Here’s your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. Aduro Clean Technologies Inc. (CSE: ACT)
- Gross Proceeds: $2.5 million
- Sector: Chemical recycling
- Units issued: 2.15 million
- Type: Special units
- Price: $0.93
- Warrants: Half; $1.30; Two years
- Agents: Non-brokered
- Use of Proceeds: Ongoing research
Company breakdown:
- Developing a technology platform to chemically recycling plastic waste into high value products
- Has completed the mechanical assembly of a continuous flow pilot reactor to upcycle plastic and bitumen
- Has been engaged by Shell GameChanger to advance HCT tech in the commercial space
2. Omineca Mining and Metals INc. (TSX-V: OMM)
- Gross Proceeds: $2 million
- Sector: Precious metals
- Units issued: 20 million
- Type: Flow-through units
- Price: $0.11
- Warrants: Full; $0.14; Three years
- Agents: Research Capital Corp.
- Use of Proceeds: Flow-through expenses
Company breakdown:
- Junior miner exploring underground and hard rock gold projects in the Cariboo district of BC
- Aims to use new technology to recover placer gold under its Wingdam underground project
- Shares have been on the rise since November
3. World Copper Ltd. (TSX-V: WCU)
- Gross Proceeds: $1.25 million
- Sector: Copper
- Units issued: 6.94 million
- Type: Special units
- Price: $0.18
- Warrants: Half; $0.30; Two years
- Agents: Non-brokered
- Use of Proceeds: Working capital
Company breakdown:
- Copper junior focused on two projects, one in Chile and one in Arizona
- Its Escalones project in Chile has an after-tax net present value of $1.5 billion and 46.2 percent IRR
- Has drilled 25,000 metres over 53 holes on the project
4. Global Hemp Group Inc. (CSE: GHG)
Gross Proceeds: $750,000
Sector: Hemp
Units issued: 75 million
Type: Special units
Price: $0.01
Warrants: Full; $0.05; Three years
Agents: Non-brokered
Use of Proceeds: Working capital
Company breakdown:
- Aims to utilize the full hemp plant to create products with environmental impact, and other parts of the plant for other technologies as markets evolve
- Recently reinstated for trading
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