Source: petrmalinak, 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.
This week we've got a particularly exciting set of top-performing, free-trading private placements, with three non-brokered deals from up and coming companies. Read on for all the details.
Hillcrest Energy Technologies Ltd. (CSE: HEAT) Term Sheet
- Type of financing: Non-brokered
- Gross proceeds: $1.27 million
- Number of units: 25.34 million
- Price per unit: $0.05
- Closing date: 01/07/21
- Today's closing price (May 26): $0.225
- Gains: 350%
- Warrants: Full
- Strike Price: $0.10
- Expiry date: 01/18/23
- Net ROI w/ warrants ($100k investment): $600,000
Company breakdown:
- Previously known as Hillcrest Petroleum, rebranded alongside plans to transition from fossil fuel production to clean tech innovation
- Now leverages payments from a producing oil field in Canada to seed investments in clean energy tech
- Has risen as green tech has gained traction this year, particular following the rebrand
Quantum Numbers Corp. (TSX-V: QNC) Term Sheet
- Type of financing: Non-brokered
- Gross proceeds: $2 million
- Number of units: 40 million
- Price per unit: $0.05
- Closing date: 01/15/21
- Yesterday’s closing price (May 26): $0.185
- Gains: 270%
- Warrants: Full
- Strike Price: $0.15
- Expiry date: 01/15/22
- Net ROI w/ warrants ($100k investment): $340,000
Company breakdown:
- Developer of advanced cryptographic security solutions based on a quantum random number generator
- Aims to work with microprocessor vendors to develop and market encrypted communications solutions
- Has been rising amid hopes to commercialize its tech in Q2
- Received a third-party valuation of its intellectual property which estimated an upper bound of US$3.44 billion
Lithium South Development Corp. (TSX-V: LIV) Term Sheet
- Type of financing: Non-brokered
- Gross proceeds: $1.8 million
- Number of units: 8 million
- Price per unit: $0.225
- Closing date: 01/18/21
- Yesterday’s closing price (March 2): $0.52
- Gains: 195.48%
- Warrants: Full
- Strike Price: $0.35
- Expiry date: 01/18/26
- Net ROI w/ warrants ($100k investment): $206,667
Company breakdown:
- Exploration company focused on the development of its flagship Hombre North lithium brine project in the Salta province of Argentina
- In talks for an upcoming drill contract at Hombre North
- Testwork at the project showed 80% lithium recovery
- Shares rose directly following the $1.8 million private placement, amid strong investor enthusiasm for green tech and lithium specifically
Recent Articles
May 2, 2024
May 1, 2024
Apr 18, 2024