ORENINC INDEX – Monday, July 31st, 2023
North America’s leading junior mining finance data provider
Last Week: 52.94 (Updated)
This week: 39.11
Major Financing Openings:
- Volt Lithium Corp. (TSX-V:VLT) opened a $6 million offering underwritten by a syndicate led by Canaccord Genuity Corp. on a best-efforts basis. Each unit includes a 1/2 warrant that expires in 24 months. The deal is expected to close on or about August 4, 2023.
- Eloro Resources Ltd. (TSX-V:ELO) opened a $5 million offering underwritten by a syndicate led by Haywood Securities Inc. on a bought-deal basis. Each unit includes a 1/2 warrant that expires in 24 months. The deal is expected to close on or about August 3, 2023.
- Euro Sun Mining Inc. (TSX:ESM) opened a $5 million offering on a best-efforts basis. The deal is expected to close on or about August 18, 2023.
- AJN Resources Inc. (CSE:AJN) opened a $4 million offering on a best-efforts basis. Each unit includes 1 warrant that expires in 24 months.
Major Financing Closings:
- Bear Creek Mining Corporation (TSX-V:BCM) closed a $8.2 million offering on a best-efforts basis. The deal is expected to close on or about July 21, 2023.
- Canadian North Resources Inc. (TSX-V:CNRI) closed a $6.47 million offering on a best-efforts basis.
- Alaska Energy Metals Corp. (TSX-V:AEMC) closed a $6.45 million offering underwritten by a syndicate led by Emerging Equities Inc. (EEI) on a best-efforts basis. Each unit includes a 1/2 warrant that expires in 24 months.
- Sitka Gold Corp. (CSE:SIG) closed a $1.52 million offering on a best-efforts basis.