Yesterday's Announced Financings: Feb. 23

Here's your daily roundup of the three most notable Canadian financings announced yesterday, courtesy of PrivatePlacements.com: the only database that tracks every private placement, every day.

1. Stuhini Exploration Ltd. (TSX-V: STU)

• Gross Proceeds: $1.6 million
• Sector: Base and precious metals
• Units issued: 10 million
• Type: Special units
• Price: $0.40
• Warrants: Half; $0.50; Two years
• Agents: Non-brokered
• Use of Proceeds: Option payment

Company breakdown:

• Mineral exploration company focused on the Ruby Creek molybdenum project in BC
• Drill targets have been identified
• Eric Sprott has purchased $1 million of units from the private placement

2. Delphx Capital Markets Inc. (TSX-V: DELX)

• Gross Proceeds: $580,200
• Sector: Financial services
• Units issued: 4.8 million
• Type: Special units
• Price: $0.12
• Warrants: Full; $0.20; Two years
• Agents: Non-brokered
• Use of Proceeds: Working capital

Company breakdown:

• Financial services and technology company that offers a special purpose vehicle Quantem, that allows "fixed-income dealers to offer new private placement securities that optimally transfer and diffuse credit risk, while allowing the enhancement of yield."
• Aims to democratize a hedge option usually only available to select investors
• Shares jumped back in January

3. NV Gold Corp. (TSX-V: NVX)

• Gross Proceeds: $500,000
• Sector: Precious metals
• Units issued: 8.3 million
• Type: Special units
• Price: $0.06
• Warrants: Half; $0.12; Two years
• Agents: Non-brokered
• Use of Proceeds: Ongoing exploration

Company breakdown:

• Gold junior focused on pojects in Nevada and Switzerland
• Recently received drill approval for its SW Pipe project in central Nevada
• Outlined its plans for 2023 in January