Yesterday's announced financings: June 26

June 27, 2023 01:21 PM 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. 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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