01:41:37 EDT Wed 15 May 2024
Enter Symbol
or Name
USA
CA



Emergent Metals Corp
Symbol EMR
Shares Issued 29,208,670
Close 2023-12-20 C$ 0.095
Market Cap C$ 2,774,824
Recent Sedar Documents

Emergent Metals closes $406,000 private placement

2023-12-20 16:17 ET - News Release

Mr. David Watkinson reports

EMERGENT METALS CLOSES FLOW THROUGH PRIVATE PLACEMENT

Emergent Metals Corp. has closed a non-brokered flow-through private placement and issued 2.9 million flow-through common shares in the capital of the company at a price of 14 cents per share for gross proceeds of $406,000. Emergent intends to use the net proceeds of the offering for qualifying exploration of Emergent's properties in Quebec.

The company will pay aggregate finder's fees of $32,480 and issue 232,000 share purchase warrants in connection with subscriptions from subscribers introduced to the offering by qualified finders. Each finder's warrant is exercisable to acquire one common share in the capital of the company at an exercise price of 14 cents per common share until Dec. 20, 2025, which is 24 months from the date of issuance.

The offering remains subject to final approval of the TSX Venture Exchange. The securities issued under the offering will be subject to a statutory hold period expiring four months and one day from the date of issuance of such securities.

About Emergent Metals Corp.

Emergent is a gold and base metal exploration company focused on Nevada and Quebec. The company's strategy is to look for quality acquisitions, add value to these assets through exploration, and monetize them through sale, joint ventures, option, royalty and other transactions to create value for its shareholders (an acquisition and divestiture business model).

We seek Safe Harbor.

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