Here’s your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. C3 Metals Inc. (TSX-V: CCCM)
- Gross Proceeds: $5 million
- Sector: Precious metals
- Units issued: 100 million
- Type: Common shares
- Price: $0.05
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Working capital
Company breakdown:
- Gold and copper junior with projects in Peru and Jamaica
- Maiden resource estimate for its Jasperoide project is expected in Q2 2023
- Drilled 12.9 metres of 0.24% copper at its Arthurs Seat project in late March
2. Clearmind Medicine Inc. (CSE: CMND)
- Gross Proceeds: US$3.5 million
- Sector: Psychedelics
- Units issued: 4.5 million
- Type: Special units
- Price: US$0.78
- Warrants: Full; US$0.78; Five years
- Agents: Aegis Capital Corp.
- Use of Proceeds: Working capital
Company breakdown:
- Psychedelics company that aims to develop new medicines
- Aims to use MEAI to cure alcohol use disorder
3. Kodiak Copper Corp. (TSX-V: KDK)
- Gross Proceeds: $6.5 million
- Sector: Copper
- Units issued: 1.5 million; 3.7 million; 833,333; 418,498
- Type: Flow-through units; Special units; Flow-through units; Special units
- Price: $1.32; $0.81
- Warrants: Half; $1.10; Two years
- Agents: Cormark Securities Inc.; Non-brokered
- Use of Proceeds: Working capital
Company breakdown:
- Gold and copper junior with projects in B.C. and Arizona
- Announced it has moved its staff to its MPD project in B.C. for exploration
- 25,000 metres of drilling is planned for 2023
4. ChitogenX Inc. (CSE: CHGX)
- Gross Proceeds: $2.5 million
- Sector: Biotech
- Units issued: 12.5 million
- Type: Special units
- Price: $0.20
- Warrants: Full; $0.35; Five years
- Agents: Non-brokered
- Use of Proceeds: Clinical trials
Company breakdown:
- Biotech company that aims to use regenerative medicine to repair rotator cuff and meniscus injuries
- Proceeds from the offering will be used for its rotator cuff tear repair phase I and II clinical trial program
5. Koios Beverage Corp. (CSE: FIT)
- Gross Proceeds: $1.67 million
- Sector: Supplements
- Units issued: 33.45 million
- Type: Special units
- Price: $0.05
- Warrants: Full; $0.05; Two years
- Agents: Non-brokered
- Use of Proceeds: Purchases
Company breakdown:
- Company that creates brain supplement drinks
- Shares plummeted in May 2022
Recent Articles
May 2, 2024
May 1, 2024
Apr 18, 2024