Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. F3 Uranium Corp. (TSX-V: FUU)
- Gross Proceeds: $8 million; $2 million
- Sector: Uranium
- Units issued: 17.02 million; 4.26 million
- Type: Flow-through units; Flow-through units
- Price: $0.47; $0.47
- Warrants: Full; $0.165; Two years
- Agents: Red Cloud Securities; Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Uranium company exploring the JR zone discovery on the PLN property
- Drill highlights include 15 metres of 6.97% U3O8
- Team has been involved in the discovery of Fission Uranium's Triple R deposit and the J Zone at Waterbury
2. Mayfair Gold Corp. (TSX-V: MFG)
- Gross Proceeds: $6 million
- Sector: Precious metals
- Units issued: 2.42 million
- Type: Flow-through units
- Price: $2.48
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Gold exploration company focused on the Fenn-Gib project in Ontario
- Recently drilled 1.25 g/t Au over 119.6 metres
- Many other recent intervals show the same wide, open-pit style mineralization
3. Scout Minerals Corp. (CSE: SCTM)
- Gross Proceeds: $8 million
- Sector: Lithium
- Units issued: 2.31 million; 2.5 million
- Type: Superflow-through subscription receipts; flow-through subscription receipts
- Price: $0.65; $0.60
- Warrants: Half; $0.85; Two years
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- New lithium company focused on exploring Nunavik in Quebec
- Acquired a land position on April 13, with plans to drill priority targets over the coming months
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