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    EMC Metals Complete Private Placement

    Investing News Network
    Jul. 30, 2012 01:26PM PST
    Company News

    EMC Metals Corp.(TSX:EMC) announced the completion of a private placement for gross proceeds of $700,777.

    EMC Metals Corp.(TSX:EMC) announced the completion of a private placement for gross proceeds of $700,777.

    As quoted in the press release:

    The proceeds from the financing will be used for general working capital and re-start work on the Springer Tungsten mine in Imlay, Nevada.
    All securities issued under the private placement are subject to a Canadian hold period expiring four months after the closing date. The securities are also subject to restrictions on resale under U.S. federal securities laws.

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

    emc metalsprivate placementtungsten mine
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