Welcome to our dedicated page for Imetal Res news (Ticker: IMRFF), a resource for investors and traders seeking the latest updates and insights on Imetal Res stock.
iMetal Resources Inc. (IMRFF) is a Canadian junior exploration company advancing gold and multi-metal projects in Ontario and Quebec's prolific mining regions. This page provides investors and stakeholders with direct access to all official news releases and regulatory filings, offering a transparent view of the company's exploration progress and strategic decisions.
Stay informed on critical developments including drilling results from flagship projects like Gowganda West, financial updates from private placements, and operational milestones across its portfolio. The curated news collection serves as a reliable resource for tracking resource estimates, partnership announcements, and technical advancements in line with industry standards.
Bookmark this page to monitor IMRFF's exploration trajectory through verified updates. Check regularly for new filings that reflect the company's ongoing commitment to gold discovery and responsible resource development in Canada's premier mining jurisdictions.
iMetal Resources (OTCQB: IMRFF) has announced a non-brokered private placement offering of up to 50,000,000 units at $0.10 per unit, aiming to raise gross proceeds of up to $5,000,000.
Each unit consists of one common share and one transferable share purchase warrant. The warrants allow holders to purchase additional shares at $0.20 per share for 24 months, with an acceleration clause if the stock price exceeds $0.50 for ten consecutive trading days.
The company plans to use the proceeds for exploration of current properties, potential new acquisitions, and general working capital. The offering is subject to regulatory approvals, and securities will have a four-month hold period.
iMetal Resources (TSXV: IMR) (OTCQB: IMRFF) has announced the granting of 700,000 incentive stock options to its directors, officers, and consultants. The options are immediately vested and can be exercised at $0.21 per share with an expiration date of February 5, 2030. This grant is in accordance with the company's stock option plan.
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.
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