Announced financings: Sept. 13

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

1. Azimut Exploration Inc. (TSX-V: AZM)

• Gross Proceeds: $8 million (bought deal)
• Sector: Precious metals
• Units issued: 2.44 million; 1.90 million
• Type: Flow-through shares; common shares
• Price: $2.05; $1.05
• Warrants: None
• Agents: Paradigm Capital Inc.
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold, copper, nickel, and lithium explorer with projects in Quebec
• Recently resumed exploration work at its Pikwa, Galinee, and Pontois projects
• Identified a pegmatite boulder field at Galinee

2. Golden Arrow Resources Corp. (TSX-V: GRG)

• Gross Proceeds: $1.5 million
• Sector: Precious metals
• Units issued: 21.5 million
• Type: Special units
• Price: $0.07
• Warrants: Full; $0.15; Three years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold-copper-cobalt junior focused on the San Pietro project in Chile
• Recently drilled 64.2 metres of 0.86% copper

3. Nepra Foods Inc. (CSE: NPRA)

• Gross Proceeds: $1 million
• Sector: Plant-based foods
• Units issued: 20 million
• Type: Special units
• Price: $0.05
• Warrants: full; $0.10; Two years 
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Produces plant-based foods
• Recently formed a partnership to provide gluten-free bread products