Top Financings of the Week

The Recap

The best information on capital raises and financing activity in under 5 minutes:

• Power Nickel Inc. (Rebranding to Power Metallic Mines) (TSX-V:PNPN) Announces a $10 Million increase to its financing, bringing the total private placement proceeds up to CAD$50 Million.

• Archer Aerospace Inc. (NYSE: ACHR) has raised $300 Million to accelerate its hybrid aircraft platform development.

• IsoEnergy Ltd. (TSX: ISO) announces it has upsized its bought deal and concurrent private placement to CAD$17,400,000.

• LightAi Inc. (CBOE: ALGO) After raising CAD$18,499,360 on their recent public listing, healthcare technology company, Light AI, partners with MrBeast to provide AI-powered Strep A testing in Africa.

Power Nickel Inc. (Rebranding to Power Metallic Mines) has announced that it has upsized its private placement from CAD$40 million to CAD$50 million. Existing shareholders, including Robert Friedland, are participating in the upsize. Power Nickel is a Canadian exploration company focusing on developing the High-Grade Nickel Copper PGM, Gold and Silver Nisk project into potentially Canada's next poly metallic mine.

The NISK property comprises a large land position (20 kilometres of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding the high-grade nickel-copper PGM, Gold and Silver mineralization with a series of drill programs designed to test the initial Nisk discovery zone, the Lion discovery zone and to explore the land package for adjacent potential poly metallic deposits.

Archer Aerospace has secured $300 million in new funding, further strengthening its financial position and accelerating the development of its hybrid aircraft platform for defense and beyond.

This financing saw participation from leading institutional investors, including funds and accounts managed by BlackRock. With this raise, Archer’s total liquidity now stands at approximately $1 billion, reinforcing its position as one of the most well-capitalized companies in the industry.

Building on this momentum, Archer Defense, launched in December, is focused on developing next-generation aircraft for military applications. The division’s first product will be a hybrid-propulsion, vertical take-off and landing (VTOL) aircraft, designed to advance the future of defense aviation.

IsoEnergy Ltd. is a leading, globally diversified uranium company with substantial current and historical mineral resources in top uranium mining jurisdictions of Canada, the U.S. and Australia at varying stages of development, providing near, medium, and long-term leverage to rising uranium prices. The Company recently announced it has upsized its bought deal and concurrent private placement to CAD$17,400,000. IsoEnergy indicated the proceeds would be used for general corporate purposes.

The concurrent private placement is being completed to enable strategic shareholder, NexGen Energy Ltd., to maintain its pro rata ownership interest in the Company at approximately 31.8% after giving effect to the offering.

Top Money Moves

Lead Investors

• Phillips 66: $2,500,000,000 | Energy | Lead Investor: Elliott Investment Management

  Archer: $300,000,000 | Aerospace | Lead Investor: BlackRock

  Edesa Biotech: $11,700,000 | Biotechnology | Lead Investor: Velan Capital

  Xilio Therapeutics: $10,000,000 | Biotechnology | Lead Investor: AbbVie

  Prairie Provident Resources: $9,100,000 | Energy | Lead Investor: PCEP Canadian Holdco

  Moleculin: $5,800,000 | Pharmaceutical | Lead Investor: ROTH Capital Partners

Light AI, a pioneering healthcare technology company specializing in AI-driven diagnostics, has teamed up with renowned philanthropist and YouTube sensation MrBeast to combat Streptococcus A (Strep A) infections in Africa. This collaboration, highlighted in a Beast Philanthropy video released on February 16, 2025, aims to provide underserved communities with advanced, AI-powered Strep A tests. By facilitating rapid and accurate diagnoses, this initiative seeks to curb the prevalence of Rheumatic Heart Disease—a severe condition resulting from untreated Strep A infections—thereby enhancing health outcomes across the continent. Light AI is a newly public company, trading on the Canadian Securities Exchange under the ticker CBOE CA: ALGO. For more information, visit them at light.ai

Do you know of any other lead investors who put capital into the markets this week? We would be happy to feature the transactions, send us an email at [email protected]