Announced financings: Feb.12, 2024

February 13, 2024 02:42 PM PST

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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