Critical Elements Closes Second Tranche of $165,000

Critical Elements Corporation (TSXV:CRE) has closed the second tranche of a non-brokered private placement by issuing 660,000 units of common shares at a price of $0.25 per share for gross proceeds of $165,000.

As quoted in the press release,

The Company has issued 660,000 units of common shares at a price of $0.25 per share for gross proceeds of $165,000. Each unit consists of one common share priced at $0.25 and one half of one purchase warrant. Each whole purchase warrant entitles the holder thereof to purchase one common share of the Corporation for a period of 36 months at a price of $0.35 per share.

Click here to read the full Critical Elements Corporation (TSXV:CRE) press release