Public financing – May 3, 2107

True Leaf Medicine International Ltd. (CSE: MJ; FSE: TLA) intends to complete a non-brokered private placement of units at CDN $0.30 per unit for gross proceeds of up to CDN $3,000,000.

Argo Gold Inc. (CSE: ARQ) has completed the first tranche of its previously announced non-brokered private placement offering through the issuance of 625,000 units at a price of $0.20 per unit for gross proceeds of $125,000 and 300,000 flow through shares at a price of $0.25 per FT share for gross proceeds of $75,000.

Hempco Food and Fiber Inc. (TSX-V: HEMP) intends to complete private placement of 4,000,000 units at $0.40 per unit for gross proceeds of up to $1,600,000.

Namibia Rare Earths Inc. (TSX: NRE) has closed its non-brokered private placement of 5,875,000 common shares at a price of $0.07 per share for gross proceeds of $411,250.

Pulse Oil Corp. (TSX-V: PUL) has entered into an agreement with Mackie Research Capital Corporation as lead agent to raise, for a best-efforts private placement for gross proceeds of up to $8.0 million.

Victoria Gold Corp. (TSX-V: VIT) has completed a flow-through financing with a single subscriber, through the sale of 11,494,253 flow-through common shares at a price of $0.87 per FT share to raise gross proceeds of approximately $10,000,000.

European Commercial Real Estate Limited (TSX-V: ERE) has completed its prospectus offering of 6,000,000 class B common shares at a price of $5.00 per Class B share for gross proceeds of $30 million. The offering was underwritten by a syndicate of underwriters led by CIBC Capital Markets.

StrikePoint Gold Inc. (TSX-V: SKP; OTCQX: STKXF) has closed previously announced private placement of 13,157,000 flow-through (FT) units at $0.38 per FT unit for gross proceeds of $4,999,660. Eric Sprott, through 2176423 Ontario Ltd., acquired 6,842,000 units for consideration of $1,999,916.60

GGX Gold Corp. (TSX-V: GGX) has closed the first and the final tranches of the private placement announced on April 10, 13 and 17, 2017 for gross proceeds of $272,550 for the first tranche and $124,950 for the final tranche.

Latin American Minerals Inc. (TSX-V: LAT) intends to close a non-brokered private placement of up to 13,333,333 units at $0.12 per unit for gross proceeds of up to $1,600,000.

Marathon Gold Corporation (TSX: MOZ) has entered into an agreement with RBC Capital Markets for a bought deal of 8,000,000 flow-through common shares at $1.25 per FT share and 4,850,000 common shares at $1.03 per common share for gross proceeds of $14,995,500

Leading Edge Materials Corp. (TSX-V:LEM; OTCQB:LEMIF) has closed previously announced private placement offering of 3,636,364 units at $0.55 per unit for gross proceeds of $2,000,000.

Westminster Resources Ltd. (TSX-V: WMR; OTCPK: WMRSD; FSE: 08W1) intends to close a non-brokered private placement of up to 12,000,000 units at $0.12 per unit for gross proceeds of up to $1,440,000.

photo credit: shell_ghostcage via pixabay


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