Here’s your roundup of announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.
1. DynaCERT Inc. (TSX: DYA)
- Gross Proceeds: $6 million
- Sector: Carbon reduction tech
- Units issued: 40 million
- Type: Special units
- Price: $0.15
- Warrants: Half; $0.20; Three years
- Agents: Non-brokered
- Use of Proceeds: Project financing
Company breakdown:
- Manufactures and distributes carbon emissions reduction technology
- Recently received a "significant repeat order" for its HydraGEN tech
2. Tincorp Metals Inc. (TSX-V: TIN)
- Gross Proceeds: $3 million
- Sector: Base metals
- Units issued: 7.5 million
- Type: Special units
- Price: $0.40
- Warrants: Full; $0.58; Two years
- Agents: Non-brokered
- Use of Proceeds: Working capital
Company breakdown:
- Tin exploration junior with projects in Bolivia
- Recently hit 6.13 metres of 1.71% tin at its Provenir project
3. HPQ-silicon Resources Inc. (TSX-V: HPQ)
- Gross Proceeds: $2.5 million
- Sector: Green silicon processing
- Units issued: 9.09 million
- Type: Special units
- Price: $0.275
- Warrants: Full; $0.30; Two years
- Agents: Non-brokered
- Use of Proceeds: Not stated
Company breakdown:
- Developing green engineering processes to produce silicone
- Recently completed a silicon pour with 99.5% purity
4. Altamira Gold Corp. (TSX-V: ALTA)
- Gross Proceeds: $2.5 million
- Sector: Precious metals
- Units issued: 20 million
- Type: Special units
- Price: $0.125
- Warrants: Full; $0.20; Two years
- Agents: Non-brokered
- Use of Proceeds: Ongoing drilling
Company breakdown:
- Gold junior with projects in west central Brazil
- Its Cajueiro project has NI 43-101 resources of 185,000 ounces of gold
5. Power Nickel Inc. (TSX-V: PNPN)
- Gross Proceeds: $2.75 million
- Sector: Base metals
- Units issued: 4 million; 3 million
- Type: Flow-through units; Special units
- Price: $0.50; $0.25
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Project advancement
Company breakdown:
- Nickel junior with a flagship project Nisk, which it calls "canada's first carbon neutral nickel mine"
- Aims to release an NI 43-101 report in November
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