Announced financings: Oct. 6

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

1. Beyond Oil Ltd. (CSE: BOIL)

• Gross Proceeds: $2 million
• Sector: Food tech
• Units issued: 3.6 million
• Type: Special units
• Price: $0.75
• Warrants: Half; $1.25; One year
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Developed powders that change the way oil fries, extending oil lifespan and "prevent[ing] the development of carcinogenic substances formed during frying operations"
• Has shipped 3.2 tons of product to Oil Solutions Group

2. Eureka Lithium Corp. (CSE: ERKA)

• Gross Proceeds: $1 million
• Sector: Lithium
• Units issued: 2 million
• Type: Special units
• Price: $0.50
• Warrants: Half; $0.65; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Lithium junior with projects in Quebec
• Expecting a fall exploration update soon