Announced financings: Oct. 12

October 13, 2023 11:51 AM PST

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

1. Osino Resources Corp. (TSX-V: OSI)

  • Gross Proceeds: US$3 million
  • Sector: Precious metals
  • Units issued: 3 million
  • Type: Special units
  • Price: $1.00
  • Warrants: None
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Gold junior focused on a flagship project in Namibia
  • Just acquired the Twin Hills project in Namibia on Wednesday

2. Silver Mountain Resources Inc. (TSX-V: AGMR)

  • Gross Proceeds: USUS$3 million
  • Sector: Precious metals
  • Units issued: 60 million
  • Type: Special units
  • Price: US$0.05
  • Warrants: Half; US$0.09; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Silver junior with projects in Peru
  • Recently drilled 1.15 metres of 682 g/t AgEq

3. SWMBRD Sports Inc. (CSE: SWIM)

  • Gross Proceeds: $1.24 million
  • Sector: Swimming products
  • Units issued: 41.34 million
  • Type: Special units
  • Price: $0.03
  • Warrants: Full; $0.05; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Has developed a special swimming board
  • Recently announced entry into consultancy agreements

4. Resaas Services Inc. (TSX-V: RSS)

  • Gross Proceeds: $1 million
  • Sector: Real estate tech
  • Units issued: 3.13 million
  • Type: Special units
  • Price: $0.23
  • Warrants: Half; $0.60; One year
  • Agents: Non-brokered
  • Use of Proceeds: Expansion

Company breakdown:

  • Real estate technology platform
  • Recently signed a broker agreement with Zillow

You May Like