$1.21M ROI on a $100,000 Investment in a Salt Mining Financing

June 14, 2021 03:54 PM PST

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Note: PrivatePlacements.com has NOT received compensation from any of the companies listed below in connection with this message, nor is the writer an investor in any company listed.

This week we've got a particularly exciting set of top-performing, free-trading private placements, with three non-brokered deals from up and coming companies. Read on for all the details.

Red Moon Resources Inc. (TSX-V: RMK) Term Sheet

  • Type of financing: Non-brokered
  • Gross proceeds: $700,00
  • Number of units: 7 million
  • Price per unit: $0.10
  • Closing date: 02/10/21
  • Today's closing price (June 1): $0.93
  • Gains: 830%
  • Warrants: Half
  • Strike Price: $0.17
  • Expiry date: 02/10/23
  • Net ROI w/ warrants ($100k investment): $1.21 million

 

Company breakdown:

  • Owner of one of North America's largest shallow salt deposits, located in Newfoundland
  • NI 43-101 resource estimate pegged the project with 1.47 billion tonnes inferred at 95.3% NaCl
  • Began to rise shortly after closing the financing, amid another private placement

Valdor Technology International Inc. (TSX-V: VTI) Term Sheet

  • Type of financing: Non-brokered
  • Gross proceeds: $3 million
  • Number of units: 60 million
  • Price per unit: $0.05
  • Closing date: 02/08/21
  • Today's closing price (June 1): $0.35
  • Gains: 600%
  • Warrants: Full
  • Strike Price: $0.30
  • Expiry date: 02/08/26
  • Net ROI w/ warrants ($100k investment): $700,000

 

Company breakdown:

  • Sells fiber optic products
  • Has seen very low trade volume since closing the private placement
  • Price rose following the announcement of the financing, has remained mostly flat since

Bigg Digital Assets Inc. (CSE: BIGG) Term Sheet

  • Type of financing: Bought deal
  • Gross proceeds: $13.80 million
  • Number of units: 3.59 million
  • Price per unit: $0.50
  • Closing date: 02/05/21
  • Yesterday’s closing price (March 2): $2.03
  • Gains: 306%
  • Warrants: Half
  • Strike Price: $0.70
  • Expiry date: 02/05/23
  • Net ROI w/ warrants ($100k investment): $439,000

 

Company breakdown:

  • Owns, operates, and invests in crypto businesses
  • Purchased 60.7 bitcoin shortly after the closing of the private placement
  • Since closing this deal, closed another bought deal for $28.98 million
  • Recently announced its subsidiary was developing a stablecoin product

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