Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. Vinergy Resources Ltd. (CSE: VIN)
- Gross Proceeds: $850,000
- Sector: Investment issuer
- Units issued: 2.5 million
- Type: Special units
- Price: $0.05
- Warrants: Full; $0.06; One year
- Agents: Non-brokered
- Use of Proceeds: Working capital
Company breakdown:
- Investment issuer in the healthcare, cannabis, manufacturing, and resource sectors
- Recently conducted a 1:5 share rollback
- Lack of other recent news
2. G2 Energy Corp. (CSE: GTOO)
- Gross Proceeds: $700,000
- Sector: Oil and gas
- Units issued: 14 million
- Type: Special units
- Price: $0.05
- Warrants: Full; $0.08; Two years
- Agents: Non-brokered
- Use of Proceeds: Optimizing production
Company breakdown:
- Junior oil and gas producer focused on projects in Texas
- Also did a 1:5 share rollback recently
3. Koios Beverage Corp. (CSE: FIT)
- Gross Proceeds: $272,000
- Sector: Beverages
- Units issued: 5.44 million
- Type: Common shares
- Price: $0.05
- Warrants: Full; $0.05; Two years
- Agents: Non-brokered
- Use of Proceeds: Inventory purchase
Company breakdown:
- Functional beverage company that uses nootropics and organic compounds
- Rolling out its rainbow sherbert "Fit Soda" at Food Lion
- On shelves at WalMart and GNC
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