Announced financings: Sept. 21

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

1. Earthworks Industries Inc. (TSX-V: EWK)

• Gross Proceeds: $5 million
• Sector: Integrated waste handling
• Units issued: 25 million
• Type: Special units
• Price: $0.20
• Warrants: Full; $0.40; Two years
• Agents: Haywood Securities Inc.
• Use of Proceeds: Working capital

Company breakdown:

• Working on the Cortina integrated waste handling project in California to address increased disposal demand
• Pegs its Cortina project with a net-present value of US$158 million

2. Sanu Gold Corp. (CSE: SANU)

• Gross Proceeds: $3.45 million
• Sector: Precious metals
• Units issued: 69 million
• Type: Common shares
• Price: $0.05
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior with projects in Guinea, West Africa
• Recently sampled 40 metres of 1.2 g/t Au

3. InnoCan Pharma Corp. (CSE: INNO)

• Gross Proceeds: $3 million
• Sector: Pharmaceutical tech
• Units issued: 10 million
• Type: Special units
• Price: $0.30
• Warrants: Full; $0.36; Three years
• Agents: Research Capital Corp.
• Use of Proceeds: Investigational drug meeting

Company breakdown:

• Pharma company working on drug delivery technologies
• Main platform is a liposomal CBD delivery for epilepsy and pain management

4. Gold Line Resources Ltd. (TSX-V: GLDL)

• Gross Proceeds: $2 million
• Sector: Precious metals
• Units issued: 20 million
• Type: Special units
• Price: $0.10
• Warrants: Half; $0.20; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing drilling

Company breakdown:

• Gold junior focused on projects in Sweden and Finland
• Awaiting results from its 2023 exploration program on its Paubacken and Storjuktan projects
• Recently appointed Taj Singh as CEO

5. Envirometal Technologies Inc. (CSE: ETI)

• Gross Proceeds: $1 million
• Sector: "Green" metals tech
• Units issued: 20 million
• Type: Special units
• Price: $0.05
• Warrants: Full; $0.10; One year
• Agents: Non-brokered
• Use of Proceeds: Engineering and design studies

Company breakdown:

• Focused on developing and commercializing more efficient ways to extract metals from ores