Note: PrivatePlacements.com has NOT received compensation from any of the companies listed below in connection with this message, nor is the writer an investor in any company listed.
Another week, another hand-picked selection of freshly free-trading financings, including an offering from another blockchain company, a rare solid performer in the oil space, and a multi-metal mining explorer on the rise from some excellent drill results.
CurrencyWorks Inc. (CSE: CWRK) Term Sheet
Type of financing: Non-brokered Gross proceeds: $300,000 Number of units: 2.4 million Price per unit: $0.125 Closing date: 01/07/21 Yesterday's closing price (March 25): $1.31 Gains: 988% Warrants: Full Strike Price: $0.165 Expiry date: 01/07/23 Net ROI w/ warrants ($100k investment): $1.94 million
Company breakdown:
Fintech company that develops blockchain products for a variety of clients, including cryptocurrencies, fintech platforms NFTs
Rose to $4.33 per share in mid-March as cryptocurrency and decentralized finance reached a fever pitch
Has been securing financings throughout 2021
Recently announced a deal with Liquid Media Group Ltd. (Nasdaq: YVR) to develop a new "multi-token" platform, aimed at serving "the evolving needs of film, entertainment, and gaming industry professionals, and capture opportunities to conceptualize and create content once, then monetize it in perpetuity."
Cardinal Energy Ltd. (TSX: CJ) Term Sheet
Type of financing: Non-brokered Gross proceeds: $16.24 million Number of units: 8.12 million Price per unit: $0.50 Closing date: 12/30/2020 Yesterday's closing price (March 2): $3.18 Gains: 536% Warrants: None Net ROI w/ warrants ($100k investment): $536,000
Company breakdown:
Oil company with projects in western Canada
Lost $363 million in 2020
2020 reserves were at 99.25 million barrels of oil-equivalent
Eloro Resources (TSX-V: ELO) Term Sheet
Type of financing: Bought deal Gross proceeds: $6.3 million Number of units: 4.08 million Price per unit: $1.55 Closing date: 01/05/21 Yesterday's closing price (March 2): $4.58 Gains: 195.48% Warrants: Half Strike Price: $2.00 Expiry date: 01/05/23 Net ROI w/ warrants ($100k investment): $278,709
Company breakdown:
Exploration and mine development company with gold and base metals projects in Bolivia, Peru, and Quebec
Flagship property is Iska Iska in Potosi, Bolivia, where a 50,000-metre drill program is ongoing
Shares rose sharply after Eloro reported an intercept of 257.5 metres of 129.6 gold-equivalent grams per tonne (g/t AuEq) at Iska Iska
More recently, the company drilled 56.2 metres of 196 grams of gold per tonne at Iska Iska
For further updates on each of the companies above, make sure to add each one to your PrivatePlacements.com Watchlist and be alerted each time they post a new private placement.
Disclaimer: The service and the contents are provided by the sender and other information providers on an "as is" basis. The sender and any and all other information providers expressly disclaim any and all warranties, express or implied any information herein or on PrivatePlacements.com.
PrivatePlacements.com and its and its owner and its owner's directors, employees, consultants, contractors, agents, and the like ("Representatives"), do not give any tax or investment advice; and do not advocate the purchase or sale of any security or investment. Contents are intended as general information. None of the contents constitutes an: (1) offer to sell or the solicitation of an offer to buy by Blender Media and/or its representatives any security or other investment; (2) offer by PrivatePlacements.com or its owner and/or their representatives to provide investment services of any kind; and/or (3) invitation, inducement, or encouragement by Blender Media and/or its representatives to any person to make any kind of investment decision. You should not rely on the content for investment or trading purposes. Securities or other investments referred to in any of the contents may not be suitable for you, and you should not make any kind of investment decision in relation to them without first obtaining independent investment advice from a person authorized to give it. All communications by PrivatePlacements.com are subject to its terms of use and disclaimer, which can be viewed here and here.
No comments:
Post a Comment