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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