Here’s your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. Snowline Gold Corp. (CSE: SGD)
- Gross Proceeds: $19.16 million
- Sector: Precious metals
- Units issued: 3.94 million
- Type: Flow-through shares
- Price: $4.862
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Flow-through expenses
Company breakdown:
- Junior miner with projects in the Yukon
- Financing is fully subscribed by B2Gold
- The company controls over 72,000 hectares across the Selwyn Basin
2. Klondike Gold Corp. (TSX-V: KG)
- Gross Proceeds: $3 million
- Sector: Precious metals
- Units issued: 14.29 million; 17.39 million
- Type: Special units; Flow-through units
- Price: $0.105; $0.115
- Warrants: Full; $0.20; Two years
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Junior exploration company focused on projects around Dawson City, Yukon
- Recently drilled 0.60 grams of gold per tonne over 27.85 metres
- Maiden resource estimate showed 580,000 pit-constrained ounces
3. Zimtu Capital Corp. (TSX-V: ZC)
- Gross Proceeds: $1.5 million
- Sector: Resource company seeding
- Units issued: 18.75 million
- Type: Special units
- Price: $0.08
- Warrants: Full; $0.10; Three years
- Agents: Non-brokered
- Use of Proceeds: Investments
Company breakdown:
- Investment issuer and company builder focused on private small-cap resource companies
- Also acquires mineral properties and sells them to resource companies
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