Announced financings: Oct. 26

Here’s your roundup of announced equity financings, courtesy of PrivatePlacements.com, the only database that tracks every financing, every day.

1. Theratechnologies Inc. (TSX: TH)

• Gross Proceeds: US$25 million
• Sector: Biopharmaceuticals
• Units issued: 12.5 million
• Type: Common shares
• Price: US$1.00
• Warrants: None
• Agents: Cantor Fitzgerald
• Use of Proceeds: Working capital

Company breakdown:

• Biopharmaceutical company "focused on development and commercialization of innovative therapies addressing unmet medical needs"
• Recently laid off 25 employees, "tapering" its R&D activities

2. First Mining Gold Corp. (TSX-V: FF)

• Gross Proceeds: $5 million
• Sector: Precious metals
• Units issued: 40 million
• Type: Special units
• Price: $0.125
• Warrants: Half; $0.20; Three years
• Agents: Non-brokered
• Use of Proceeds: Project advancement

Company breakdown:

• Gold company with the Springpole project in Ontario and the Duparquet project in Quebec
• Recently filed a technical report for Duparquet

3. Draganfly Inc. (CSE: DPRO)

• Gross Proceeds: $3.5 million
• Sector: Drone tech
• Units issued: 6.4 million
• Type: Common shares
• Price: US$0.55
• Warrants: Full; $0.61; Five years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Drone tech company
• Recently announced it would be addressing the UN gathering information on emerging tech for disaster risk detection

4. Targa Exploration Corp. (CSE: TEX)

• Gross Proceeds: $1.5 million
• Sector: Lithium
• Units issued: 7.5 million
• Type: Special units
• Price: $0.20
• Warrants: Half; $0.30; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Lithium junior with projects in Quebec, Ontario, Manitoba, and Saskatchewan
• Recently completed field work at the Opinaca project

5. Tier One Silver Inc. (TSX-V: TSLV)

• Gross Proceeds: $1.5 million
• Sector: Precious metals
• Units issued: 15 million
• Type: Special units
• Price: $0.10
• Warrants: Full; $0.25; Two years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Silver junior with projects in Peru
• Recently renewed its Curibaya project community agreement