Here's your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com, the only platform that posts every Canadian financing, every day.
1. Cosa Resources Corp. (CSE: COSA)
- Gross Proceeds: $6.5 million
- Sector: Uranium,
- Units issued: 2.13 million, 7.70 million
- Type: Special units; Flow-through units
- Price: $0.47; $0.714
- Warrants: Half; $0.67; Two years
- Agents: Haywood Securities Inc.
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Uranium junior with projects on the Athabasca Basin
- Recently acquired the Titan project on the Basin covering 9,333 hectares—part of a strategy for the past several months to acquire several projects in the area
- Started a geophysical survey at its Ursa project
- Shares were on the rise until the announcement of the private placement
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