Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.
1. Quisitive Technology Solutions Inc. (TSX-V: QUIS)
- Gross Proceeds: $6 million (bought deal)
- Sector: Cloud technologies
- Units issued: 17.2 million
- Type: Special units
- Price: $0.35
- Warrants: None
- Agents: Scotiabank, Eight Capital
- Use of Proceeds: Acquisitions
Company breakdown:
- Company that develops Microsoft cloud-based solutions
- Recently added managed detection and response capabilities to its services
- Shares have been on the decline since the beginning of the year
2. Osisko Metals Inc. (TSX-V: OM)
- Gross Proceeds: $3 million
- Sector: Base metals
- Units issued: 7.5 million
- Type: Flow-through shares
- Price: $0.40
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Flow-through expenses
Company breakdown:
- Copper and zinc junior focused on projects in the Northwest Territories
- Its JV project Pine Point has an after-tax net present value of $602 million
3. Vice Health and Wellness Inc. (CSE: VICE)
- Gross Proceeds: $150,000
- Sector: Healthy gummies
- Units issued: 5 million
- Type: Special units
- Price: $0.03
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Not stated
Company breakdown:
- Produces low-sugar, plant-based gummies
Recent Articles
May 2, 2024
May 1, 2024
Apr 18, 2024