Yesterday's announced financings: March 21

March 22, 2023 10:33 AM PST

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

1. BCM Resources Corp. (TSX-V: B)

  • Gross Proceeds: $3.12 million
  • Sector: Precious metals
  • Units issued: 12.5 million
  • Type: Special units
  • Price: $0.25
  • Warrants: Full; $0.33; One year
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Precious metals junior with projects in the Great Basin of Utah
  • Flagship is the Thompson Knolls copper-gold discovery, where the company has completed two drill holes in its latest drill company, with a third in progress
  • Recently appointed a new CEO, Dr. Sergei Diakov

2. Carbeeza Inc. (TSX-V: AUTO)

  • Gross Proceeds: $2.5 million
  • Sector: Car buying platform
  • Units issued: 12.5 million
  • Type: Special units
  • Price: $0.20
  • Warrants: Half; $0.25; 18 months
  • Agents: Non-brokered
  • Use of Proceeds: Not stated

Company breakdown:

  • Software company with a platform for the automotive marketplace
  • Uses AI to predict optimize financing situation for consumers
  • Rolling out its newest product, UltraLead, which aims to provide auto dealers to "transform underperforming third party leads into a fully structured, prequalified deal" in Q2

3. American Aires Inc. CSE: WIFI)

  • Gross Proceeds: $2.5 million
  • Sector: EMF protection
  • Units issued: 50 million
  • Type: Special units
  • Price: $0.05
  • Warrants: Full; $0.05; Two years 
  • Agents: Non-brokered
  • Use of Proceeds: Working capital 

Company breakdown:

  • Company that has built a device that modules EMF radiation from phones and other devices, aiming to protect users
  • Sales of $5.8 million in 2022

4. Minehub Technologies Inc. (TSX-V: MHUB)

  • Gross Proceeds: $2 million
  • Sector: Commodity supply chains
  • Units issued: 8 million
  • Type: Special units
  • Price: $0.25
  • Warrants: Half; $0.40; Two years 
  • Agents: Non-brokered
  • Use of Proceeds: Working capital 

Company breakdown:

  • Builds software that aims to make the management of commodity supply chains more efficient
  • Recently acquired Waybridge Technologies, an SaaS platform for commodities, for $3.55 million

5. Heritage Mining Ltd. (CSE: HML)

  • Gross Proceeds: $1.5 million
  • Sector: Metals
  • Units issued: 13 million; 2.22 million
  • Type: Flow-through units; special units
  • Price: $0.10; $0.09
  • Warrants: Full; $0.15; Three years 
  • Agents: Non-brokered
  • Use of Proceeds: Ongoing exploration

Company breakdown:

  • Junior miner with projects in Ontario
  • Sampled 2,330 g/t Au at its Drayton project last November
  • Waiting for further news

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