Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. GoviEx Uranium Ltd. (CSE: GXU)
- Gross Proceeds: $15 million (bought deal)
- Sector: Uranium
- Units issued: 85.71 million
- Type: Special units
- Price: $0.175
- Warrants: Full; $0.25; Two years
- Agents: Eight Capital; Sprott Capital Partners
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Uranium junior focused on projects in Africa
- Its Madaouela project has been pegged with 100 Mlbs of U3O8 measured and indicated and an additional 20 Mlbs inferred
- Recently sold its Falea project to African Energy Inc. for $5.5 million
2. The Fresh Factory BC Ltd. (CSE: FRSH)
- Gross Proceeds: US$1 million
- Sector: CPG
- Units issued: 16,667
- Type: Proportional voting shares
- Price: US$60.00
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Working capital
Company breakdown:
- CPG company focused on food and beverage
- Trying to build a vertically-integrated platform for healthy foods
3. Global Hemp Group Inc. (CSE: GHG)
- Gross Proceeds: $1 million
- Sector: Hemp
- Units issued: 100 million
- Type: Special units
- Price: $0.01
- Warrants: Full; $0.05; Three years
- Agents: EMD Financial Inc.
- Use of Proceeds: Working capital
Company breakdown:
- Company developing sustainable hemp products
- Initially its R&D team is focusing on construction materials, nanofertilizers, and better hemp extraction
4. Hemlo Explorers Inc.
- Gross Proceeds: $1.2 million
- Sector: Precious metals
- Units issued: 8 million; 6.67 million
- Type: Special units; Flow-through units
- Price: $0.075
- Warrants: Full; $0.15; 18 months
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Early-stage junior miner with projects in Ontario
- Recently identified anomalous copper and palladium at its Project Idaho
5. Tru Precious Metals Corp. (TSX-V: TRU)
- Gross Proceeds: $500,000
- Sector: Precious metals
- Units issued: 10 million
- Type: Special units
- Price: $0.05
- Warrants: Full; $0.075 ; Three years
- Agents: Non-brokered
- Use of Proceeds: Drilling
Company breakdown:
- Copper and gold junior with projects in Newfoundland
- Financing is to fund drilling at its Mark's Pond target area at its Golden Rose project
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