Business
E3 Metals Closes Oversubscribed Private Placement
E3 Metals Closes Oversubscribed Private Placement Canada NewsWire CALGARY, April...
About this update from E3 Lithium Ltd
[{"type":"text","content":"\n\n\n\nE3 Metals Closes Oversubscribed Private Placement\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnvat{\nVERTICAL-ALIGN: TOP\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n\n\n\n\n\n\n\nCanada NewsWire\nCALGARY, April 4, 2019\n\n\n\n/THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES/\n CALGARY, April 4, 2019 /CNW/ - E3 METALS CORP. (TSXV: ETMC, FSE: OU7A, OTC: EEMMF) (the \"Company\" or \"E3 Metals\") is pleased to announce the successful closing of its non-brokered private placement financing (the \"Offering\") announced on March 26, 2019.  Under the Offering, the Company has issued 3,971,983 units of the Company (the \"Units\") at a price of $0.35 per Unit for gross proceeds of $1,390,194.05.  Each Unit comprises one common share (a \"Share\") and one-half of one common share purchase warrant (a \"Warrant\").   Each Warrant entitles the holder to acquire one additional common share at an exercise price of $0.45 for a period of 24 months following the date of issuance.  Due to strong demand, the Company accepted oversubscriptions of approximately 32% or $445,000.00 more than the original $945,000.00 target.  On Closing of the Offering E3 Metals has 24,973,985 common shares issued and outstanding. \n\n \n \n\n \nIn accordance with applicable securities laws and the policies of the TSX Venture Exchange (\"TSXV\"), the Company paid an aggregate $43,541.69 in cash commission, and issued an aggregate 124,404 finders' warrants (the \"Finders' Warrants\"), each Finders' Warrant entitling the holder to acquire one additional common share at an exercise price of...