Announced financings: March 5, 2024

Here's your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com, the only platform that posts every Canadian financing, every day.

1. Planet 13 Holdings Inc. (CSE: PLTH)

• Gross Proceeds: US$11.3 million
• Sector: Cannabis
• Units issued: 18.75 million
• Type: Special units
• Price: US$0.60
• Warrants: Full; $0.77; Five years
• Agents: Canaccord Genuity
• Use of Proceeds: Working capital

Company breakdown:

• Vertically-integrated cannabis company with dispensaries in California, Nevada, Illinois, and soon Florida
• Shares jumped aggressively in August following its acquisition of VidaCann in Florida, but since have dropped mostly back down
• Lost $14.3 million in Q4 2023

2. Vizsla Copper Corp. (TSX-V: VCU)

• Gross Proceeds: $1.5 million
• Sector: Copper
• Units issued: 23.08 million
• Type: Special units
• Price: $0.065
• Warrants: Full; $0.12; Three years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Copper junior focused on the Woodjam project in BC
• Recently acquired two claims contiguous with Woodjam