400%+ Returns from an Up-and-Coming Arizona Miner

June 1, 2021 04:11 PM PST

Source: Alexander Limbach, Shutterstock.com

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 bring you three non-brokered, freshly free-trading financings from the mining sector, each from companies steeply on the rise. Read on for all the details.

Arizona Metals Corp. (TSX-V: AMC) Term Sheet

  • Type of financing: Non-brokered
  • Gross proceeds: $10 million
  • Number of units: 10.53 million
  • Price per unit: $0.95
  • Closing date: 01/27/21
  • Today's closing price (June 1): $4.82
  • Gains: 407.4%
  • Warrants: None
  • Net ROI w/ warrants ($100k investment): $407,368

 

Company breakdown:

  • Precious metals explorer which owns the Kay property in Yavpai County, Arizona
  • The stock has climbed over the past few months amid a 11,000-metre phase two drill program
  • Shares rose aggressively in the days leading up to its announcement of results of 79 metres of 7 g/t AuEq at the project in a new

Rackla Metals Inc. (TSX-V: RAK) Term Sheet

  • Type of financing: Non-brokered
  • Gross proceeds: $972,000
  • Number of units: 8.1 million
  • Price per unit: $0.12
  • Closing date: 01/26/21
  • Today's closing price (June 1): $0.405
  • Gains: 237.5%
  • Warrants: Full
  • Strike Price: $0.15
  • Expiry date: 01/26/22
  • Net ROI w/ warrants ($100k investment): $450,000

 

Company breakdown:

  • Junior miner which owns the Rivier project in the Watson Lake mining district southeast of Ross River, Yukon
  • Halted pending approval of its acquisition of 73.5% of the Misisi gold project in the Democratic Republic of the Congo
  • Misisi hosts the Akyanga deposit, which contains an inferred resource of 3.1 million ounces of gold
  • Shares jumped in February, though it's not clear why

Rock Tech Lithium Inc. (TSX-V: RCK) Term Sheet

  • Type of financing: Non-brokered
  • Gross proceeds: $4 million
  • Number of units: 2.5 million
  • Price per unit: $1.60
  • Closing date: 01/21/21
  • Yesterday’s closing price (March 2): $4.01
  • Gains: 150.6%
  • Warrants: Full
  • Strike Price: $2.00
  • Expiry date: 01/23/23
  • Net ROI w/ warrants ($100k investment): $276,5000

 

Company breakdown:

  • Lithium company working on building its own chemical plant in Europe, a project which proceeds of this private placement went toward
  • Shares jumped right after the announcement of the private placement, though the company did not comment on why
  • The company's phase 1 pilot plant is fully operational, with a metallurgical testwork program expected soon

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