Here’s your roundup of yesterday's announced equity financings, courtesy of PrivatePlacements.com: the only database that tracks every financing, every day.
1. Filo Mining Corp. (TSX: FIL)
- Gross Proceeds: $100 million
- Sector: Precious metals
- Units issued: 4.74 million
- Type: Common shares
- Price: $21.10
- Warrants: None
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Exploration company focused on the Filo Del Sol project in San Juan, Argentina
- Recently drilled 1,363 metres of 0.77% copper
- Spent $34.3 million on exploration in Q1
2. Nextgen Food Robotics Corp. (NEO: NGRB)
- Gross Proceeds: $1 million
- Sector: AI
- Units issued: 3.23 million
- Type: Special units
- Price: $0.31
- Warrants: Half; $0.40; One year
- Agents: Non-brokered
- Use of Proceeds: Capital expenditures
Company breakdown:
- Automated food co-packer developing a an AI chat platform designed to help consumers order food and for manufacturers to anticipate what consumers want
- Says this "Lily" app will be done by mid-July
3. Radisson Mining Resources Inc. (TSX-V: RDS)
- Gross Proceeds: $2 million
- Sector: Precious metals
- Units issued: 4.32 million
- Type: Flow-through units
- Price: $0.31
- Warrants: Full; $0.27; 18 months
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Gold junior focused on its O'Brien project in Quebec
- Recently filed an NI 43-101 resource estimate on the project, with 501,000 ounces of gold indicated and 449,000 ounces inferred
4. Molten Metals Corp. (CSE: MOLT)
- Gross Proceeds: $500,000
- Sector: Base metals
- Units issued: 6.25 million
- Type: Special units
- Price: $0.08
- Warrants: Full; $0.18; Two years
- Agents: Non-brokered
- Use of Proceeds: Working capital
Company breakdown:
- Junior miner exploring for antimony and tin in in Slovakia and Nova Scotia
- Began trading on the CSE in August
Recent Articles
May 2, 2024
May 1, 2024
Apr 18, 2024