Here's your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com, the only platform that posts every Canadian financing, every day.
1. Vior Inc. (TSX-V: VIO)
- Gross Proceeds: $20 million
- Sector: Precious metals
- Units issued: 58.43 million; 56 million
- Type: Flow-through units; Special units
- Price: $0.22; $0.13
- Warrants: Half; $0.21; Two years
- Agents: Eight Capital
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Junior miner focused on the Belleterre gold project in Quebec and various other smaller projects
- Recently provided an update on its Skyfall project, including a discovery of 2.9 g/t Au
- Very infrequently posts news
2. Americas Gold and Silver Corp.
- Gross Proceeds: $7.5 million (upsized)
- Sector: Precious metals
- Units issued: 25 million
- Type: Special units
- Price: $0.30
- Warrants: Full; $0.40; Three years
- Agents: Eight Capital
- Use of Proceeds: Working capital
Company breakdown:
- Precious metals junior producer with projects in Mexico, Idaho, and Nevada
- Produced 580,000 ounces of gold in Q4 2023
- Recently intercepted 3,172 g/t silver over 1.4 metres at its Galena Complex project
3. Abitibi Metals Corp. (CSE: AMQ)
- Gross Proceeds: $5 million
- Sector: Metals
- Units issued: 5.81 million
- Type: Common shares
- Price: $0.86
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Base and precious metals junior with projects in Quebec
- Recently drilled 61.3 metres of 2.5% Cu at its B26 deposit
- Current share price is $0.55, placing the private placement at at 56% premium
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