20:07:37 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Adamera Minerals Corp
Symbol ADZ
Shares Issued 235,632,928
Close 2023-12-04 C$ 0.05
Market Cap C$ 11,781,646
Recent Sedar Documents

Adamera Minerals arranges $200,000 private placement

2023-12-05 12:17 ET - News Release

Mr. Mark Kolebaba reports

ADAMERA ANNOUNCES FINANCING

Adamera Minerals Corp. has arranged a non-brokered, non-flow-through financing of four million units at five cents per unit for gross proceeds of $200,000. Each unit is priced at five cents and will consist of one common share and one non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of 10 cents for a period of two years.

The securities issued pursuant to the private placement will be subject to a four-month hold period. Insiders will likely participate in this financing. The company intends to use the proceeds from the financing for exploration work and corporate operations.

The financing is subject to certain conditions, including, but not limited to, the receipt of all necessary approvals, including the approval of the TSX Venture Exchange.

About Adamera Minerals Corp.

Adamera Minerals is exploring for a high-grade gold deposit near Republic, Wash. This area has reportedly produced eight million ounces of gold. Adamera is the dominant regional explorer in the area.

We seek Safe Harbor.

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