Announced financings: Feb. 8, 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. Lion One Metals Ltd. (TSX-V: LIO)

• Gross Proceeds: $10.5 million
• Sector: Precious metals
• Units issued: 3.15 million
• Type: Special units
• Price: $0.50
• Warrants: Full; $0.65; Three years
• Agents: Cantor Fitzgerald Canada Corp.
• Use of Proceeds: Ongoing development

Company breakdown:

• Gold junior with projects in Fiji
• Built a processing plant at its Tuvatu project last year and completed 2,000  metres of underground mine development

2. Optimi Health Corp. (CSE: OPTI)

• Gross Proceeds: $1.5 million
• Sector: Psychedelics
• Units issued: 5 million
• Type: Special units
• Price: $0.30
• Warrants: Half; $0.40; Two years
• Agents: Non-brokered
• Use of Proceeds: Drug license

Company breakdown:

• Drug formulator working on pharmaceuticals using psychedelics and MDMA
• Received a precursor license to formulate MDMA in January, and shares rose in response

3. Temas Resources Corp. (CSE: TMAS)

• Gross Proceeds: $1.5 million
• Sector: Base metals
• Units issued: 6 million
• Type: Special units
• Price: $0.25
• Warrants: Half; $0.40; Two years
• Agents: Non-brokered
• Use of Proceeds: Project advancement

Company breakdown: 

• Base metals junior with projects in Quebec
• Its La Blache project has been pegged with a net-present value of $6.8 billion