Yesterday's announced financings: April 25

April 26, 2023 01:37 PM PST

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

1. Deveron Corp. (TSX-V: FARM)

Gross Proceeds: $5.2 million
Sector: Soil
Units issued: 16.77 million
Type: Common shares
Price: $0.31
Warrants: None
Agents: Non-brokered
Use of Proceeds: M&A

Company breakdown:

Provides soil fertility and carbon sampling services to farmers
Financing is actually an upsize of a financing announced April 14
Financial results expected April 27

2. Baseload Energy Corp. (TSX-V: FIND)

Gross Proceeds: $5 million
Sector: Uranium
Units issued: 10.42 million
Type: Flow-through units
Price: $0.48
Warrants: Half; $0.70; Two years
Agents: Non-brokered
Use of Proceeds: Ongoing exploration

Company breakdown:

Uranium junior focused on projects in the Athabasca Basin
Recently sent a drill crew to its Catharsis project along the prolific Wollaston and Mudjatik trends, part of a 2,000 metre drill program

3. North Peak Resources Ltd. (TSX-V: NPR)

Gross Proceeds: $2 million
Sector: Precious metals
Units issued: 2.72 million
Type: Special units
Price: $0.88
Warrants: None
Agents: Non-brokered
Use of Proceeds: Acquisitions

Company breakdown:

Early-stage junior miner "seeking to acquire historic mining assets in North America"
Recently signed an LOI to acquire the Prospect Mountain mine in Nevada
Management team comes from Kirkland Lake Gold and Rupert Resources

4. Radius Gold Inc. (TSX-V: RDU)

Gross Proceeds: $1.75 million
Sector: Precious metals
Units issued: 10 million
Type: Special units
Price: $0.175
Warrants: Full; $0.35; Two years
Agents: Non-brokered
Use of Proceeds: Ongoing exploration

Company breakdown:

Precious metals junior with projects in Guatemala and Mexico
Recently provided an exploration update for its Radius property, having completed geological mapping and rock chip sampling
Plans to start drilling within 3-4 months