- Emergent Metals Corp. (EMR) has announced a non-brokered private placement for gross proceeds of up to $1,000,000
- The company will issue up to 5,000,000 units at $0.20 per unit
- Net proceeds for exploration of Emergent’s properties in Quebec and Nevada and for general working capital
- Emergent is a gold and base metal exploration company focused on Nevada and Quebec
- Emergent Metals Corp. (EMR) opened trading at C$0.26
Emergent Metals Corp. (EMR) has announced a non-brokered private placement for gross proceeds of up to $1,000,000.
The company will issue up to 5,000,000 units at $0.20 per unit. Each unit will consist of one common share and one transferable share purchase warrant. Each warrant will be exercisable to acquire one additional share for $0.26 for 24 months from the closing date of the offering.
Net proceeds for exploration of Emergent’s properties in Quebec and Nevada and for general working capital.
Closing of the offering is subject to approval of the TSX Venture Exchange.
All securities issued will be subject to a statutory four-month hold period.
Emergent is a gold and base metal exploration company focused on Nevada and Quebec.
Emergent Metals Corp. (EMR) opened trading at C$0.26.