Announced financings: March 27, 2024

March 28, 2024 01:35 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. Organigram Holdings Inc. (TSX-V: OGI)

  • Gross Proceeds: $25 million
  • Sector: Cannabis
  • Units issued: 7.74 million
  • Type: Special units
  • Price: $3.23
  • Warrants: Half; $3.65; Four years
  • Agents: ATB Securities
  • Use of Proceeds: Growth initiatives

Company breakdown:

  • Global cannabis producer based in Canada
  • Shares are slightly down over the past 52-week

2. Renegade Gold Inc. (TSX-V: RAGE)

  • Gross Proceeds: $3.34 million
  • Sector: Precious metals
  • Units issued: 17 million
  • Type: Special units
  • Price: $0.20
  • Warrants: Full; $0.25; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Debt payment

Company breakdown:

  • Gold junior focused on projects in the Red Lake district of Ontario
  • Recently reported new assays including 1.63 g/t Au over 34.1 metres

3. Omega Pacific Resources Inc. (CSE: OMGA)

  • Gross Proceeds: $3 million
  • Sector: Metals
  • Units issued: 6 million
  • Type: Common shares
  • Price: $0.50
  • Warrants: None
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Base and precious metals junior focused on projects in British Columbia
  • Recently signed an option agreement to acquire the Williams copper-gold project from Copaur minerals

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