Here’s your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. Tier One Silver Inc. (TSX-V: TSLV)
- Gross Proceeds: $2.5 million
- Sector: Precious metals
- Units issued: 10 million
- Type: Special units
- Price: $0.25
- Warrants: Full; $0.35; Two years
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Early-stage mining junior focused on projects in Peru
- Reported results from its Hurricane project in February
- Hit 1,129 g/t Ag at its first drill program at the Curibaya project with further drilling planned for this year
2. Gold Line Resources Ltd. (TSX-V: GLDL)
- Gross Proceeds: $1 million
- Sector: Precious metals
- Units issued: 8.33 million
- Type: Special units
- Price: $0.12
- Warrants: Full; $0.25; Two years
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Gold junior with projects in Finland and Sweden
- Drilled 14.55 metres of 2.44 g/t Au at its Paubacken project in February
- Holds the largest land position in Sweden's Gold Line belt
3. Plymouth Rock Technologies Inc. (CSE: PRT)
- Gross Proceeds: $1 million
- Sector: Drones
- Units issued: 16.67 million
- Type: Special units
- Price: $0.06
- Warrants: Full; $0.10; Five years
- Agents: Non-brokered
- Use of Proceeds: Commercialization
Company breakdown:
- Company that designs and delivers a variety of unmanned drones for a variety of uses
- Closed a $1.68 million private placement just last week
- Reinstated for trading in January
4. St. James Gold Corp. (TSX-V: LORD)
- Gross Proceeds: $490,000
- Sector: Precious metals
- Units issued: 4.15 million
- Type: Special units
- Price: $0.12
- Warrants: Full; $0.20; One year
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Gold junior focused on projects in Newfoundland
- A 2021 mineral resource estimate pegged its Florin project with 2.45 million ounces of gold grading 0.45 g/t Au
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