- M3 Metals Corp. (MT) announced a non-brokered private placement for gross proceeds of $1,200,000
- The company will issue up to 5,000,000 units at a price of $0.24 per unit
- Proceeds will be used for exploration of the company’s G-South Project
- M3 Metals Corp. (MT) opened trading at C$0.40
M3 Metals Corp. (MT) announced a non-brokered private placement for gross proceeds of $1,200,000.
The company will issue up to 5,000,000 units at a price of $0.24 per unit. Each unit will consist of one common share and one share purchase warrant. Each warrant is exercisable for one additional common share at a price of $0.32 for two years.
Proceeds will be used for general working capital and exploration of the company’s G-South Project.
All securities issued are subject to a statutory four-month hold period.
M3 Metals Corp is a Canadian company focused on exploring mineral properties located in North America.
M3 Metals Corp. (MT) opened trading at C$0.40.