Announced financings: Oct. 23

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

1. Coelacanth Energy Inc. (TSX: CEI)

• Gross Proceeds: $80 million (bought deal)
• Sector: Oil & gas
• Units issued: 100 million
• Type: Special units
• Price: $0.80
• Warrants: 1/3rd; $1.05; Two years
• Agents: Haywood Securities Inc.
• Use of Proceeds: Project advancement

Company breakdown:

• Oil and gas exploration and development company focused on projects in the Two Rivers are of BC
• Has working capital of $24 million

2. Abaxx Technologies Inc. (NEO: ABXX)

• Gross Proceeds: $27 million
• Sector: Financial software
• Units issued: 4.70 million
• Type: Common shares
• Price: $5.75
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: License application

Company breakdown:

• Financial software and majority shareholder of the Abaxx Commodity Exchange and Clearinghouse
• Proceeds will be used "to enable Abaxx to complete its final application for RMO and ACH licenses for Abaxx Exchange and Clearinghouse with the Monetary Authority of Singapore Abaxx"

3. Theralase Technologies Inc. (TSX-V: TLT)

• Gross Proceeds: $5.3 million
• Sector: Pharmatech
• Units issued: 24.01 million
• Type: Special units
• Price: $0.22
• Warrants: Full; $0.28; 5 years
• Agents: Non-brokered
• Use of Proceeds: Clinical study

Company breakdown:

• Pharmaceutical company researching light radiation activated compounds
• Working on a bladder cancer clinical study

4. New Zealand Energy Corp. (TSX-V: NZ)

• Gross Proceeds: $2.28 million
• Sector: Oil and gas
• Units issued: 6 million
• Type: Common shares
• Price: $0.38
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Tarki-5 well

Company breakdown:

• Oil and gas explorer in New Zealand

5. Aurora Spine Corp. (TSX-V: ASG)

• Gross Proceeds: $1.9 million
• Sector: Spinal implants
• Units issued: 6.45 million
• Type: Special units
• Price: $0.30
• Warrants: Full; $0.50; Two years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Spinal implant developer
• Lack of other recent news