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EMP METALS ANNOUNCES FINANCING OF UP TO $1,000,000
EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF) (FSE: 9ST) ("EMP Metals" or the "Company") is pleased to announce a non-brokered private placement financing of up to 2,000,000 units at a price of $0.50 per Unit, for gross proceeds of up to $1,000,000 (the "Offering").
About this update from Emp Metals Corp
[{"type":"text","content":"VANCOUVER, BC, May 12, 2026 /CNW/ - EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF) (FSE: 9ST) ("EMP Metals" or the "Company") is pleased to announce a non-brokered private placement financing of up to 2,000,000 units at a price of $0.50 per Unit, for gross proceeds of up to $1,000,000 (the "Offering").","length":330,"tagName":"p"},{"type":"image","alt":"EMP Metals Corp. (CNW Group/EMP Metals Corp.)","displaySize":"","headline":null,"caption":"EMP Metals Corp. (CNW Group/EMP Metals Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":191,"url":"https://media.zenfs.com/en/cnwgroup.com/2443cf20fba0398b191e302c4aff4398"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/W71jh5Kn6iyCYtMYHCA5vg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTMzNztjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/2443cf20fba0398b191e302c4aff4398","width":400,"height":191},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/uDdlHAsNjUzEjiDCtZLa.Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTMwNjtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/2443cf20fba0398b191e302c4aff4398","width":400,"height":191}},"href":"https://mma.prnewswire.com/media/2978412/EMP_Metals_Corp__EMP_METALS_ANNOUNCES_FINANCING_OF_UP_TO__1_000_.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one common share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one additional Common Share at an exercise price of $0.70 per Common Share for a period of one year from the date of issuance.","length":359,"tagName":"p"},{"type":"text","content":"The proceeds of the Offering will be used to fund advancement of the Company's Saskatchewan projects and for general working capital purposes.","length":146,"tagName":"p"},{"type":"text","content":"The Offering is expected to close on or about 15 days from the date of this news release, or such other date as may be determined by the Company, and is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange (the "Exchange"). All securities issued will be subject to a statutory and/or Exchange h...