23:36:11 EDT Mon 29 Apr 2024
Enter Symbol
or Name
USA
CA



Adamera Minerals Corp
Symbol ADZ
Shares Issued 235,732,928
Close 2023-12-21 C$ 0.05
Market Cap C$ 11,786,646
Recent Sedar Documents

Adamera closes $128,500 first tranche of financing

2023-12-22 12:58 ET - News Release

Mr. Mark Kolebaba reports

ADAMERA ANNOUNCES FINANCING

Adamera Minerals Corp. has closed the first tranche of the private placement financing of 2.57 million units for gross proceeds of $128,500. Each unit was priced at five cents and consists of one common share and one common share non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of 10 cents for two years of the closing date.

The securities issued pursuant to the private placement are subject to a four-month hold period expiring on April 28, 2024. No finder's fees were paid for this financing.

A director of the company purchased a total of 400,000 units under the private placement.

The financing is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval and acceptance by 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.

© 2024 Canjex Publishing Ltd. All rights reserved.