Yesterday's announced financings: May 4

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

1. Signal Gold Inc. (TSX: SGNL)

• Gross Proceeds: $7 million
• Sector: Precious metals
• Units issued: 16.67 million; 5.56 million
• Type: Special units; Flow-through units
• Price: $0.30; $0.36
• Warrants: Half; $0.45; 18 months
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold miner focused on the Goldboro project in Nova Scotia
• Recently announced financial results, lost $2.79 million in Q1
• Produced 1,384 ounces of gold in Q1 as well

2.  Relevant Gold Corp. (CSE: RGC)

• Gross Proceeds: $3 million
• Sector: Precious metals
• Units issued: 12 million
• Type: Special units
• Price: $0.25
• Warrants: Half; $0.35; Three years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior focused on projects in Wyoming
• Recently sampled 4.1 g/t gold in trench sampling at its Golden Buffalo project
• Hit 83.8 g/t Au over 1 metres at Golden Buffalo in its first drill program

3. Gold Terra Resource Corp. (TSX-V: YGT)

• Gross Proceeds: $6 million
• Sector: Precious metals
• Units issued: 30 million; 26.09 million
• Type: Special units; Flow-through shares
• Price: $0.12; $0.36
• Warrants: None
• Agents: BMO Capital Markets
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Precious metals junior with projects near Yellowknife in the Northwest Territories
• Drilled six metres of 3.06 g/t Au at its Con project
• Began a deep drilling project on April 25

4. Goldsource Mines Inc. (TSX-V: GXS)

• Gross Proceeds: $2 million
• Sector: Precious metals
• Units issued: 5.56 million
• Type: Special units
• Price: $0.36
• Warrants: Half; $0.55; Five years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior focused on its Eagle Mountain project in Guyana
• Recently hit 7.5 metres of 7.27 g/t Au and 18 metres of 3.8 g/t Au
• 2022 resource estimate showed 1.2 million ounces indicated and 582,000 ounces of gold

5. Kuuhubb Inc. (TSX-V: KUU)

• Gross Proceeds: $1 million
• Sector: Mobile games
• Units issued: 20 million
• Type: Common shares
• Price: $0.05
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Not stated

Company breakdown:

• Develops mobile games for women