Here's your roundup of yesterday's announced financings, courtesy of PrivatePlacements.com, the only platform that posts every Canadian financing, every day.
1. Sun Summit Minerals Corp. (TSX-V: SMN)
- Gross Proceeds: $100 million; $75 million
- Sector: Biopharmaceuticals
- Units issued: 6.67 million; 16.67 million
- Type: Flow-through units, non-flow-through units
- Price: $0.15; $0.12
- Warrants: Half; $0.18; 12 months
- Agents: Non-brokered
- Use of Proceeds: Ongoing exploration
Company breakdown:
- Gold and copper junior with projects in BC
- Reported grades including 22 metres of 11.7 g/t Au and 21.5 metres of 3.1 g/t At the Creek zone of recently-optioned Toodoggone project
- Shares have declined over the past year
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