Yesterday's announced financings: June 19

Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.

1. Carolina Rush Corp. (TSX-V: RUSH)

• Gross Proceeds: $3 million
• Sector: Precious metals
• Units issued: 13.33 million
• Type: Special units
• Price: $0.15
• Warrants: Half; $0.20; Three years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior focused on the past-producing Brewer gold mine in South Carolina
• Changed name from Pancontinental on March 2

2. Aluula Composites Inc. (TSX-V: AUUA)

• Gross Proceeds: $3 million (bought deal)
• Sector: Composites
• Units issued: 20 million
• Type: Special units
• Price: $0.15
• Warrants: Full; $0.25; Two years
• Agents: Haywood Securities
• Use of Proceeds: Expansion

Company breakdown:

• Company that creates composites for use in windsports, sailing, outdoor sports, and aerospace
• Changed name from Bastion Square in April

3. Railtown AI Technologies Inc. (CSE: RAIL)

• Gross Proceeds: $2 million
• Sector: AI
• Units issued: 13.33 million
• Type: Special units
• Price: $0.15
• Warrants: Half; $0.25; Three years
• Agents: Non-brokered
• Use of Proceeds: Not stated

Company breakdown:

• Creating AI solutions for software development, automating the role of software engineers