Yesterday's announced financings: March 6

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

1. Yangarra Resources Ltd. (TSX: YGR)

• Gross Proceeds: $15 million
• Sector: Oil and gas
• Units issued: 5.9 million
• Type: Flow-through shares
• Price: $2.17
• Warrants: None
• Agents: ATB Capital Markets, CIBC Capital Markets
• Use of Proceeds: Flow-through expenses

Company breakdown:

• Medium-sized oil producer with projects in the Western Canada Sedimentary Basin
• 2022 NI-51-101 reserves totalled 144.83 MMboe P+P
• Earned $106 million in 2022

2. Power Metals Corp. (TSX-V: PWM)

• Gross Proceeds: $6.5 million
• Sector: Battery metals
• Units issued: 13.33 million
• Type: Flow-through shares
• Price: $0.57
• Warrants: None
• Agents: Canaccord Genuity Corp.
• Use of Proceeds: Flow-through expenses

Company breakdown:

• Battery metals company with the Case Lake project in northeast Ontario
• In addition to lithium, it aims in particular to mine cesium, a rare mineral used for a wide variety of specific applications
• Shares jumped sharply after the company hit one metre of 20.25 Cs2O at Case Lake in November

3. Blackwolf Copper and Gold Ltd. (TSX-V: BWCG)

• Gross Proceeds: $5 million
• Sector: Precious metals 
• Units issued: 12.50 million; 10.42 million
• Type: Special units; Flow-through shares
• Price: $0.20; $0.24
• Warrants: Half; $0.35; Two years
• Agents: Red Cloud Securities
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Copper and gold junior with projects in southeast Alaska
• Has a 5.85Mt indicated copper-gold-zinc-silver resource at its Niback project
• Recently sampled 37.5 g/t Au at its Hyder project

4. FansUnite Entertainment Inc. (TSX: FANS)

• Gross Proceeds: $2 million
• Sector: Sports betting
• Units issued: 13.75 million
• Type: Special units
• Price: $0.325
• Warrants: Full; $0.12; Three years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Gambling tech company with the Chameleon B2B platform for online bettors and casino players, and a handful of other B2C and B2B brands
• Expects $27.3 million in fiscal 2022 revenue
• Bills itself as "the only at-scale affiliate company focused primarily on the North American opportunity"

5. Volt Carbon Technologies Inc. (TSX-V: VCT)

• Gross Proceeds: $960,000
• Sector: Graphite tech
• Units issued: 12 million
• Type: Special units
• Price: $0.08
• Warrants: Full; $0.16; Two years
• Agents: Non-brokered
• Use of Proceeds: Outstanding payments

Company breakdown:

• Developing "proprietary air classification systems" to separate large-flake graphite
• Also owns the Solid UltraBattery subsidiary focused on developing a solid electrolyte battery