Friday's announced financings: April 28

May 1, 2023 11:24 AM PST

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

1. Fineqia International Inc. (CSE: FNQ)

  • Gross Proceeds: $1 million
  • Sector: Crypto
  • Units issued: 100 million
  • Type: Special units
  • Price: $0.01
  • Warrants: Full; $0.05; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Invests in early-stage blockchain and crypto finance companies
  • Recently signed an agreement with FTSE Russell, a global index provider

2.  Fathom Nickel Inc. (CSE: FNI)

  • Gross Proceeds: $2 million
  • Sector: Base metals
  • Units issued: 4.17 million; 4.17 million; 4.17 million
  • Type: Flow-through units; Flow-through units; Special units
  • Price: $0.19; $0.155; $0.135
  • Warrants: Full; $0.20; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Nickel junior with the Albert Lake project in Saskatchewan
  • Recently drilled 18.1 metres of 2.43% nickel at Gochager Lake

3. WestKam Gold Corp. (TSX-V: WKG)

  • Gross Proceeds: $150,000
  • Sector: Precious metals
  • Units issued: 1.25 million
  • Type: Special units
  • Price: $0.12
  • Warrants: Full; $0.20; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Gold junior focused on the Will claim in Goldbridge, British Columbia

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