Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.
1. Criterium Energy Ltd. (TSX-V: CEQ)
- Gross Proceeds: $22 million
- Sector: Oil and gas
- Units issued: 110 million
- Type: Subscription receipts
- Price: $0.20
- Warrants: Full; $0.25; Three years
- Agents: Research Capital Corp.
- Use of Proceeds: Drilling
Company breakdown:
- Oil and gas company focused on projects in Southeast Asia
- Financing is part of the company's acquisition of Mont D'Or Petroleum Ltd., which has two production sharing contracts in Indonesia
2. RTG Mining Inc. (TSX: RTG)
- Gross Proceeds: AU$14 million
- Sector: Precious metals
- Units issued: 289.9 million
- Type: Common shares
- Price: $0.05
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Project advancement
Company breakdown:
- Copper and gold junior focused on the Mabilo project in the Philippines
- Proceeds will be used to advance the project toward start-up including a "direct shipping operation"
3. Kiplin Metals Inc. (TSX-V: KIP)
- Gross Proceeds: $3 million
- Sector: Uranium
- Units issued: 15 million
- Type: Special units
- Price: $0.20
- Warrants: Full; $0.25; One year
- Agents: Non-brokered
- Use of Proceeds: Project advancement
Company breakdown:
- Uranium junior with projects on the Athabasca Basin
- Awaiting an exploration permit for its Cluff Lake Road project in Saskatchewan, with summer exploration plans
4. Beacn Wizardry & Magic Inc. (TSX-V: BECN)
- Gross Proceeds: $1 million
- Sector: A/V tech
- Units issued: 5 million
- Type: Special units
- Price: $0.20
- Warrants: Full; $0.45; Three years
- Agents: Non-brokered
- Use of Proceeds: Sales
Company breakdown:
- Develops audio equipment and peripherals for gamers, streamers, and content creators
- Recently extended warrants from a previous financing
- Also recently got its products into its first retail store
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