Announced financings: Sept. 7

September 8, 2023 01:13 PM PST

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

1. Thesis Gold Inc. (TSX-V: TAU)

  • Gross Proceeds: $13 million
  • Sector: Precious metals
  • Units issued: 8.85 million; 3.23 million
  • Type: Premium flow-through shares; Flow-through shares
  • Price: $1.13; $0.93
  • Warrants: None
  • Agents: Clarus Securities Inc.
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Precious metals company that recently merged with Benchmark Metals, with projects in BC
  • Halfway through a 50,000 metre drill program for 2023
  • Recently drilled 16.52 metres of 9.68 g/t AuEq

2. Liberty Defense Holdings Ltd. (TSX-V: SCAN)

  • Gross Proceeds: $5 million
  • Sector: Security solutions
  • Units issued: 25 million
  • Type: Special units
  • Price: $0.20
  • Warrants: Full; $0.30; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Tech production

Company breakdown:

  • Provides security solutions to detect concealed weapons in high-traffic areas
  • Recently completed production of its Hexwave detection system

3. Global Helium Corp. (CSE: HECO)

  • Gross Proceeds: $4 million
  • Sector: Helium
  • Units issued: 16 million
  • Type: Preferred shares
  • Price: $0.25
  • Warrants: Half; Common share price; Five years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing drilling

Company breakdown:

  • Helium exploration junior with with a flagship project in Alberta
  • Drilling an initial appraisal well at the Manyberries helium trend

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