Yesterday's announced financings: July 11

July 12, 2023 12:46 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. Vsblty Groupe Technologies Corp. (CSE: VSBY)

  • Gross Proceeds: $3.5 million
  • Sector: Facial recognition security and advertising
  • Units issued: 70 million
  • Type: Special units
  • Price: $0.05
  • Warrants: Full; $0.075; Four years
  • Agents: Non-brokered
  • Use of Proceeds: Expansion

Company breakdown:

  • Company developing SaaS facial recognition tech for security and advertising
  • Reported an operating loss of US$2.9 million in Q3 2023
  • Shares have been on a slow, steady decline for the past year

2. Tribeca Resources Corp. (TSX-V: TRBC)

  • Gross Proceeds: $3 million
  • Sector: Copper
  • Units issued: 9.1 million
  • Type: Special units
  • Price: $0.33
  • Warrants: Half; $0.55; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Copper junior focused on the La Higuera project in northern Chile
  • Recently began trading on the OTCQB

3. Martello Technologies Group Inc. (TSX-V: MTLO)

  • Gross Proceeds: $2.5 million
  • Sector: SaaS
  • Units issued: 50 million
  • Type: Common shares
  • Price: $0.05
  • Warrants: None
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Tech company that provides monitoring solutions to "optimize the Microsoft modern workplace"
  • Lost $25.19 million in fiscal 2023

4. Sage Potash Corp. (TSX-V: SAGE)

  • Gross Proceeds: $1.5 million
  • Sector: Potash
  • Units issued: 4.69 million
  • Type: Special units
  • Price: $0.32
  • Warrants: Half; $0.50; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Potash junior focused on the Sage Plain project in Utah
  • Recently began trading on OTCQB
  • Also recently formed a U.S. subsidiary

5. Ambari Brands IC. (CSE: AMB)

  • Gross Proceeds: $1.5 million
  • Sector: AI beauty tech & products
  • Units issued: 3.75 million
  • Type: Special units
  • Price: $0.40
  • Warrants: Half; $0.50; One year
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Beauty products company developing an online AI beauty tech platform
  • Recently began R&D on its Scarlett beauty AI software

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