StrategX Elements (STGX.CN) extended the deadline of its non-brokered private placement of units to raise up to C$900,000, to Sept. 30, it said in a statement late Monday.
Proceeds will be used to advance exploration activities on the Melville Peninsula, located in Nunavut, Canada, and for general working capital needs, it said.
Shares of the company closed down 2.8% to C$0.175 on Monday on the Canadian Securities Exchange.
Greenway Greenhouse Cannabis (GWAY.CN) after trade Monday reported a fiscal first-quarter loss of C$659,893, compared with C$166,453 a year ago.Revenue for the quarter ended June 30 rose 38% to C$2.23 million from C$1.62 million a year earlier.Adjusted EBITDA stood at C$47,900, down from C$78,723 in the year-ago quarter.Corresponding FactSet figures were not available.
Silver Storm Mining (SVRS.V) said Monday it closed the second and final tranche of its non-brokered private placement, raising gross proceeds of C$6.38 million. The company issued 12.75 million units at C$0.50 apiece in the second tranche.Together with the first tranche, Silver Storm issued a total of 42 million units for aggregate gross proceeds of C$21 million.Silver Storm said it plans to use the net proceeds mainly for surface and underground drilling at the La Parrilla Silver Mine Complex and for working capital.