• Began to trade on the CSE in December

2. Defiance Silver Corp. (TSX-V: DEF)

• Gross Proceeds: $3 million
• Sector: Silver
• Units issued: 30 million
• Type: Special units
• Price: $0.10
• Warrants: Half; $0.20; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Silver junior focused on the district-scale Zacatecas project and the Tepal project in Mexico
• Recently updated the NI 43-101s for Tepal and San Acacio
• Also recently drilled 33.76 metres of 217 g/t AgEq at San Acacio