Top 10 Metals, Minerals, and Mining Capital Raises in the U.S. – August 12th-18th, 2024
The Metals, Minerals, and Mining sector has seen significant activity this past week.
If you would like more info on these deals or would like to discuss the capital-raising market for your company, please contact me.
Here are the top capital raises:
PIPE
- Montage Gold, based in Vancouver, Ontario, raised $130.59 million in a PIPE deal to advance its gold mining operations. (New Investor: Zijin Mining Group)
- Commerce Resources, located in Vancouver, British Columbia, secured $5.12 million in a PIPE deal to expand its rare earth element mining projects.
- Nevada Lithium Resources, from Vancouver, British Columbia, raised $4.35 million in a PIPE deal to develop its lithium extraction technologies.
- Ramp Metals, based in North Vancouver, British Columbia, raised $3.58 million in a PIPE deal to enhance its base metal mining operations.
- Silver Elephant Mining, located in Vancouver, British Columbia, secured $1.19 million in a PIPE deal to advance its silver mining projects.
- GoldON Resources, from Victoria, British Columbia, raised $380,000 in a PIPE deal to explore new gold mining opportunities.
- AJN Resources, based in Vancouver, British Columbia, raised $360,000 in a PIPE deal to support its exploration activities.
Early Stage VC
- Ion Protocol, raised $4.8 million in early-stage VC funding to innovate in blockchain technology for mineral trading. (Lead Investor: gumi Cryptos Capital)
- Great Lakes Crystal Technologies, located in East Lansing, Michigan, secured $2.4 million in early-stage VC funding to develop advanced materials for the semiconductor industry.
Later Stage VC
- Muon Vision, based in Cambridge, Massachusetts, raised $2 million in later-stage VC funding to enhance its muon tomography solutions for mining exploration.
Tina Vital
Managing Director
Extensive career in engineering and investment banking focused on debt and equity transactions for infrastructure, energy, metals & mining, cleantech/waste management and other technology-based industries. Began engineering career with Exxon. Began Wall Street career at Citibank. Frequent guest on global financial news shows and the author of numerous engineering and energy finance publications. Previously served as Secretary-Treasurer and Executive Board Member for the United States Association of Energy Economics (USAEE); and Advisory Board Member for the International Pittsburgh Coal Conference. MBA from Carnegie Mellon University. ABD-PhD Chemical Engineering from the University of Massachusetts at Amherst. MS in Chemical Engineering from Lehigh University. BS in Biochemistry, Chemistry and Biology from the University of Pittsburgh. FINRA Series 7, 63 and 79 licensed.
- tvital@castleplacement.com
- (917) 432-8474
Tina Vital
Managing Director
Please contact me if you have any questions or would like to discuss your capital raise:
Email: twilliams@castleplacement.com
(C) (385) 600-1871
Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
