|
Company |
Sector |
Date |
Estimated Raise |
Terms + Use of Proceeds |
Details |
Chilean Metals
(V.CMX) |
Metals & mining |
October/2019 |
$1.5-million |
Terms: $0.05 per unit. Each unit is one share and a full warrant entitling shareholder to purchase one share for $0.05 for upto two years.
Use of Proceed: TDO Exploration and drill program - 1200-1800 Metres of drilling $500,000
Zulema Magnetics Program $100,000
Legals and Brokerage Fees $150,000
Investor relations $100,000
Land taxes $200,000
Operations $450,000 |
Terry Lynch
CEO
Chilean Metals Inc.
#202, 82 Richmond Street E
Toronto, ON M5C 1P1
Cell (647) 448 8044
Main (416) 900 5445
www.chileanmetals.com
terry@chileanmetals.com |
DXI Energy
(T.DXI) |
Oil & Gas |
October/2019 |
$750,000 |
Terms: Up to 25 000 000 Units consisting of one 1 common share at C $0.03 per share and one 1 Warrant entitling the Holder to acquire an additional share at C $0 .04 per share The Warrants expire one 1 year from Closing.
Use of proceeds: acquire the equipment necessary to convert the Woodrush property into the natural gas methanol |
Simon Raven, P.Geol, MBA
President and CEO
DXI Energy Inc.
sraven@dxienergy.com |
Arizona Silver Exploration
(V.AZS) |
Metals & Mining |
October/2019 |
$700,000 |
Terms: $0.19 per unit and one half of one transferable common share purchase warrant (each, a "Warrant") with each whole Warrant exercisable at a price of $0.27 per share for a period of two years from closing of the private placement.
Use of proceeds: further exploration of the Philadelphia Property in Mohave County and the Ramsey silver mine in La Paz County, both in the state of Arizona, USA, and for general working capital purposes. |
Mike Stark, CEO, President
Arizona Silver Exploration Inc.
604.833.4278
www.arizonasilverexploration.com |
ESE Entertainment
(N/A) |
eGaming |
October/2019 |
$1.5-million |
Terms: $0.25 per share
Use of proceeds: Business expansion, M&A, and working capital |
Zac Dolesky
Investment Associate
Pyfera Growth Capital
Suite 2050 | 1055 W. Georgia St.,
Vancouver, BC | V6E 3P3 | Canada Office: (604) 684 2181 | Direct: (778) 858 5476 |
www.pyferacapital.com |
Interlapse Technologies Corp.
(V.INLA) |
Technology |
October/2019 |
$700,000 |
Terms: The common shares issued under this private placement will be subject to resale restrictions for a period of four months from the closing date.
Use of proceeds: Launch Coincurve into select Asian countries |
Wayne Chen | CEO
(604) 377 0565
wchen@interlapse.com |
Adastra Labs
(N/A) |
Cannabis |
October/2019 |
$3-million |
Terms: $0.45 per unit (1 Share + 1 Warrant, Exercisable at $0.75)
Use of proceeds
• Adastra extraction and post-processing equipment purchase
• Chemia testing equipment purchase
• Facility renovation to meet GMP standards
• Licensing costs
• Initial 12 months of operating funds for Adastra and Chemia
• Working capital for first year
General & Administration
• Marketing & Sales |
Andy Hale
CEO/Co-Founder
C: (778) 980 0655
andy@adastralabs.ca
www.adastralabs.ca |
Lomiko Metals Inc.
(TSXV: LMR | OTC: LMRMF) |
Metals & Mining |
October, 2019 |
$1.75-million flow-through & $1-million non-flow through
Total: $2.75-million |
Terms: 20,000,000 non-FT units at $0.05, includes ½ of a two-year warrant exercisable at $0.07.
35,000,000 FT shares @ $0.05/share
The net proceeds from the Offering of the Units and the gross proceeds from the Offering of FT Shares will be primarily used for: (1) approximately $50,000 for a new Resource Estimate prepared in accordance NI #43-101 regulations which will include recent drill results from the Refractory Zone; (2) approximately $700,000 for completion of work required for a Preliminary Economic Assessment (PEA), including but not limited to, metallurgical/engineering testing and drilling, community relations, testing for conversion to spherical graphite for use in graphite anodes, environmental assessment and extraction and processing cost studies; (3) fund exploration work of $1,125,000 to December 31, 2019, $425,000 on exploration in 2020; and (4) approximately $150,000 to pursue potential off-take partners, fees and for general working capital. While the Company intends to spend the net proceeds from the Offering as stated above, there may be circumstances where, for sound business reasons, funds may be reallocated at the discretion of the Board.
|
Paul Gill
CEO
(604) 729 5312
apaulgill@lomiko.com |
Salvation Botanicals
(N/A)
(STOCKHOUSE SELECT) |
Cannabis/
Psychedelics |
Oct/Nov |
$2-million |
Terms: An up to $650,000 private placement consisting of 5,200,000 units at a price of $0.125 per unit comprising one common share of Rojo and a $0.25 warrant
A subscription receipt financing for 11,000,000 subscription receipts at a price of $0.125 per unit to be held in escrow until transaction is complete. Each unit comprises half a common share and a $0.50 quarter warrant post amalgamation.
Use of proceeds: working capital, listing expenses, contingency |
Darin Carroll
Licenced Dealing Rep
InvestX / Stockhouse
(778) 990 5800
darin.carroll@investx.com |
Neovasc Inc.
(TSX: NVCN) (NASDAQ: NVCN) |
Healthcare |
|
$10-million to $15-million |
Terms: Equity in the context of the market and/or debt on terms to be negotiated
Ongoing execution of value creation strategies for the Tiara, a minimally invasive transcatheter mitral valve replacement technologies and in the development of Reducer, a minimally invasive device for the treatment of refractory angina as well as ongoing corporate activities |
Chris Clark
CFO
cclark@neovasc.com
(604) 270 4344
|
Durango Resources Inc.
(TSXV: DGO | OTCQB: ATOXF) |
Metals & Mining |
Current |
$150,000 BC flow-through & $250,000 hard dollar |
Terms: $150,000 BC FT at $0.09/unit with a full warrant exercisable at $0.15 for 2 years $250,000 hard dollar at $0.06/unit with half-warrant at $0.125 exercisable for 3 years
Use of Proceeds: Drill Mayner's Fortune Limestone in Northern B.C. near $40B Kitimat LNG site |
Marcy Kiesman
CEO
(604) 339 2243 durangoresourcesinc@gmail.com |
GlobeX Data Ltd.
(CSE: SWIS | OTC: SWISF) |
Technology |
TBD |
$2-million |
Terms: $0.25/unit, which includes one share and one purchase warrant exercisable at $0.35 for 36 months
Proceeds will be used for the Company's 2020 Business Development Campaign, software integration with new partners in South Asia and Australia, server maintenance and General and Administrative purposes. |
Alain Ghiai
CEO
corporate@globexdatagroup.com
(604) 558 5134 |
|
Santa Marta Life Sciences Corp. (RTO - Syd Financial Inc. - C.SYDF |
Cannabis |
Current |
$6mn |
Terms: $0.125 per subscription receipt (each subscription receipt being convertible into one pre-Consolidated Syd Share and one pre-Consolidated warrant to purchase one additional Syd Share exercisable at $0.375 per pre-Consolidated Syd Share)
Use of proceeds: Business Development Campaign, software integration, GMP Certification & Associated costs, Construction of Extraction, Processing & R&D Facility, Extraction Equipment and general working capital. |
|
Tres-Or Resources Ltd.
(TSXV: TRS) |
Metals & Mining |
Current |
$600,000 |
Terms: $0.19/unit – each unit consists of one common share and one transferable warrant, exercisable into one common share at $0.28 per share for 36 months. |
Laura Lee Duffett
President & CEO
(604) 541 8376 |
Plexus Technologies
(N/A) |
Energy/Technology |
Current |
$5,000,000 |
Terms: $0.80 per share + 1 warrant exercisable at $1.20 for a period of 2 years.
Use of proceeds: Build-out for Phase 2 facility providing potential for up to 15MW of energy production |
Darin Carroll
Licenced Dealing Rep InvestX / Stockhouse
darin.carroll@investx.com
(778) 990 5800 |
|
Good Gamer Corp. |
eSports, Marketing & Advertising |
Upcoming |
$1.5-million to
$2mn-million |
Terms: To Be Determined
Use of Proceeds: Platform Launch and Growth Capital |
Charles Creighton
CEO
charles@goodgamer.gg
(604) 992 6991 |
|
Digital Asset Management Corp. |
Blockchain / Crypto |
Current |
$5-million to
$10-million |
Terms: $0.15/unit, which includes one common share and one purchase warrant, exercisable at $0.30 for three years
Use of Proceeds: Staking and purchasing crypto currencies (buy POS miners and non-POS miner) |
Drew Martel
VP, Corporate Development
Director & Founder
(778) 231 3546
Drew@damco.io |
World Farms Corp.
(CSE: FARM) pending listing |
Cannabis / Health and Wellness |
Current |
$3-million |
Terms: $0.30/unit, which includes one warrant exercisable at $1.000 for two years. The shares themselves 50% free-trading upon listing; and the remaining 50% will be free-trading 75 days after listing
Use of Proceeds: Finalizing harvests, build out of extraction and working capital |
James T. Bernard
Corporate Communications
(604) 681 1163 james@worldfarmscorp.com
Brendan Mossip Balkwill
Business Development
(604) 681 1163
brendan@worldfarmscorp.com |
Osisko Metals Inc.
(TSXV: OM | OTCQX: OMZNF) |
Metals & Mining |
Current |
$15-million |
Terms: TBD
Use of Proceeds: Royalty buyback |
Paul A. Dumas
Executive VP Finance
(514) 861 4441 | Cell: (514) 994 1069
pdumas@osiskometals.com |
Precipitate Gold Corp.
(TSXV: PRG) |
Metals & Mining |
Current |
$1.5-million |
Terms: $0.13 Unit. Each Unit consisting of 1 share and ½ share purchases warrant. Each full warrant exercisable for additional share at $0.20 for 2 years
Use of Proceeds: Drilling at multiple newly delineated target areas adjacent to one of the largest gold mining operations in the world, Barrick's Pueblo Viejo mine in the Dominican Republic |
Jeffrey Wilson,
President & CEO
(604) 558 0335
jwilson@precipitategold.com |