Imetal Res - IMRFF STOCK NEWS

iMetal Resources (IMRFF) has completed the first tranche of its non-brokered private placement, raising $670,002.90 through the issuance of 4,466,686 Units at $0.15 per Unit. Each Unit includes one common share and one transferable warrant, exercisable at $0.20 for two years. The proceeds will fund exploration work and general working capital. The securities have a hold period until April 21, 2025.

The company paid finders' fees totaling $21,577.50 and issued 143,850 Warrants to various financial firms. Company insiders participated in the placement, acquiring 666,667 Units, constituting a related party transaction exempt from formal valuation requirements under MI 61-101.

iMetal Resources has announced a non-brokered private placement offering to raise up to $1.5 million through the sale of 10 million units at $0.15 per unit. Each unit includes one common share and one transferable share purchase warrant, with each warrant allowing the purchase of an additional share at $0.20 for two years from closing. The proceeds will fund exploration and drilling at the company's properties and general working capital. The securities will have a four-month and one-day hold period, and finder's fees may be paid subject to TSX Venture Exchange approval.

iMetal Resources Inc. (IMRFF) decides not to proceed with the Kerrs Gold property option to focus on the Gowganda West asset, relieving itself of liabilities and obligations.

iMetal Resources Inc. completes drilling at the Carheil project in Quebec, targeting graphite horizons and regional structures. The company is pleased with the observed intersections and is eager to share results once assays are returned. The project has multi-metal potential and previous graphite results, making it an exciting jurisdiction to work in due to Quebec's mining-friendly government and people.

iMetal Resources Inc. (IMR) Announces Commencement of Drilling at Carheil Project in Quebec

iMetal Resources, Inc. (IMR) completes a non-brokered private placement of 5,200,000 flow-through common shares at $0.07 per share, generating $364,000. The proceeds will be used for Canadian exploration expenses and flow-through mining expenditures. The company also paid $25,480 and issued 364,000 share purchase warrants to a third-party. All securities issued are subject to resale restrictions until March 14, 2024.

iMetal Resources Inc. (IMR) has engaged Global One Media to manage its social media channels, targeting Millennial and Gen Z investors. The company recently discovered gold on its Gowganda West property in Ontario, Canada, near the Juby Deposit in the Abitibi Greenstone Gold Belt.

iMetal Resources Inc. (TSXV:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) announces the results of an Airborne Magnetic survey at the Pigeon Lake block, providing crucial geological information for further exploration in the Abitibi Greenstone Gold Belt. The survey revealed a large alteration zone, indicating potential mineralization. Waring Minerals Inc. and GeoFizX Geophysical Consulting conducted the survey, producing high-quality results for drill targeting and exploration.

iMetal Resources Inc. (TSXV:IMR)(OTCQB:IMRFF)(FRA:A7V) announces positive results from an Airborne Magnetic survey at the Pear Lake block within the Gowganda West project, identifying two gold target areas. CEO Saf Dhillon expresses optimism for the potential of these new areas, complementing previous discoveries. The survey, completed by Waring Minerals Inc. and GeoFizX Geophysical Consulting, yielded high-quality results, improving resolution over previous surveys.