Announced financings: Feb.15, 2024

February 16, 2024 04:48 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. Quimbaya Gold Corp. (CSE: QIM)

  • Gross Proceeds: $2.02 million
  • Sector: Precious metals
  • Units issued: 2.98 million
  • Type: Special units
  • Price: $0.68
  • Warrants: Full; $0.68; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Gold junior with projects in Colombia
  • Recently staked 7,393 hectares at its Maitamac project in addition to a previous announcement staking four other new properties
  • Lack of other recent news

2. Homerun Resources Inc. (TSX-V: HMR) 

  • Gross Proceeds: $1 million
  • Sector: Silica
  • Units issued: 2 million
  • Type: Special units
  • Price: $0.50
  • Warrants: Full; $0.75; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Critical and battery metals junior with projects in Brazil
  • Recently received the gov't OK for four of its new Brazil concessions

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