Next Gen Metals Inc. (CSE:N,OTC:NXTTF,FWB:M5BN) announced a non-brokered private placement of up to 3,000,000 units for gross proceeds of up to $300,000.
As quoted in the press release:
Each Unit (“Unit”) at a price of $0.10 per unit will consist of one common share (a “Common Share”) and one-half of one, non-transferrable share purchase warrant (a “Warrant”). Each full Warrant entitles the holder to purchase one Common Share at a price of $0.20 per share during the first year, $0.30 per share during the second year and $0.40 per share during the third year.
“Resource Forecast 2016 – Expert Opinions Covering Precious Metals, Energy, Critical Metals, and More”
Click here to discover what the experts see coming in 2016 and beyond with our INN Insider's Report (value of $49) for FREE. Limited time offer. No credit card required.