Zincore Announces Non-Brokered Financing of Up To C$861,000

Zincore Metals Inc. (TSX:ZNC) announced a non-brokered private placement of up to C$861,000 consisting of up to 6,379,040 units at a price of C$0.135 per unit.

As quoted in the press release:

Each Unit will be comprised of one common share and one-half of a common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share at C$0.19 for up to 24 months. The Company may pay a finder’s fee equal to a cash payment of 6% of gross proceeds.

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