Yesterday's announced financings: July 26

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

1. AJN Resources Inc. (CSE: AJN)

• Gross Proceeds: $4 million
• Sector: Metals
• Units issued: 16 million
• Type: Special units
• Price: $0.25
• Warrants: Full; $0.30; Two years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Exploration junior focused on projects in the Democratic Republic of the Congo
• Recently identified spodumene with pegmatites on its Kabunda South project

2. Inflection Resources Ltd. (CSE: AUCU) 

• Gross Proceeds: $1.5 million
• Sector: Precious metals
• Units issued: 6 million
• Type: Special units
• Price: $0.25
• Warrants: Half; $0.40; 18 months
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Copper-gold focused metals explorer focused on projects in Australia
• Recently began a drill program at its NSW project