Announced financings: Sept. 20

September 21, 2023 10:37 AM PST

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

1. Avila Energy Corp. (CSE: VIK)

  • Gross Proceeds: $3 million
  • Sector: Oil and gas
  • Units issued: 60 million
  • Type: Special units
  • Price: $0.05
  • Warrants: Half; $0.12; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Oil and gas junior with projects in Alberta

2. Cantex Mine Development Corp. (TSX-V: CD)

  • Gross Proceeds: $5 million
  • Sector: Base metals
  • Units issued: 8.93 million; 8.93 million
  • Type: Flow-through units; Special units
  • Price: $0.30; $0.26
  • Warrants: Half; $0.26; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing drilling

Company breakdown:

  • Metals junior focused on the North Rackla projects in the Yukon
  • Drilled 789 g/t Ge at North Rackla in July

3. Goliath Resources Ltd. (TSX-V: GOT)

  • Gross Proceeds: $8.6 million
  • Sector: Precious metals
  • Units issued: 3.85 million; 3.85 million
  • Type: Flow-through units; Flow-through shares
  • Price: $0.67; $0.63
  • Warrants: Half; $0.78; 18 months
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Precious metals explorer with projects in BC's Golden Triangle
  • Recently drilled 23 metres of 21.08 g/t AuEq at its Golddigger project

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