IMetal Resources Announces Non-Brokered Private Placement Offering for Gross Proceeds of up to $1,500,000
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 ha annunciato un'offerta di collocamento privato non intermediazione per raccogliere fino a 1,5 milioni di dollari attraverso la vendita di 10 milioni di unità a 0,15 dollari per unità. Ogni unità comprende un'azione comune e un warrant di acquisto azionario trasferibile, con ogni warrant che consente l'acquisto di un'ulteriore azione a 0,20 dollari per due anni dalla chiusura. I proventi finanzieranno l'esplorazione e il perforamento delle proprietà della società e il capitale circolante generale. I titoli avranno un periodo di blocco di quattro mesi e un giorno, e le commissioni di intermediazione potrebbero essere pagate previa approvazione della Borsa di Venture TSX.
iMetal Resources ha anunciado una oferta de colocación privada no mediada para recaudar hasta 1,5 millones de dólares a través de la venta de 10 millones de unidades a 0,15 dólares por unidad. Cada unidad incluye una acción común y una opción de compra de acciones transferible, donde cada opción permite la compra de una acción adicional a 0,20 dólares durante dos años a partir del cierre. Los ingresos financiarán la exploración y la perforación en las propiedades de la empresa y el capital de trabajo general. Los valores tendrán un período de retención de cuatro meses y un día, y se pueden pagar honorarios de intermediación sujetos a la aprobación de la Bolsa de Valores TSX Venture.
iMetal Resources는 브로커가 필요 없는 사모펀드 공모를 발표하여 10백만 유닛을 유닛당 0.15달러에 판매하여 최대 150만 달러를 모금할 예정이다. 각 유닛에는 하나의 보통주와 하나의 이전 가능한 주식매입권이 포함되어 있으며, 각 주식매입권은 종료일로부터 2년 이내에 0.20달러에 추가 주식 구매를 허용한다. 수익금은 회사 소유의 탐사 및 시추 활동과 일반 운영 자금으로 사용된다. 증권은 4개월 1일의 보유 기간이 있으며, 브로커 수수료가 지급될 수 있지만 이는 TSX 벤처 거래소의 승인을 받아야 한다.
iMetal Resources a annoncé une offre de placement privé non médiatisée pour lever jusqu'à 1,5 million de dollars par la vente de 10 millions d'unités à 0,15 dollar par unité. Chaque unité comprend une action ordinaire et un bon de souscription d'actions transférable, chaque bon permettant l'achat d'une action supplémentaire à 0,20 dollar pendant deux ans à partir de la clôture. Les produits serviront à financer l'exploration et le forage sur les propriétés de la société ainsi qu'à des besoins de fonds de roulement général. Les titres seront soumis à une période de blocage de quatre mois et un jour, et des frais de finder's peuvent être payés sous réserve de l'approbation de la Bourse de croissance TSX.
iMetal Resources hat eine nicht vermittelte Privatplatzierung angekündigt, um bis zu 1,5 Millionen Dollar durch den Verkauf von 10 Millionen Einheiten zu einem Preis von 0,15 Dollar pro Einheit zu beschaffen. Jede Einheit besteht aus einer Stammaktie und einem übertragbaren Aktienoptionsschein, wobei jeder Optionsschein den Kauf einer zusätzlichen Aktie zu 0,20 Dollar für zwei Jahre nach dem Abschluss ermöglicht. Die Erlöse werden die Exploration und Bohrungen in den Liegenschaften des Unternehmens sowie das allgemeine Betriebskapital finanzieren. Die Wertpapiere unterliegen einer Haltedauer von vier Monaten und einem Tag, und Vermittlungsgebühren können nach Genehmigung durch die TSX Venture Exchange gezahlt werden.
- Raising up to $1.5 million in new capital
- Proceeds will fund exploration and drilling activities
- Potential shareholder dilution through issuance of 10 million new units
- Additional dilution possible through warrant exercise
VANCOUVER, BC / ACCESSWIRE / November 4, 2024 / iMetal Resources Inc. (TSX.V:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce a non-brokered private placement of units (each, a "Unit") to raise gross proceeds of up to
The Company intends to use the net proceeds of the Offering towards further exploration and drilling at the Company's properties as well as for general working capital.
All securities issued under the Offering will be subject to a hold period which will expire on the date that is four months and one day from the date of issue. Finder's fees may be paid on the Offering pursuant to the policies of the TSX Venture Exchange (the "TSXV").
The issuance of the securities, and the payment of any finder's fees are subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSXV.
About iMetal Resources Inc.
iMetal is a Canadian-based junior exploration company focused on the exploration and development of its portfolio of resource properties in Ontario and Quebec. The flagship property Gowganda West, is an exploration-stage gold project with a recent discovery hole of 48.5m at 0.85 g/t gold that borders the Juby Deposit and is located within the Shining Tree Camp area in the southern part of the Abitibi Greenstone Gold Belt about 100 km south-southeast of the Timmins Gold Camp. The 220-hectare Ghost Mountain property, 42 kilometres NE of Kirkland Lake, lies 5 kilometresW of Agnico Eagle's Holt and Holloway Mine. Carheil is an exploration stage project with multi-metal potential and previous graphite results. The project is about 170 km north of Rouyn-Noranda in the Northern Abitibi Greenstone Belt.
ON BEHALF OF THE BOARD OF DIRECTORS,
Saf Dhillon
President & CEO
iMetal Resources Inc.
saf@imetalresources.ca
Tel. (604-484-3031)
Suite 550, 800 West Pender Street, Vancouver, British Columbia, V6C 2V6.
https://imetalresources.ca
Neither the 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.
This release may contain forward-looking statements or forward-looking information under applicable Canadian securities legislation that may not be based on historical fact, including, without limitation, statements containing the words "believe", "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "potential", and similar expressions. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of iMetal to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. Forward-looking statements or information in this release relates to, among other things, the use of proceeds with respect to the Offering, further exploration and drilling at Gowganda West and the Company's ability to gain approval from the TSX Venture Exchange. These forward-looking statements are based on management's current expectations and beliefs and assume, among other things, the ability of the Company to successfully pursue its current development plans, that future sources of funding will be available to the company, that relevant commodity prices will remain at levels that are economically viable for the Company and that the Company will receive relevant permits in a timely manner in order to enable its operations, but given the uncertainties, assumptions and risks, readers are cautioned not to place undue reliance on such forward-looking statements or information. The Company disclaims any obligation to update, or to publicly announce, any such statements, events or developments except as required by law.
SOURCE: iMetal Resources, Inc.
View the original press release on accesswire.com
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