Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. Idaho Champion Gold Mines Canada Inc. (CSE: ITKO)
- Gross Proceeds: $5 million
- Sector: Battery metals
- Units issued: 20 million
- Type: Flow-through units
- Price: $0.20
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Battery metals junior focused on Idaho and Québec
- Recently outlined 17 lithium targets at its Champion project in James Bay
- Recently also closed a $1 million financing
2. Gowest Gold Ltd. (TSX-V: GWA)
- Gross Proceeds: $2 million
- Sector: Precious metals
- Units issued: 11.11 million
- Type: Flow-through units
- Price: $0.18
- Warrants: Full; $0.24; Two years
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Gold junior focused on the North Timmins gold project in Ontario
- The Bradshaw deposit on the project is estimated to contain 1.2M oz of gold easured and indicated
3. TinOne Resources Inc. (TSX-V: TORC)
- Gross Proceeds: $1 million
- Sector: Base metals
- Units issued: 7.69 million
- Type: Special units
- Price: $0.12
- Warrants: Half; $0.25; Two years
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Battery metals and tin junior focused on projects in Tasmania
- Flagship Great Pyramid project has a historical tin resource of 10,000 tons at 0.2%
- Sample grades at its Aberfoyle project include 1.14% Lithium
4. Fabled Silver Gold Corp. (TSX-V: FCO)
- Gross Proceeds: $500,000
- Sector: Precious metals
- Units issued: 10 million
- Type: Special units
- Price: $0.05
- Warrants: Full; $0.10; Two years
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Silver junior focused on projects in Mexico
- Its Santa Maria project has an NI 43-101 resource of 1.1Moz inferred
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