Five junior financings from October 14 to 16. The biggest gave buyers no warrant and about C$50 million of free trading stock. The cheapest paid in warrants. And one lender took shares about 30% below its own conversion price.
Deals Desk · 2d ago
Deals Desk · 3d ago
Mining Desk · 3d ago
Markets Desk · 3d ago
Mining Desk · 3d ago
Deals Desk · 3d ago
Technology Desk · 3d ago
Energy Desk · 3d ago
Energy Desk · 3d ago
Dilution Watch. Discount to the prior close, where the company disclosed it.
| Company | Deal | Size | Price | Discount | Warrant |
|---|---|---|---|---|---|
| San Lorenzo GoldTSXV: SLG · Brokered LIFE + non-LIFE, upsized (announced) | Brokered LIFE + non-LIFE, upsized (announced)Doubled from C$40M same day | $80.0M | $5.30 | – | None |
| Defense MetalsTSXV: DEFN · LIFE + non-LIFE units, 1st tranche (closed) | LIFE + non-LIFE units, 1st tranche (closed)Units x price implies C$5.46M | $3.6M | $0.14 | – | Half at $0.21 |
| FeralX SystemsTSXV: FRLX · Units, listing financing (closed) | Units, listing financing (closed)Lists Oct 19 | $5.4M | $0.60 | – | Half at $1.00 |
| Rocky Shore GoldCSE: RSG · Non-brokered FT, final tranche (closed) | Non-brokered FT, final tranche (closed)Total of all tranches; insiders in | $5.2M | $0.15 | – | None |
| ATERRA MetalsCSE: ATC · Brokered LIFE (closed) | Brokered LIFE (closed)6.67M broker warrants at $0.06 | $8.4M | $0.06 | – | None |
| Atico MiningTSXV: ATY · Convertible debenture (closed) | Convertible debenture (closed)Trafigura; debt also settled at US$0.1548 | US$16.4M | US$0.22 | – | None |