Yesterday's announced financings: March 9

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

1. Lion Rock Resources Inc. (TSX-V: ROAR)

• Gross Proceeds: $1 million
• Sector: Base and precious metals
• Units issued: 10 million
• Type: Special units
• Price: $0.10
• Warrants: Full; $0.15; Two years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Copper-gold junior with the Maybrun project in Northwestern Ontario
• Historic 43,101 resource says the project contains an indicated 151,000 ounces of gold and 66.5 million pounds of copper, with an additional inferred 301,000 ounces of gold and 52.2 million pounds of copper
• Not much news for past several months

2. Freegold Ventures Ltd. (TSX: FVL)

• Gross Proceeds: $15 million
• Sector: Precious and base metals
• Units issued: 37.5 million
• Type: Special units
• Price: $0.40
• Warrants: Half; $0.52; Two years
• Agents: Paradigm Capital Inc.
• Use of Proceeds: Working capital

Company breakdown:

• Gold and copper exploration company with two projects in Alaska
• At the Golden Summit project, the current pit-constrained resource includes 657,000 ounces of gold indicated and 272,000 ounces inferred, based on a new mineral resource estimate released last month

3. Silver Viper Minerals Corp. (TSX-V: VIPR)

• Gross Proceeds: $3 million
• Sector: Precious metals
• Units issued: 30 million
• Type: Special units
• Price: $0.10
• Warrants: Full; $0.20; Two years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Gold and silver explorer focused on projects in Sonora, Mexico
• Has plans in 2023 to expand a 2021 maiden resource estimate on its La Virginia project
• Released an update on mapping and sampling at the project in January