Marathon Gold (TSX: MOZ)
Calibre Mining Corp. (TSX: CXB) and Marathon announced the closing of the previously announced C$40 million financing of Marathon
Pursuant to the Private Placement, Calibre acquired 66,666,667 common shares of Marathon at a price of C$0.60 per share for aggregate gross proceeds to Marathon of C$40 million. Continue reading
Cartier Resources (TSX.V: ECR)
Announced that it has completed a non-brokered private placement of aggregate gross proceeds of C$2,700,159 million.
Under the Private Placement, the Company issued 22,501,333 flow through common shares at a price of C$0.12 per FT Share. Continue reading
Calidus Resources (ASX:CAI)
Announced the Company has received firm commitments to raise $20 million (before costs) via a share placement to professional and sophisticated investors through the issue of 29,850,747 shares at a price of $0.67 per share. Continue reading
Banyan Gold Corp.(TSX.V: BYN)
Announced a fully subscribed non-brokered private placement of up to $16,497,799.80 in gross proceeds.
The Private Placement will consist of 16,210,500 Charity Flow Through Shares priced at $0.63, 4,974,000 Flow Through Shares priced at $0.55, and 7,887,744 Shares priced at $0.45. […] Continue reading
Pure Gold Mining (AIM: PUR / TSX.V: PGM)
What a shambles of a story Pure Gold Mining has become, after such a promising start.
A financing at C$0.15 cents per share has dragged down the share price to a new low as the company desperately scrambles to rebuild their treasury. […] Continue reading
The company reported an operations update and guidance for the remainder of 2022, which included the requirement to raise another C$50 million, which spooked the market and the shareprice slumped as a result.
By announcing the financing in advance, the price has sold off and obviously this has disadvantaged current holders as they will be diluted further as a result of a discounted placing. […] Continue reading
Cornish Metals Inc. (TSX.V / AIM: CUSN)
Announced that, subject to approvals, the Company plans to raise gross proceeds of up to £40,500,000 (C$66,800,700).
This comprises one share priced at 18p (C$0.30) per common share and a warrant to purchase one common share priced at 27p (C$0.45) for 36 months. […] Continue reading
Radisson Mining Resources Inc. (TSX-V: RDS)
Announced that it has entered into an agreement with Eight Capital as lead agent and sole bookrunner, on behalf of a syndicate of agents pursuant to which the Corporation has launched a proposed private placement for aggregate gross proceeds for $5,000,000.
This will comprise a combination of flow through shares. Continue reading
Inovio Pharmaceuticals (NASDAQ: INO} have announced at $76 million gross fundraising at $8 per share.
They are issuing 9,500,000 new shares, with an over allotment of 1,425,000 available to the underwriters under a 30 day option. Continue reading
