Yesterday's announced financings: June 13

June 14, 2023 05:13 PM 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. Premium Nickel Resources Ltd. (TSX-V: PNRL)

  • Gross Proceeds: $34 million
  • Sector: Base metals
  • Units issued: 14.77 million
  • Type: Special units
  • Price: $1.10
  • Warrants: 22.5%; $1.4375; Three years
  • Agents: Cymbria, Edgepoint Investment Group
  • Use of Proceeds: Pay off interest

Company breakdown:

  • Base metals explorer focused on nickel, copper, and cobalt projects in Botswana
  • Filed an NI 43-101 for its Selkirk project in April

2. Vox Royalty Corp. (TSX: VOXR)

  • Gross Proceeds: US$7.26 million
  • Sector: Mining royalties
  • Units issued: 3.03 million
  • Type: Common shares
  • Price: US$2.40
  • Warrants: Half; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Acquisitions

Company breakdown:

  • Mining royalty company with over 50 royalties
  • Began trading on TSX on May 29
  • Very low volume

3. A2Z Smart Technologies Corp. (TSX-V: AZ)

  • Gross Proceeds: US$5.87 million
  • Sector: Tech
  • Units issued: 3.26 million
  • Type: Common shares
  • Price: US$1.80
  • Warrants: Half; US$2.20; Two years
  • Agents: Non-brokered
  • Use of Proceeds: Working capital

Company breakdown:

  • Has moved from designing systems for the Israeli defense forces to smart shopping carts
  • Recently received an order for 100 carts from Morton Williams

4. Abcourt Mines Inc. (TSX-V: ABI)

  • Gross Proceeds: $3 million
  • Sector: Precious metals
  • Units issued: 54.55 million
  • Type: Special units
  • Price: $0.055
  • Warrants: Full; $0.10; Three years
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Exploration company focused on projects in Quebec

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