Yesterday's announced financings: July 31

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

1. TAG Oil Ltd (TSX-V: TAO)

• Gross Proceeds: $11 million
• Sector: Oil and gas
• Units issued: 18.97 million
• Type: Special units
• Price: $0.58
• Warrants: None
• Agents: Research Capital Corp. 
• Use of Proceeds: Ongoing drilling

Company breakdown:

• Oil and gas explorer with projects in the Middle East and North America
• Upsized from $10 million
• Cash position at $19.5 million as of March 31

2. Lake Winn Resources Corp. (TSX-V: LWR)

• Gross Proceeds: $4.5 million
• Sector: Lithium
• Units issued: 29.17 million
• Type: Flow-through units
• Price: $0.12
• Warrants: Full; $0.10; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Lithium exploration junior focused on the Little Nahanni project in the Northwest Territories
• Recently announced that it would be spinning out two of its projects
• Recently also completed 3D modeling at Little Nahanni

3. Element 29 Resources Inc. (TSX-V: ECU)

• Gross Proceeds: $2 million
• Sector: Copper
• Units issued: 13.33 million
• Type: Special units
• Price: $0.15
• Warrants: Full; $0.25; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Copper junior with projects in Peru
• Terminated its May financing in connection with this new one
• Lack of recent news