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Norra Metals Corp
Symbol NORA
Shares Issued 53,750,173
Close 2020-08-19 C$ 0.06
Recent Sedar Documents

Norra Metals arranges $1.25-million private placement

2020-08-20 12:58 ET - News Release

Subject: NR PP (August 20 2020) (FINAL doc) Word Document File: '\\doc\emailin\20200820 094120 Attachment NR PP (August 20 2020) (FINAL doc).docx' N E W S R E L E A S E NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES Norra Metals Announces Private Placement VANCOUVER, BC - August 19, 2020 - Norra Metals Corp. (the "Company") (TSX-V:NORA) is pleased to announce non-brokered private placement (the "Private Placement") offering of up to 25,000,000 units ("Units") at a price of $0.05 per Unit for gross proceeds of up to $1,250,000. Each Unit will consist of one common share and one share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.15 for two (2) years following the closing of the Private Placement. In the event the Private Placement is over-subscribed, the Company will make provision for an over-allotment option (the "Over-Allotment Option") to allow the Company to increase the size of the Private Placement by up to 10% and issue an additional 2,500,000 Units for additional gross proceeds of $125,000. The Company intends to use the net proceeds of the Private Placement for its working capital. The issuance of the Units is subject to the approval of the TSX Venture Exchange. All securities issued pursuant to the Private Placement will be subject to a six month hold period. ON BEHALF OF THE BOARD OF NORRA METALS CORP. Per: "Minaz Devji" Minaz Devji, CEO and Director Contact info: Tel: (604) 258-8666 Email: mike.devji@norrametals.com This news release was prepared by Company management, who take full responsibility for its content.Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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