Yesterday's announced financings: March 2

Here’s your roundup of yesterday’s announced financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.

1. Fury Gold Mines Ltd. (TSX: FURY)

• Gross Proceeds: $8.75 million (bought deal)
• Sector: Precious metals
• Units issued: 6.08 million
• Type: Flow-through shares
• Price: $1.44
• Warrants: None
• Agents: Haywood Securities Inc.
• Use of Proceeds: Flow-through expenses

Company breakdown:

• Gold exploration company with projects in Quebec and Nunavut
• Sold its Homestake Ridge to Dolly Varden Silver for $50 million
• Its Eau Claire project has 13 targets heading to drill stage

2. Tearlach Resources Ltd. (TSX-V: TEA)

• Gross Proceeds: $6 million
• Sector: Lithium
• Units issued: 7.5 million
• Type: Special units
• Price: $0.80
• Warrants: Half; $1.10; Two years
• Agents: Sprott Capital Partners; Beacon Securities
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Lithium company with four projects in the pre-drill stage
• Planning bulk sampling at its Gabriel project in Nevada in Q2, where it has a 70 percent ownership in partnership with Blackrock Gold Corp.
• Hope to have a 5,000-metre drill program at Gabriel this year as well

3. Rome Resources Ltd. (TSX-V: RMR)

• Gross Proceeds: $3 million
• Sector: Base metals
• Units issued: 10 million
• Type: Common shares
• Price: $0.30
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Early-stage tin explorer with project in the Democratic Republic of Congo
• Aims to complete a definite feasibility study on the project

4. Playfair Mining Ltd. (TSX-V: PLY)

• Gross Proceeds: $1.4 million
• Sector: Copper
• Units issued: 20 million
• Type: Common shares
• Price: $0.07
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Copper junior with three projects in Norway
• Has applied for mineral rights for its North Østerdalen project