Yesterdays' announced financings: April 3

April 5, 2023 09:58 AM PST

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

You May Like