Yesterday's announced financings: June 21

June 22, 2023 11:25 AM 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. 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

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