Mr. Patrick Donnelly reports
TRIMERA ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF FLOW-THROUGH SHARES
Trimera Metals Corp. has arranged a non-brokered private placement of up to 285,714 common shares of the company, issued on a flow-through basis, pursuant to the Income Tax Act (Canada), at a price of 35 cents per FT share, for aggregate gross proceeds of up to $100,000. The company intends to use the gross proceeds from the offering toward exploration activities at the company's 1,692.22-hectare Tahlo Lake porphyry copper-molybdenum-gold property located in north-central British Columbia.
The securities offered pursuant to the offering will be subject to a statutory hold period of four months and a day from the date of issuance. The company may pay finders' fees on a portion of the gross proceeds of the offering. The offering remains subject to regulatory approval and the approval of the Canadian Securities Exchange.
About Trimera Metals Corp.
Trimera is a junior exploration company focused on the exploration, development and advancement of its Tahlo Lake property, located in south-central British Columbia. Tahlo Lake is composed of four wholly owned mining claims totalling approximately 1,692 hectares.
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