Top-Performing Financings: Feb. 13-20, 2024

February 20, 2024 12:52 PM PST

Here's our latest list of notable financings that went free-trading in the money over the past few days. Read on for all the details.

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.

1. Silverstock Metals Inc. (CSE: STK)

Gross proceeds: $520,000
Number of units: 5.2 million
Unit type: Special units
Price per unit: $0.10
Closing date: Oct. 13, 2023
Today's share price (Feb. 20): $0.30
Deal appreciation: 200%
Warrants: Half
Strike Price: $0.20
Expiry date: 10/13/25

Company breakdown

Metals explorer with projects in British Columbia
Very little information about the company is available, but the stock has been on the rise since the above private placement, though very low volume

2. Vext Science Inc. (CSE: VEXT)

Gross proceeds: $11.5 million
Number of units: 67.65 million
Unit type: Common shares
Price per unit: $0.17
Closing date: Oct. 12, 2023
Today's share price (Feb. 20): $0.35
Deal appreciation: 106%
Warrants: None

Company breakdown

U.S.-based cannabis cultivator with retail operations in Arizona and Ohio
Lost US$1.83 million in Q3 2023
In October, sold one its plants for US$6.5 million, and bought two Ohio dispensaries for US$9.4 million
Ohio legalized pot in November, giving the company a significant boost

3. Sierra Metals Inc. (TSX: SMT)

Gross proceeds: $16.38 million
Number of units: 43.11 million
Unit type: Common shares
Price per unit: $0.38
Closing date: Oct. 13, 2023
Today's share price (Feb. 20): $0.82
Deal appreciation: 116%
Warrants: None

Company breakdown

Mid-tier copper producer with mines in Peru and Mexico
Its Bolivar mine hit record production levels in 2023, while its Yauricocha mine may surpass historical production levels
Both mines are cash flow positive
Shares were quite flat until October, after which its shares took off

4. Goliath Resources Ltd. (TSX-V: GOT)

Gross proceeds: $3.6 million
Number of units: 5.66 million
Unit type: Special units
Price per unit: $0.63
Closing date: Oct.11, 2023
Today's share price (Feb. 20): $0.90
Deal appreciation: 43%
Warrants: Half
Strike Price: $0.78
Expiry date: 11/04/25

Company breakdown

Precious metals junior focused on projects in the Golden Triangle of BC and Abitibi belt of Quebec
Shares rose after the company sampled 101.13 g/t AuEq at its flagship Golddigger project in late January
Also recently drilled drilled 9.7 metres of 10.94 g/t AuEq
Shares were quite flat until October, after which its shares took off