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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