Announced financings: Sept. 11

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

1. Lavras Gold Corp. (TSX-V: LGC)

• Gross Proceeds: $10.8 million
• Sector: Precious metals
• Units issued: 8 million
• Type: Common shares
• Price: $1.35
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior with the flagship Lavras do Sul project in southern Brazil
• Recently drilled 340 metres of 1.09 g/t Au

2. Hillcrest Energy Technologies Ltd. (CSE: HEAT)

• Gross Proceeds: $5 million
• Sector: Clean tech
• Units issued: 10 million
• Type: Special units
• Price: $0.50
• Warrants: Full; $0.60; Two years
• Agents: Non-brokered
• Use of Proceeds: Product development

Company breakdown:

• Clean tech company that provides control systems and electric power conversion devices
• Recently completed an EV inverter design

3. BonTerra Resources Inc. (TSX-V: BTR)

• Gross Proceeds: $5 million
• Sector: Precious metals
• Units issued: 29.41 million
• Type: Special units
• Price: $0.17
• Warrants: Half; $0.24; Two years
• Agents: Cormark Securities
• Use of Proceeds: Ongoing drilling

Company breakdown:

• Gold junior with projects in Quebec
• In the process of cleaning up the Bachelor mill, sold 630 ounces from it recently
• Resumed exploration activities in July

4. Endurance Gold Corp. (TSX-V: EDG)

• Gross Proceeds: $2.5 million
• Sector: Precious metals
• Units issued: 2.5 million
• Type: Flow-through shares
• Price: $0.22
• Warrants: Half; $0.42; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Precious metals explorer focused on the Reliance project in BC
• Recently drilled 7.6 metres of 7.87 g/t Au

5. NetraMark Holdings Inc. (CSE: AIAI)

• Gross Proceeds: $1.5 million
• Sector: AI
• Units issued: 7.5 million
• Type: Special units
• Price: $0.20
• Warrants: Full; $0.35; Two years
• Agents: Non-brokered
• Use of Proceeds: Sales

Company breakdown:

• Developing AI for the pharmaceutical industry
• Most recent news is financing-related