Friday's announced financing: April 14

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

1. Sun Summit Minerals Corp. (TSX-V: SMN)

• Gross Proceeds: $2.25 million
• Sector: Precious metals
• Units issued: 9.78 million; 9.78 million
• Type: Flow-through units; special units
• Price: $0.12; $0.11
• Warrants: Full; $0.165; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Precious metals junior focused on its flagship Buck project in central British Columbia
• Current 2,000-metre drill program on two new targets is underway
• Highlight grades from previous drilling have included 1.07 g/t au over 109 metres and 49.6 g/t Au over 1.5 metres