21:11:45 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Bolt Metals Corp (3)
Symbol BOLT
Shares Issued 2,213,050
Close 2024-04-15 C$ 0.34
Market Cap C$ 752,437
Recent Sedar Documents

Bolt Metals arranges $231,000 private placement

2024-04-15 20:25 ET - News Release

Mr. Ranjeet Sundher reports

BOLT METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Bolt Metals Corp. intends to complete a non-brokered private placement of up to 1.1 million units at 21 cents per unit for gross proceeds of up to $231,000. Each unit comprises one common share in the capital of the company and one transferable common share purchase warrant. Each warrant entitles the holder to acquire one common share at 50 cents for two years from the date of issuance.

In connection with the offering, the company may pay finders' fees to qualified non-related parties, in accordance with the policies of the Canadian Securities Exchange, being 7-per-cent cash commission on total proceeds raised by the finder. The company intends to use the net proceeds from the offering for general working capital purposes.

All securities issued under the offering, including securities issuable on exercise thereof, will be subject to a hold period expiring four months and one day after issuance, in accordance with the rules and policies of the exchange, and applicable Canadian securities laws.

About Bolt Metals Corp.

Bolt Metals is a Canadian-based exploration company focused on the acquisition and development of production-grade battery metals projects within the Asia-Pacific region, employing a vertically integrated minerals-to-market strategy to leverage these assets to their fullest.

We seek Safe Harbor.

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