Announced financings: Sept. 8

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

1. E Split Corp. (TSX: ENS)

• Gross Proceeds: $48 million
• Sector: Investing
• Units issued: 2.13 million; 2.13 million
• Type: Common shares; preferred shares
• Price: $12.65; $9.85
• Warrants: None
• Agents: CIBC Capital Markets
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Company that invests in common shares of Enbridge

2. Platinum Group Metals Ltd. (TSX: PTM)

• Gross Proceeds: US$2.5 million
• Sector: Platinum and palladium
• Units issued: 2.12 million
• Type: Common shares
• Price: US$1.18
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Project predevelopment

Company breakdown:

• Owns the Waterberg palladium and platinum project in South Africa
• Announced that it spent US$3.5 million at Waterberg in 9 months back in July

3. Scottie Resources Corp. (TSX-V: SCOT)

• Gross Proceeds: $3.5 million
• Sector: Precious metals
• Units issued: 6 million; 6.52 million
• Type: Flow-through shares; Special units
• Price: $0.33; $0.23
• Warrants: Half; $0.35; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior with the Scottie project and two other properties in the Golden Triangle
• Recently drilled 3.7 metres of 56.4 g/t Au at the Blueberry target

4. Canter Resources Corp. (CSE: CRC)

• Gross Proceeds: $1 million
• Sector: Precious metals
• Units issued: 10 million
• Type: Common shares
• Price: $0.10
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Precious metals junior with an option to acquire a 60% Schotts Lake property in Saskatchewan
• Lack recent news or volume

5. DeepSpatial Inc. (CSE: DSAI)

• Gross Proceeds: $1 million
• Sector: AI
• 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:

• Company that uses artificial intelligence to help clients "enhance their decision-making capabilities"
• Lack of recent news