Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.
1. ISM Resources Corp. (CSE: ISM)
- Gross Proceeds: $2 million
- Sector: Metals
- Units issued: 5.71 million
- Type: Flow-through units
- Price: $0.35
- Warrants: Full; $0.70; Two years
- Agents: Non-brokered
- Use of Proceeds: Flow-through expenses
Company breakdown:
- Metals junior with projects in Quebec, Nevada, and British Columbia
- Second financing announced in a week
2. Advance Lithium Corp. (TSX-V: AALI)
- Gross Proceeds: $1 million
- Sector: Lithium
- Units issued: $0.04
- Type: Special units
- Price: $0.08
- Warrants: Full; $0.06; 5 years
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Junior lithium miner focused on projects in Mexico and Kenya
- Recently gave an overview on historical work at its Bathurst project which it is acquiring from Wolfden Resources
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