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EMC Metals Reports Private Placement of 11,679,625 Common Shares
Jul. 23, 2012 07:37AM PST
Company NewsEMC Metals Corp. (TSX:EMC) reported subscriptions were received for a private placement of 11,679,625 common shares of the Company.
As quoted in the press release:
The shares were offered at a price of $0.06 per share for gross proceeds of $700,750. The proceeds from the financing will be used for general working capital and re-start work on the Springer Tungsten mine in Imlay, Nevada.
Click here to read the EMC Metals (TSX:EMC) press release
Click here to see the EMC Metals (TSX:EMC) profile
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