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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