Yesterday's announced financings: May 1

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

1. Nevada King Gold Corp. (TSX-V: NKG)

• Gross Proceeds: $10 million
• Sector: Precious metals
• Units issued: 11.11 million; 11.11 million
• Type: Common shares
• Price: $0.45
• Warrants: None
• Agents: Non-brokered; Canaccord Genuity
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Junior miner focused on projects on Nevada's Battle Mountain Trend
• Has been drilling its Atlanta project, with intervals including 33.5 metres of 2.35 g/t Au and 47.3 metres of 2.16 g/t Au
• 35,000 metres planned

2.  Kootenay Silver Inc. (TSX-V: KTN)

• Gross Proceeds: $4 million
• Sector: Precious metals
• Units issued: 40 million
• Type: Special units
• Price: $0.10
• Warrants: Full; $0.14; Three years
• Agents: Research Capital Corp.
• Use of Proceeds: Working capital

Company breakdown:

• Junior silver explorer with projects in Chihuahua, Mexico
• Current NI 43-101 mineral estimate says the company hosts 51.5 million ounces of silver measured and indicated
• Eric Sprottowns 8.4% of the company

3. Silver Hammer Mining Corp. (TSX-V: HAMR)

• Gross Proceeds: $3 million
• Sector: Precious metals
• Units issued: 12 million
• Type: Special units
• Price: $0.25
• Warrants: Half; $0.33; Two years
• Agents: Echelon Wealth Partners
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Silver miner with projects in Idaho and Nevada
• Recently filed an NI 43-101 for its Silver Strand project in Idaho
• Also recently submitted its exploration plan for its Eliza project in Nevada

4. Sixty North Gold Mining td. (CSE: SXTY)

• Gross Proceeds: $1.5 million
• Sector: Precious metals
• Units issued: 12.5 million
• Type: Special units
• Price: $0.12
• Warrants: Full; $0.18; Two years
• Agents: Non-brokered
• Use of Proceeds: Not stated

Company breakdown:

• Junior miner focused on the Mon gold property on the Yellowknife Greenstone Belt in the Yukon
• The Mon mine was a historically producing mine from 1989-1997, producing 15,000 ounces of gld
• Company says next step is "finalising underground development, bulk sample, and mill acquisition and installation"

5. Group Eleven Resources Corp. (TSX-V: ZNG)

• Gross Proceeds: $1.5 million
• Sector: Metals
• Units issued: 16.67 million
• Type: Special units
• Price: $0.09
• Warrants: Half; $0.15; Three years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Metals explorer focused on the Ballywire zinc-lead-silver discovery in Ireland
• Recently drilled 44.06 metres of 7 g/t Ag