Friday's announced financings: March 17

March 20, 2023 12:47 PM PST

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

1. Jourdan Resources Inc. (TSX-V: JOR)

  • Gross Proceeds: $3 million
  • Sector: Lithium
  • Units issued: 42.86 million
  • Type: Special units
  • Price: $0.07
  • Warrants: Half; $0.10; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Lithium junior focused on projects in Quebec
  • Has 3,000 metres of drilling planned soon for its Baillarge project, and extensive mining planned for its JV with North American Lithium Vallee project
  • Has completed over 11,900 metres of drilling since 2021

2. Voltage Metals Corp. (TSX-V: VOLT)

  • Gross Proceeds: $500,000
  • Sector: Nickel
  • Units issued: 16.67 million
  • Type: Common shares
  • Price: $0.03
  • Warrants: None
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Nickel junior with projects in Ontario and Newfoundland
  • A 2016 resource estimate at its St. Laurent project shows 3.5 million tonnes indicated at 1.56% nickel, 0.17% copper, 0.03% cobalt, 0.34 g/t platinum, and 0.84 g/t palladium
  • Company recently drilled 51.8 metres of 0.24% nickel at St. Laurent

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