Reports
The Gold Review
June 2021Track the flow of gold mining capital with our exclusive monthly review, including:
- Top financings by equity and debt
- Top financings with warrants attached
- Summary of brokered vs non-brokered deals
- Leading gold mining districts
- Use of proceeds
- ...and more!
Total Raised by Month (12 Month Period)
12 month Total:
$9,670,771,564
$9,670,771,564
June Total:
$693,070,068
$693,070,068
Private Placements vs Prospectus
Use of Proceeds
Brokered vs Non-Brokered
Debt vs Equity
Top 5 Brokered Financings ($CAD)
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 | Agents |
|---|---|---|---|---|---|---|
| Jun 8, 2021 | SSR Mining Inc | SSRM | 125,000 | $1,000.00 | $151,022,000.00 | CIBC |
| Jun 3, 2021 | Vizsla Resources Corp | VZLA | 27,600,000 | $2.50 | $69,000,000.00 | Canaccord Genuity |
| Jun 4, 2021 | Rupert Resources Ltd | RUP | 5,658,000 | $5.30 | $29,987,400.00 | BMO Capital Markets |
| Jun 10, 2021 | Alexco Resources Corp | AXU | 8,214,450 | $3.50 | $28,750,575.00 | Cormark Securities |
| Jun 30, 2021 | Troilus Gold Corp | TLG | 13,513,600 | $1.48 | $20,000,128.00 | Cormark Securities |
Top 5 Non-Brokered Financings ($CAD)
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 | Agents |
|---|---|---|---|---|---|---|
| Jun 30, 2021 | Gabriel Resources Ltd | GBU | 313,600,000 | $0.29 | $90,865,600.00 | Non-brokered |
| Jun 4, 2021 | Rupert Resources Ltd | RUP | 3,522,000 | $5.30 | $18,666,600.00 | Non-brokered |
| Jun 10, 2021 | Gabriel Resources Ltd | GBU | 30,444,800 | $0.25 | $7,458,976.00 | Non-brokered |
| Jun 23, 2021 | Tectonic Metals Inc | TECT | 71,760,560 | $0.10 | $7,176,056.00 | Non-brokered |
| Jun 29, 2021 | Timberline Resources Corp | TBR | 23,070,798 | $0.20 | $5,685,069.13 | Non-brokered |
Top Financings by Region ($CAD)
Top 5 Leading Investors ($CAD)
Top Exercised Warrants in the Money
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 |
|---|---|---|---|---|---|
| Jun 11, 2021 | NV Gold Corp | NVX | 2,759,500 | $0.20 | $551,900.00 |
| Jun 8, 2021 | Thor Explorations Ltd | THX | 1,664,534 | $0.18 | $299,616.12 |
TSX Top Equity
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 |
|---|---|---|---|---|---|
| Jun 10, 2021 | Alexco Resources Corp | AXU | 8,214,450 | $3.50 | $28,750,575.00 |
TSX Top Warrant
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 | Warrants | Strike | Strike Date |
|---|---|---|---|---|---|---|---|---|
| Jun 30, 2021 | Troilus Gold Corp | TLG | 13,513,600 | $1.48 | $20,000,128.00 | 6,756,800 | $1.50 | Jun 30, 2023 |
| Jun 30, 2021 | Troilus Gold Corp | TLG | 9,090,980 | $1.10 | $10,000,078.00 | 4,545,490 | $1.50 | Jun 30, 2023 |
| Jun 30, 2021 | Troilus Gold Corp | TLG | 7,142,880 | $1.26 | $9,000,028.80 | 3,571,440 | $1.50 | Jun 30, 2023 |
| Jun 29, 2021 | Monarch Mining Corp | GBAR | 8,319,500 | $0.80 | $6,655,600.00 | 4,159,750 | $1.05 | Jun 29, 2023 |
| Jun 30, 2021 | Troilus Gold Corp | TLG | 3,174,700 | $1.89 | $6,000,183.00 | 1,587,350 | $1.50 | Jun 30, 2023 |
TSX Top Debt
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 |
|---|---|---|---|---|---|
| Jun 8, 2021 | SSR Mining Inc | SSRM | 125,000 | $1,000.00 | $151,022,000.00 |
| Jun 25, 2021 | Gold Springs Resource Corp | GRC | 1 | $1,000,000.00 | $1,230,956.00 |
TSXV Top Equity
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 |
|---|---|---|---|---|---|
| Jun 30, 2021 | Gabriel Resources Ltd | GBU | 313,600,000 | $0.29 | $90,865,600.00 |
| Jun 4, 2021 | Rupert Resources Ltd | RUP | 5,658,000 | $5.30 | $29,987,400.00 |
| Jun 4, 2021 | Rupert Resources Ltd | RUP | 3,522,000 | $5.30 | $18,666,600.00 |
| Jun 15, 2021 | Sable Resources Ltd | SAE | 41,666,600 | $0.30 | $12,499,980.00 |
| Jun 29, 2021 | Thesis Gold Inc | TAU | 6,666,666 | $1.50 | $9,999,999.00 |
| Jun 10, 2021 | Gabriel Resources Ltd | GBU | 30,444,800 | $0.25 | $7,458,976.00 |
| Jun 29, 2021 | Thesis Gold Inc | TAU | 3,428,571 | $1.75 | $5,999,999.25 |
| Jun 1, 2021 | Scottie Resources Corp | SCOT | 20,900,000 | $0.27 | $5,643,000.00 |
| Jun 7, 2021 | Ascot Resources Ltd | AOT | 2,651,796 | $1.43 | $3,792,068.28 |
| Jun 18, 2021 | Nevada King Gold Corp | NKG | 6,000,000 | $0.60 | $3,600,000.00 |
TSXV Top Warrant
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 | Warrants | Strike | Strike Date |
|---|---|---|---|---|---|---|---|---|
| Jun 3, 2021 | Vizsla Resources Corp | VZLA | 27,600,000 | $2.50 | $69,000,000.00 | 13,800,000 | $3.25 | Dec 3, 2022 |
| Jun 24, 2021 | Gold Mountain Mining Corp | GMTN | 4,255,190 | $2.10 | $8,935,899.00 | 2,127,595 | $3.15 | Jun 24, 2023 |
| Jun 18, 2021 | Kore Mining Ltd | KORE | 8,422,000 | $0.95 | $8,000,900.00 | 4,211,000 | $1.35 | Jun 18, 2023 |
| Jun 8, 2021 | Blackrock Gold Corp | BRC | 10,666,667 | $0.75 | $8,000,000.25 | 5,333,333 | $1.15 | Jun 8, 2023 |
| Jun 23, 2021 | Tectonic Metals Inc | TECT | 71,760,560 | $0.10 | $7,176,056.00 | 35,880,280 | $0.17 | Jun 23, 2023 |
| Jun 29, 2021 | Timberline Resources Corp | TBR | 23,070,798 | $0.20 | $5,685,069.13 | 11,535,399 | $0.30 | Jun 29, 2023 |
| Jun 30, 2021 | Big Ridge Gold Corp | BRAU | 24,390,500 | $0.21 | $5,000,052.50 | 24,390,500 | $0.18 | Jun 30, 2023 |
| Jun 28, 2021 | Trillium Gold Mines Inc | TGM | 5,000,000 | $1.00 | $5,000,000.00 | 2,500,000 | $1.50 | Jun 28, 2023 |
| Jun 18, 2021 | Palamina Corp | PA | 20,000,000 | $0.25 | $5,000,000.00 | 20,000,000 | $0.40 | Jun 18, 2023 |
| Jun 28, 2021 | Omai Gold Mines Corp | OMG | 29,411,757 | $0.17 | $4,999,998.69 | 14,705,878 | $0.23 | Jun 28, 2024 |
TSXV Top Debt
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 |
|---|---|---|---|---|---|
| Jun 4, 2021 | Jazz Resources Inc | JZR | 1,350 | $1,000.00 | $1,350,000.00 |
| Jun 16, 2021 | Gowest Gold Ltd | GWA | 1,000 | $1,000.00 | $1,000,000.00 |
| Jun 15, 2021 | Altan Rio Minerals Ltd | AMO | 500 | $1,000.00 | $468,433.50 |
CSE Top Equity
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 |
|---|---|---|---|---|---|
| Jun 23, 2021 | E79 Resources Corp | ESNR | 5,000,000 | $1.00 | $5,000,000.00 |
| Jun 23, 2021 | E79 Resources Corp | ESNR | 3,000,000 | $1.00 | $3,000,000.00 |
| Jun 29, 2021 | Mich Resources Inc | MICH | 8,875,600 | $0.25 | $2,218,900.00 |
| Jun 9, 2021 | Golden Independence Mining Corp | IGLD | 1,728,864 | $0.29 | $501,370.56 |
| Jun 4, 2021 | Supernova Metals Corp | SUPR | 10,000,000 | $0.05 | $500,000.00 |
CSE Top Warrant
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 | Warrants | Strike | Strike Date |
|---|---|---|---|---|---|---|---|---|
| Jun 8, 2021 | American Pacific Mining Corp | USGD | 8,181,964 | $0.13 | $1,022,745.50 | 8,181,964 | $0.16 | Jun 8, 2023 |
| Jun 3, 2021 | First Energy Metals Ltd | FE | 2,003,376 | $0.39 | $771,299.76 | 1,001,688 | $0.45 | Jun 3, 2023 |
| Jun 25, 2021 | Idaho Champion Gold Mines Canada Inc | ITKO | 4,686,664 | $0.15 | $702,999.60 | 4,686,664 | $0.25 | Jun 25, 2025 |
| Jun 4, 2021 | Green River Gold Corp | CCR | 10,000,000 | $0.07 | $700,000.00 | 10,000,000 | $0.11 | Jun 4, 2024 |
| Jun 4, 2021 | Maxtech Ventures Inc | MVT | 9,149,999 | $0.06 | $548,999.94 | 9,149,999 | $0.10 | Jun 4, 2024 |
| Jun 9, 2021 | Etruscus Resources Corp | ETR | 1,428,571 | $0.35 | $499,999.85 | 714,285 | $0.45 | Jun 9, 2023 |
| Jun 9, 2021 | Etruscus Resources Corp | ETR | 1,608,334 | $0.30 | $482,500.20 | 804,167 | $0.40 | Jun 9, 2023 |
| Jun 29, 2021 | Nuinsco Resources Ltd | NWI | 20,750,000 | $0.02 | $415,000.00 | 20,750,000 | $0.05 | Jun 29, 2023 |
| Jun 3, 2021 | First Energy Metals Ltd | FE | 682,687 | $0.34 | $228,700.15 | 682,687 | $0.40 | Jun 3, 2023 |
CSE Top Debt
| Announced | Company | Ticker | Units1 | Price2 | Gross Proceeds3 |
|---|---|---|---|---|---|
| Jun 23, 2021 | Ready Set Gold Corp | RDY | 1,820 | $1,000.00 | $1,820,000.00 |
Footnotes
- Total units shown consist of shares and warrants.
- Prices are represented in the currency of the placement
- Gross proceed figures are converted to $CAD.
