Maple Leaf Green World (TSX-V: MGW) has closed its upsized non-brokered private placement of 13,216,070 units at a price of $0.55 per unit for gross proceeds of $7,268,838.50
ATAC Resources Ltd. (TSX-V: ATC) has completed previously announced private placement of 16,684,800 flow-through common shares at $0.50 for gross proceeds of $8,342,400. The flow-through shares formed part of a donation arrangement structured by PearTree Securities Inc. through which Barrick Gold Corporation became the ultimate owner of the ATAC shares. Barrick now owns approximately 19.9% of the issued and outstanding shares in the capital of ATAC on a non-diluted basis.
New Gold Inc. (TSX/NYSE MKT: NGD) has commenced an offering of US $300 million aggregate principal amount of Senior Notes due 2025. New Gold intends to use the net proceeds from the offering of the Notes, together with cash on hand, to fund the redemption of its outstanding US $300 million 7.00% Senior Notes due 2020.
Maricann Group Inc. (CSE: MARI) has secured $42,500,000 in non-dilutive financing from The Green Streaming Finance Company of Canada Inc., a Vancouver-based company that provides non-equity financing solutions for cannabis producers. The streaming payment will be made in return for the right to purchase 20% of production at an all in cost +10% from expansion funded by Green Streaming in Germany.
MYM Nutraceuticals Inc. (CSE: MYM; OTC: MYMMF) intends to close a non-brokered private placement of up to 8,333,333 units at a price of $0.18 per unit for gross proceeds of $1,499,999.94
Cardiff Energy Corp. (TSX-V: CRS; FSE: C2Z; OTCPK: CRRDF) has closed previously announced private placement of 6,000,000 units at a price of $0.065 per unit for gross proceeds of $390,000.
DNI Metals Inc. (CSE: DNI; FSE: DG7N; OTCPK: DMNKF) has closed first tranche of its non-brokered private placement financing. The first Tranche comprises 15,566,184 units at a price of CDN $0.065 per unit for gross proceeds of CDN $1,011,801.96.
Carube Copper Corp. (TSX-V: CUC) intends to close a non-brokered private placement of up to 13,000,000 units at $0.105 per unit for gross proceeds of up to $1,365,000.
Lithion Energy Corporation (TSX-V: LNC) has completed a private placement of 7,500,000 units, on a post-consolidated basis, at a price of $0.10 per unit for gross proceeds of $750,000.
photo credit: Hans Braxmeier