Yesterday's announced financings: August 8

August 9, 2023 01:16 PM PST

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

1. Firefox Gold Corp. (TSX-V: FFOX)

  • Gross Proceeds: $1.4 million
  • Sector: Precious metals
  • Units issued: 20 million
  • Type: Special units
  • Price: $0.07
  • Warrants: Full; $0.10; Two years
  • Agents: Non-brokered 
  • Use of Proceeds: Ongoing drilling

Company breakdown:

  • Precious metals junior with projects in Finland
  • Recently drilled 7.05 metres of 4.77 g/t Au and 20.4 metres of 5.1 g/t Au at its Mustajarvi project

2. Aztec Minerals Corp. (TSX-V: AZT)

  • Gross Proceeds: $1 million
  • Sector: Precious metals
  • Units issued: 4.44 million
  • Type: Special units
  • Price: $0.225
  • Warrants: Half; $0.30; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Junior miner focused on the Cervantes project in Sonora and the Tombstone project in Arizona
  • Recently drilled 42.1 metres of 0.4 g/t Au and 30.79 g/t at its Tombstone project

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