Here’s your roundup of announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.
1. Uranium Royalty Corp. (TSX-V: URC)
- Gross Proceeds: US$30 million (bought deal)
- Sector: Uranium royalties
- Units issued: 10.21 million
- Type: Special units
- Price: $2.94
- Warrants: Half; $1.25; One year
- Agents: BMO Capital Markets
- Use of Proceeds: Physical uranium purchases
Company breakdown:
- Uranium royalty company that also purchases physical uranium
- Recently acquired U.S. uranium portfolio from Anfield Energy Inc.
- Proceeds from this offering will be used to acquire physical uranium
2. Denison Mines Corp. (TSX: DML)
- Gross Proceeds: US$55 million
- Sector: Uranium
- Units issued: 37 million
- Type: Special units
- Price: $1.49
- Warrants: None
- Agents: Cantor Fitzgerald Canada
- Use of Proceeds: Project advancement
Company breakdown:
- Uranium exploration company with a flagship project on the Athabasca Basin
- Recently announced a $15 million investment in F3
- Also recently signed a "shared prosperity agreement" with the English River first nation
3. Mayfair Gold Corp. (TSX-V: MFG)
- Gross Proceeds: $11 million
- Sector: Precious metals
- Units issued: 2.38 million; 2.04 million
- Type: Common shares; flow-through shares
- Price: $2.10; $2.94
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Project advancement
Company breakdown:
- Gold junior focused on the Fenn-Gib project in Northern Ontario
- Recently drilled 1.44 g/t Au over 49.5 metres at Fenn-Gib
4. Neo Battery Materials Ltd. (TSX-V: NBM)
- Gross Proceeds: $5 million
- Sector: Battery materials
- Units issued: 15.65 million
- Type: Special units
- Price: $0.32
- Warrants: Full; $0.75; Two years
- Agents: Non-brokered
- Use of Proceeds: Plant development
Company breakdown:
- Battery materials tech company focused on developing silicon anode materials for lithium-ion batteries
- Recently halted TSX-V halt for its change of business into a technology issuer
5. LithiumBank Resources Corp. (TSX-V: LBNK)
- Gross Proceeds: $2 million
- Sector: Lithium
- Units issued: 2 million
- Type: Special units
- Price: $1.00
- Warrants: Half; $1.50; Two years
- Agents: Non-brokered
- Use of Proceeds: Working capital
Company breakdown:
- Lithium junior with projects in western Canada
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