Mr. Jay Freeman reports
VOLTAGE METALS CORP. ANNOUNCES CLOSING OF PRIVATE PLACEMENT AND SHARES FOR DEBT TRANSACTION
Voltage Metals Corp. has closed its non-brokered private placement for gross proceeds of $155,190 through the issuance of 5,173,000 common shares at a price of three cents per share.
In addition, the company has settled $37,500 of indebtedness to an arm's-length trade creditor relating to exploration drilling services through the issuance of 1.25 million common shares.
Eligible finders were paid a cash commission equal to 3 per cent of the gross proceeds of subscriptions facilitated by such finders.
The company intends to use the proceeds for technical reporting, potential strategic acquisitions and general working capital.
All securities issued as described above will be subject to a four-month hold period in accordance with applicable Canadian securities laws.
About Voltage Metals Corp.
Voltage is a critical metal exploration and development company focused on Canadian projects near existing or past-producing mines.
We seek Safe Harbor.
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