Emergent Announces Private Placement

About this update from Emergent Metals Corp

[{"type":"text","content":"Emergent Announces Private Placement\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, British Columbia –\n \n\n TheNewswire -\n \n\n August 19, 2024 – Emergent Metals Corp.\n(\"Emergent\" or the “Company”) (TSX Venture Exchange:\nEMR)\n \n\n announces that it will conduct a\nnon-brokered private placement (the \"\n \n\n Offering\n \n\n \") of up\nto 20,000,000 units (the \"\n \n\n Units\n \n\n \") at a price of CDN$0.05\nper Unit to raise gross proceeds of up to CDN$1,000,000.  Each Unit\nwill consist of one common share in the capital of the Company (a\n“\n \n\n Share\n \n\n ”) and one whole non-transferable common share purchase\nwarrant (a “\n \n\n Warrant\n \n\n ”).  Each whole Warrant will be\nexercisable to acquire one Share at an exercise price of CDN$0.10 per\nShare for a period of 24 months from the date of issuance, subject\nto the following acceleration right. If, at any time after the date\nthat is 4 months and one day after the date of issuance of the\nWarrants, the closing price of the Company’s common shares on the\nTSX Venture Exchange (or such other stock exchange on which the common\nshares may be traded from time to time) is at or above CDN$0.15 per\nshare for a period of 10 consecutive trading days (the “Triggering\nEvent”), in which event the Company may, within 5 days of the\nTriggering Event, accelerate the expiry date of the Warrants by giving\nnotice thereof to the holders of the Warrants, by way of news release,\nand in such case the Warrants will expire on the first day that is 30\ncalendar days after the date on which such notice is given by the\nCompany announcing the Triggering Event.\n \n\n\n\n Interested parties can access detailed information\nabout the Offering and easily subscribe through the Capiche platform\nby clicking\n \n\n\n\n HERE\n \n\n\n\n .\n \n\n\n\n Emergent is a junior mining company that focuses on\nacquisition, advancement, and divestiture of exploration projects\n(A&D business model).  The Company has a portfolio of quality\nprojects in Nevada and Quebec in various stages of development, from\nearly-stage exploration projects to advanced stage exploration\nprojects (properties with NI 43-101 ...

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