Yesterday's announced financings: May 8

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

1. Revival Gold Inc. (TSX-V: RVG)

• Gross Proceeds: $6.16 million
• Sector: Precious metals
• Units issued: 9.62 million
• Type: Special units
• Price: $0.52
• Warrants: Half; $0.72; Three years
• Agents: Beacon Securities; Paradigm Capital
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior focused on the Beartrack-Arnett project in Idaho, the largest past-producing mine in the state
• Work has begun on a Preliminary Feasibility Study
• 2022 Mineral Resource Estimate pegs the deposit at 65 million tonnes at 1.01 g/t Au containing 2.11 million ounces of gold indicated and 46.2 million tonnes at 1.31 g/t Au containing 1.94 million ounces of gold inferred

2.  Gamelancer Gaming Corp. (CSE: GMNG)

• Gross Proceeds: $10 million
• Sector: Gaming media
• Units issued: 100 million
• Type: Special units
• Price: $0.10
• Warrants: Full; $0.15; Three years
• Agents: Echelon Capital Markets
• Use of Proceeds: Not stated

Company breakdown:

• Produces short-form gaming video content for brands
• Lost $10.7 million in 2022
• Shares peaked in February as the company announced a partnership with TikTok

3. Burcon Nutrascience Corp. (TSX-V: BU)

• Gross Proceeds: $3.3 million
• Sector: Plant-based proteins
• Units issued: 12.74 million
• Type: Special units
• Price: $0.265
• Warrants: Full; $0.35; Three years
• Agents: Non-brokered
• Use of Proceeds: R&D

Company breakdown:

• Develops plant-based proteins for food and beverage
• Recently joined a bid to acquire Merit Functional Foods, which has a dormant facility

4. Dore Copper Mining Corp. (TSX-V: DORE)

• Gross Proceeds: $3 million
• Sector: Precious metals
• Units issued: 8.05 million; 833,336
• Type: Common shares; Flow-through shares
• Price: $0.20; $0.42
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Mid-stage copper junior aiming to restart production at its projects in Québec
• Currently drilling its Chibougamau mining camp near its existing Copper Rand mill
• Recently recovered 93.6% copper in its Corner Bay testwork

5. Idaho Champion Gold Mines Canada Inc. (CSE: ITKO)

• Gross Proceeds: $1 million
• Sector: Battery metals
• Units issued: 7.69 million
• Type: Common shares
• Price: $0.13
• Warrants: None
• Agents: Non-brokered
• Use of Proceeds: Not stated

Company breakdown:

• Battery metals junior with projects in Quebec and Idaho
• Recently moved to acquire the Des Boise lithium project in Quebec
• Changing name to Champion Electric Metals