Announced financings: Oct. 11

Here’s your roundup of announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.

1. Churchill Resources Inc. (TSX-V: CRI)

• Gross Proceeds: $2.5 million
• Sector: Base metals
• Units issued: 50 million
• Type: Special units
• Price: $0.05
• Warrants: Half; $0.15; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Nickel exploration junior with projects in Newfoundland and Labrador
• Has an upcoming drill program planned on its Taylor Brook project
• Previous intercepts include 2.79% nickel over 4.44 metres