Top Financings of the Week

The Recap

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

• Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China expected to raise approximately $260.7 million, which will be used for infrastructure upgrades, technology and product development, and general corporate purposes.

• Allied Gold Corporation (TSX: AAUC, OTCQX: AAUCF) Announces CAD$80 million bought deal offering of 15,000,000 common shares at C$5.35 each, led by Canaccord Genuity and National Bank Financial.

• Patagonia Gold Corp. (TSXV: PGDC) Enters into a $40 million investment agreement with Black River Mine Inc. to fund development of its flagship Calcatreu Project in Rio Negro, Argentina.

Kingsoft Cloud Holdings, a leading cloud service provider in China, offers robust cloud infrastructure and advanced cloud-native products, backed by strong R&D capabilities. The company delivers well-architected, industry-specific solutions with end-to-end implementation and support.

Kingsoft recently announced a public offering expected to raise approximately $260.7 million, with proceeds earmarked for infrastructure upgrades, technology and product development, and general corporate purposes.

Allied Gold is a Canadian-based gold producer with a significant growth profile and mineral endowment. It operates a portfolio of three producing assets and development projects located in Côte d'Ivoire, Mali, and Ethiopia.

Led by a team of mining executives with operational and development experience and proven success in creating value, Allied Gold aspires to become a mid-tier, next-generation gold producer in Africa and, ultimately, a leading senior global gold producer.

The Company recently announced a CAD $80 million bought deal offering and intends to use the net proceeds to fund its optimization and growth initiatives and to advance studies and engineering for recoveries increases at Sadiola, exploration and studies aimed to increase mine life in Côte D'Ivoire, and additional exploration work and development across the portfolio of assets.

Patagonia Gold is a South America focused, publicly traded, mining company listed on the TSXV. The Company is focused on the exploration and development of gold and silver projects in the Patagonia region of Argentina.

Patagonia recently entered into a $40 million investment agreement with Black River Mine Inc. to fund development of its flagship Calcatreu Project in Rio Negro, Argentina.

Proceeds from the financing will be used solely for funding the development of the Calcatreu Project.

Top Money Moves

Lead Investors

• poLight: $16,190,992 | Manufacturing | Lead Investor: Q Tech

• Lumina Gold: $48,000,000 | Mining | Lead Investor: Wheaton Precious Metals Corp

• Patagonia Gold: $40,000,000 | Mining | Lead Investor: Black River Mine

• Benz Mining: $8,595,578 | Mining | Lead Investor: Spartan Resources

• Excellon Resources: $3,604,804 | Mining | Lead Investor: Eric Sprott

• IMPACT Silver Corp: $3,582,157 | Mining | Lead Investor: Trafigura

• Ardea Resources: $2,916,193 | Mining | Lead Investor: Sumitomo Metal Mining

• Spark Energy Minerals: $1,622,781 | Mining | Lead Investor: Sorbie Bornholm

• Motorsport Games Inc.: $2,400,000 | Video Games | Lead Investor: Pimax VR

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]