Here’s your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. Jericho Energy Ventures Inc. (CSE: JEV)
- Gross Proceeds: $2 million
- Sector: Energy
- Units issued: 7.69 million
- Type: Special units
- Price: $0.26
- Warrants: Full; $0.50; Two years
- Agents: Non-brokered
- Use of Proceeds: Working capital
Company breakdown:
- Leverages oil and gas production for cash flow while investing in decarbonization tech
- Invests in early-stage energy transition companies working on hydrogen power technology
- Portfolio includes companies H2U, Supercritical, and Hydrogen Technologies
2. Cabral Gold Inc. (TSX-V: CBR)
- Gross Proceeds: $2 million
- Sector: Precious metals
- Units issued: 20 million
- Type: Special units
- Price: $0.10
- Warrants: Full; $0.20; Two years
- Agents: Non-brokered
- Use of Proceeds: Outstanding debts
Company breakdown:
- Gold junior focused on the Cuiú Cuiú project in northern Brazil, in the Amazon
- Project contains 2.1 Moz gold measured and indicated.
- Also exploring a number of other projects in the region
3. Eat & Beyond Global Holdings Inc. (CSE: EATS)
- Gross Proceeds: $830,540
- Sector: Alternative foods
- Units issued: 4.15 million
- Type: Common shares
- Price: $0.20
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Investment opportunities
Company breakdown:
- Provides access to companies providing alternative food sources, like plant-based proteins
- Invests in seed rounds through Series A and B
- Has 13 active investments, with one exit up 512%
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