03:29:40 EDT Sun 19 May 2024
Enter Symbol
or Name
USA
CA



CMC Metals Ltd (3)
Symbol CMB
Shares Issued 140,887,831
Close 2023-09-20 C$ 0.10
Market Cap C$ 14,088,783
Recent Sedar Documents

CMC Metals private placement

2023-09-21 16:09 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced on Aug. 2, 2023, and amended on Aug. 17, 2023.

Number of shares:  2,047,500 non-flow-through (NFT) shares and 1,330,833 flow-through (FT) shares

Purchase price:  10 cents per NFT share and 12 cents per FT share

Warrants:  1,689,167 share purchase warrants to purchase 1,689,167 shares

Warrant exercise price:  15 cents for a two-year period

Number of placees:  19 placees

Aggregate existing insider involvement:  three insiders, 360,000 FT shares and 180,000 NFT shares

Finder's fee:  $5,055, 24,000 warrants

Finder's warrants terms:  Each non-transferable finder's warrant entitles the holder to purchase one common share at the price of 15 cents for period of two years from the date of issuance.

The company issued news releases on Aug. 25, 2023, Sept. 15, 2023, and Sept. 21, 2023, confirming closing of the private placement.

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