Announced financings: Oct. 18

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

1. Chakana Copper Corp. (TSX-V: PERU)

• Gross Proceeds: $2.2 million
• Sector: Precious metals
• Units issued: 55 million
• Type: Special units
• Price: $0.04
• Warrants: Full; $0.06; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Copper junior with projects in Peru
• Its Soledad project has an initial inferred resource of 191,000 ounces of gold, 11.7 million ounces of silver, and 130 million pounds of copper

2. Core Assets Corp. (CSE: CC)

• Gross Proceeds: $3 million
• Sector: Metals
• Units issued: 8.33 million; 14.29 million
• Type: Special units
• Price: $0.12; $0.14
• Warrants: Full; $0.22; Two years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Metals junior with projects in the Yukon
• Recently drilled 8 metres of 1,030 g/t Ag, 32.4% Pb+Zn, and 1.16% copper at its Gally project

3. Talisker Resources Ltd. (CSE: TSK)

• Gross Proceeds: $3.5 million
• Sector: Precious metals
• Units issued: 5.38 million; 5.38 million
• Type: Flow-through units; Special units
• Price: $0.35; $0.30
• Warrants: Half; $0.50; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Junior gold company with projects in British Columbia
• In the process of building an entry portal for its Bralorne project

4. Canadian Gold Corp. (TSX-V: CGC)

• Gross Proceeds: $2.25 million
• Sector: Precious metals
• Units issued: 6.01 million; 6.01 million
• Type: Special units; Flow-through units
• Price: $0.12; $0.14
• Warrants: Half; $0.22; Two years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Precious metals junior focused on projects in Manitoba
• $500,000 of the financing is subscribed by Rob McEwen, the company's largest shareholder