Announced financings: Oct. 2

October 3, 2023 11:41 AM PST

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

1. TDG Gold Corp. (TSX-V: TDG)

  • Gross Proceeds: $2.75 million
  • Sector: Precious metals
  • Units issued: 16.18 million
  • Type: Common shares
  • Price: $0.17
  • Warrants: None
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Gold junior with projects in British Columbia
  • Recently drilled 9.2 metres of 8.95 g/t Au at its Mets project
  • Also recently resampled 100.3 metres of 1.23 g/t AuEq at its Toodoggone project

2. BZAM Ltd. (CSE: BZAM)

  • Gross Proceeds: $2 million
  • Sector: Cannabis
  • Units issued: 15.38 million
  • Type: Special units
  • Price: $0.13
  • Warrants: Full; $0.18; Three years
  • Agents: Clarus Securities
  • Use of Proceeds: Working capital

Company breakdown:

  • Canadian cannabis producer with a focus on branded consumer goods
  • Recently sold its Maple Ridge facility for $3.8 million
  • Recently merged with the Green Organic Dutchman Holdings Inc.

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