23:50:29 EDT Wed 10 Jun 2026
Enter Symbol
or Name
USA
CA



EMP Metals Corp
Symbol EMPS
Shares Issued 124,227,917
Close 2026-06-10 C$ 0.55
Market Cap C$ 68,325,354
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EMP Metals closes second tranche of financing

2026-06-10 20:31 ET - News Release

Mr. Karl Kottmeier reports

EMP METALS CLOSES SECOND TRANCHE FINANCING

EMP Metals Corp. has closed the second tranche of its previously announced non-brokered private placement financing (see news release dated May 12, 2026, May 25, 2026, and May 27, 2026), by issuing 1,008,000 units at 50 cents per unit for gross proceeds of $504,000.

Each unit under the offering consisted of one common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional share at a price of 70 cents per share for a period of one year from the date of issue.

All securities issued will be subject to a statutory hold period of four months plus one day from closing and the hold period contemplated in Canadian Securities Exchange policies.

In connection with the second tranche, the company paid finders cash fees totalling $13,260 and issued a total of 26,520 warrants. Each finder's warrant is exercisable at 70 cents per share for a period of one year from the date of issue.

The net proceeds of the offering will be used for the development costs of its lithium brine properties in Saskatchewan and for general working capital purposes.

Master services agreement

The company is also pleased to announce that it has entered into a master services agreement dated June 9, 2026, with Native Ads Inc., a company with operations in New York that provides strategic digital media services, and marketing and data analytics services, to assist the company in its investor awareness marketing campaign. Native Ads will assist the company in enhancing its visibility with potential investors by providing the services over a 12-month term, for a total cost of $150,000 (U.S.) for the first month of service commencing in Q2 (second quarter) 2026, payable in advance, followed by a budget of $100,000 (U.S.) for the second and third month, and an intended budget of $70,000 (U.S.) for each following month that the company determines to continue. Pursuant to the master services agreement, the company may at its sole discretion, pause, discontinue or extend the campaign.

Native Ads and its principal, Jon Malach, are arm's length to the company. As of the date of this news release, to the knowledge of the company, neither Native Ads, nor any of its directors and officers, own any interest, directly or indirectly, in the securities of the company.

The contact information for Native Ads is as follows: 244 Fifth Ave., Suite –249, New York, N.Y., 10001, telephone: 1-866-773-3540; e-mail: info@nativeads.com.

About EMP Metals Corp.

EMP is a Canadian-based lithium exploration and development company focused on large-scale resources using direct lithium extraction (DLE). EMP currently holds over 205,000 net acres (83,000 hectares) of subsurface dispositions and strategic wellbores in Southern Saskatchewan.

We seek Safe Harbor.

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