Yesterday's announced financings: July 4

July 5, 2023 10:56 AM 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. 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

 

You May Like