EMC Metals Completes C$1,279,814 Common Share Private Placement

EMC Metals Corp. (TSX:EMC) has completed a two tranche private placement totalling C$1,279,814 in gross proceeds, at a price of C$0.085 per share. EMC will use proceeds from the financing for the advancement of its Nyngan Scandium Project in New South Wales, Australia and for general working capital.

As quoted in the private placement.

The first tranche of the placement totalled 10,415,396 common shares for gross proceeds of $C885,309 (announced June 27th, 2014) and the second tranche totalled 4,641,236 common shares for gross proceeds of C$394,505. The Company paid finders’ fees of approximately C$32,600 on the full transaction.

Click here to read the EMC Metals Corp (TSX:EMC) press release
Click here to see the EMC Metals Corp (TSX:EMC) profile.

Get the Latest Resource Investing Stock Information

Get the latest information about companies associated with Resource Investing delivered directly to your inbox.

+ see more
+ see more
Gold Bullion
Gold Production/Mining
+ see more
Gold Project Generators
Gold Resource Definition/Pre Feasibility
Gold Resource Expansion/Feasibility Study/PEA
Graphite Production/Mining
Graphite Prospecting and Exploration
Graphite Resource Definition/Pre Feasibility
Graphite Resource Expansion/Feasibility Study/PEA
Silver $0-15m
Silver $15-50m
Other Companies
+ see more

Select All Select None

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.


Leave a Reply