Yesterday's announced financings: March 22

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

1. Power Nickel Inc. (TSX-V: PNPN)

• Gross Proceeds: $5 million
• Sector: Nickel
• Units issued: 10 million
• Type: Flow-through units
• Price: $0.50
• Warrants: Half; $0.50; One year
• Agents: Non-brokered
• Use of Proceeds: Flow-through expenses

Company breakdown:

• Nickel miner with the Nisk project in Quebec it says has "a clear path to commercial production"
• Recently drilled 10.25 metres of 1.4% nickel at Nisk
• Private placement is oversubscribed

2. Aurion Resources Ltd, (TSX-V: AU)

• Gross Proceeds: $5 million
• Sector: Precious metals
• Units issued: 9.09 million
• Type: Common shares
• Price: $0.55
• Warrants: None
• Agents: Red Cloud Securities Inc.
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior with projects in Finland
• Recently drilled a wide 56.55 metre interval of 2.41 g/t Au at its Risi project
• Has joint ventures with B2Gold and Kinross as well

3. TDG Gold Corp. (TSX-V: TDG)

• Gross Proceeds: $6.5 million
• Sector: Precious metals
• Units issued: 11.11 million; 1.43 million; 3.33 million
• Type: Flow-through units; Flow-through shares; Special units
• Price: $0.45; $0.35; $0.30
• Warrants: Half; $0.42; Three years 
• Agents: Raymond James Ltd.
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Precious metals junior focused on projects in the Toodoggone region in British Columbia
• Completed 5,000 metres of drilling at its Shasta project in 2022 for which we're still awaiting assays, with 6,250 metres planned for 2023
• Plans an additional 8,215 metres of drilling at its Mets mining lease in 2023

4. Kovo Healthcare Corp. (TSX-V: KOVO)

• Gross Proceeds: $4.4 million
• Sector: SaaS
• Units issued: 17.6 million
• Type: Special units
• Price: $0.25
• Warrants: Half; $0.40; Two years 
• Agents: Non-brokered
• Use of Proceeds: Not stated

Company breakdown:

• Focused on its billing-as-a-service platform for healthcare
• Financing is subscribed by Avonlea Ventures #2 Inc.
• Lost $331,000 in its last earnings report (Q3 2022)

5. Golden Shield Resources Inc. (CSE: GSRI)

• Gross Proceeds: $3.5 million
• Sector: Precious metals
• Units issued: 20 million
• Type: Special units
• Price: $0.175
• Warrants: Half; $0.25; Two years 
• Agents: Canaccord Genuity Corp.
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior with projects in Guyana
• Drilling at its Marudi Mountain project hit intervals of 50 metres of 9.1 g/t Au and 31 metres of 7.58 g/t Au
• Marudi Mountain has a historical resource of 350,000 ounces