Yesterday's announced financings: April 24

Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.

1. Nickel Creek Platinum Corp. (TSX: NCP)

• Gross Proceeds:  $1.8 million
• Sector: Base metals
• Units issued: 40 million
• Type: Special units
• Price: $0.045
• Warrants: Half; $0.08; Three years
• Agents: Non-brokered
• Use of Proceeds: Prefeasibility study 

Company breakdown:

• Base metals junior focused on turning its Nickel Shäw project in the Yukon into a world-class nickel mine
• Project is host to 1.8 billion pounds of nickel, 1.1 billion pounds of copper, and 5.7 billion pounds of platinum-group metals
• Electrum Strategic Opportunities, the company's largest shareholder, offered to backstop up to $1.25 million of the financing

2.  Majuba Hill Copper Corp. (CSE: JUBA)

• Gross Proceeds: $1.5 million
• Sector: Copper
• Units issued: 10 million
• Type: Special units
• Price: $0.15
• Warrants: Full; $0.40; One year
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Copper-gold-silver miner focused on the Majuba Hill project located in Nevada
• Company conducted drill programs in 2020 and 2021
• Historic grades include 113 metres of 0.45% coppe and 123 metres of 8.5 g/t silver

3. Mednow Inc. (TSX-V: MNOW)

• Gross Proceeds: $1 million
• Sector: Online pharmacy
• Units issued: 2.33 million
• Type: Special units
• Price: $0.43
• Warrants: Full; $0.65; Five years
• Agents: Gravitas Securities Inc.
• Use of Proceeds: Working capital

Company breakdown:

• Full-service online pharmacy in Canada
• Lost $4.24 million in Q2 2023

4. VPN Technologies Inc (CSE: VPN)

• Gross Proceeds: $750,000
• Sector: VPN services
• Units issued: 15 million
• Type: Special units
• Price: $0.05
• Warrants: Half; $0.075; One year
• Agents: Non-brokered
• Use of Proceeds: Research and development

Company breakdown:

• Internet privacy company that uses AI and VPN technologies
• Lack of recent news

5. Highway 50 Gold Corp. (TSX-V: HWY)

• Gross Proceeds: $250,000; $300,000
• Sector: Precious metals
• Units issued: 1.67 million; 2 million
• Type: Flow-through shares; Special units
• Price: $0.15; $0.15
• Warrants: Full; $0.20; Two years
• Agents: Non-brokered
• Use of Proceeds: Drilling

Company breakdown:

• Precious metals junior focused on projects in Nevada
• Lack of recent news