Here’s your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. Nouveau Monde Graphite Inc. (TSX-V: NOU)
- Gross Proceeds: US$22 million (bought deal)
- Sector: Graphite
- Units issued: 4.85 million
- Type: Common shares
- Price: US$4.55
- Warrants: None
- Agents: BMO Capital Markets, Cormark Securities
- Use of Proceeds: Project development
Company breakdown:
- Graphite company with the Matawinie project and the Bécancour Battery Material Plant in Québec
- A 2022 feasibility study showed Matawinie has 61.7 million tonnes of Cg at an average grade of 4.23%
- Proceeds will be used "to bring the development of the Matawinie Mine Project and the Bécancour Battery Material Plant Project to a final investment decision and project financing."
2. Western Alaska Minerals Corp. (TSX-V: WAM)
- Gross Proceeds: $8 million
- Sector: Precious metals
- Units issued: 3.4 million
- Type: Special units
- Price: $2.35
- Warrants: Half; $3.15; Three years
- Agents: Agentis Capital Markets, Canaccord Genuity
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Multi-metals explorer with projects in Alaska
- Is planning step-out drilling for its "bonanza" grade silver-zinc-lead Waterpump Creek deposit
- Shares of the company almost doubled in a single day back in last July after reporting drill results on the project
3. Bluesky Digital Assets Corp. (CSE: BTC)
- Gross Proceeds: $663,750
- Sector: Cryptocurrency
- Units issued: 14.75 million
- Type: Special units
- Price: $0.045
- Warrants: Full; $0.065; Two years
- Agents: Non-brokered
- Use of Proceeds: Marketing
Company breakdown:
- Started as a crypto miner and then expanded its R&D efforts to the larger blockchain
- Also invests in AI
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