Another Crypto Company Reaps 1000%+ Gains (and Other Top-Performing Financings From This Week)

April 20, 2021 03:17 PM PST

Source: LookerStudio, Shutterstock.com

Note: PrivatePlacements.com has NOT received compensation from any of the companies listed below in connection with this message, nor is the writer an investor in any company listed.

Every week, financings become free-trading and generate mind-blowing returns for investors, and this week was no different. Here, we dig into three of the most interesting, including offerings from yet another crypto company reaping 1000%+ gains, a wireless provider whose shares took off overnight, and an up-and-coming junior miner.

Voyager Digital Ltd. (CSE: VYGR) Term Sheet

  • Type of financing: Brokered
  • Gross proceeds: $8 million
  • Number of units: 5.37 million
  • Price per unit: $1.50
  • Closing date: 12/15/20
  • Yesterday’s closing price (March 25): $21.35
  • Gains: 1322%
  • Warrants: Half
  • Strike Price: $2.50
  • Expiry date: 12/15/22
  • Net ROI w/ warrants ($100k investment): $1.95 million

Company breakdown:

  • Voyager's flagship product is an app that gives users access to over a dozen cryptocurrency exchanges
  • Voyager's total assets under management exceeded US$2.4 billion as of March 31
  • Shares rose massively between January and April, as Bitcoin was peaking and crypto enthusiasm reached a high point

NuRAN Wireless Inc. (CSE: NUR) Term Sheet

Type of financing: Non-brokered

  • Gross proceeds: $400,000
  • Number of units: One million
  • Price per unit: $0.40
  • Closing date: 12/15/2020
  • Yesterday’s closing price (March 2): $2.05
  • Gains: 413%
  • Warrants: Full
  • Strike Price: $0.50
  • Expiry date: 6/15/22
  • Net ROI w/ warrants ($100k investment): $412,500

Company breakdown:

  • Provides wireless solutions to remote and rural areas
  • Shares rose from 39.5 cents to $2.70 in a single day back in early February after the company announced a $500 million network as a service agreement with Orange DRC in the Democratic Republic of the Congo
  • Contract is to construct and operate 2,000 NuRAN towers over the next 40 months in the country, with a particular focus on rural communities with populations lower than 5,000 people
  • NuRAN expanded the agreement in March, with Orange exercising an option to ad an additional 120 networking sites in Cameroon

Goliath Resources Ltd. (TSX-V: GOT) Term Sheet

  • Type of financing: Non-brokered
  • Gross proceeds: $1.83 million
  • Number of units: 2.53 million
  • Price per unit: $0.19
  • Closing date: 12/11/20
  • Yesterday’s closing price (March 2): $0.78
  • Gains: 310%
  • Warrants: Full
  • Strike Price: $0.285
  • Expiry date: 12/11/22
  • Net ROI w/ warrants ($100k investment): $571,000

Company breakdown:

  • Junior miner with projects in the Golden Triangle of British Columbia and the Abitibi Greenstone Belt in Quebec
  • Shares have risen since the company sampled 10 metres of 14.11 gold-equivalent grams per tonne (g/t AuEq) at its Golddigger project
  • Later sampled 15.1 metres of 13.05 g/t AuEq at Golddigger
  • Sprott acquired an 8.5% interest back in February

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