Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.
1. Fireweed Metals Corp. (TSX-V: FWZ)
- Gross Proceeds: $16.8 million
- Sector: Critical minerals
- Units issued: 8.75 million
- Type: Flow-through units
- Price: $1.92
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Zinc and tungsten exploration company with projects in the Yukon and the Northwest Territories
- Recently filed an NI 43-101 for its Mactung project
- Reported 71.89 metres of 6.48% zinc at its Macmillan Pass project
2. Graphene Manufacturing Group Ltd (TSX-V: GMG)
- Gross Proceeds: $3 million
- Sector: Graphene
- Units issued: 1.76 million
- Type: Special units
- Price: $1.70
- Warrants: Half; $2.20; Four years
- Agents: Non-brokered
- Use of Proceeds: Working capital
Company breakdown:
- Company that "crackles" natural gas to produce graphene and hydrogen instead of mining
- Recently added a NA distributor to distribute its Thermal-XR to HVAC markets
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