Business
Emperor Metals Announces $6.5 Million "Best Efforts" Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2025) - Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) (the "Corporation" or "Emperor Metals") is pleased to announce that it has entered into an agreement with SCP Resource Finance LP ("SCP") to act as lead agent and sole bookrunner on behalf of a syndicate of agents to be formed (together with SCP, the "Agents") in connection with a "best efforts" offering to raise gross proceeds of up to $6,500,080 (the "Offering")...
About this update from Emperor Metals, Inc.
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - September 10, 2025) - Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FSE: 9NH) (the "Corporation" or "Emperor Metals") is pleased to announce that it has entered into an agreement with SCP Resource Finance LP ("SCP") to act as lead agent and sole bookrunner on behalf of a syndicate of agents to be formed (together with SCP, the "Agents") in connection with a "best efforts" offering to raise gross proceeds of up to $6,500,080 (the "Offering") consisting of:","length":578,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Up to 12,500,000 units of the Corporation (each a "Common Unit") at a price of $0.20 per Common Unit (the "Common Issue Price") for gross proceeds of up to $2,500,000; and","length":191,"tagName":"p"}]},{"val":[{"type":"text","content":"Up to 14,286,000 units of the Corporation issued on a "flow-through" basis (each a "FT Unit", together with the Common Units, the "Offered Securities") at a price of $0.28 per FT Unit (the "FT Issue Price") for gross proceeds of up to $4,000,080.","length":286,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":477,"olType":false},{"type":"text","content":"The Corporation has also granted to the Agents an option exercisable, in whole or in part, up to three business days prior to closing of the Offering, to increase the size of the Offering by up to an additional 15% of the number of Offered Securities.","length":251,"tagName":"p"},{"type":"text","content":"Each Common Unit will be comprised of (i) one common share of the Corporation (a "Common Share") and (ii) one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant shall be exercisable to acquire one Common Share at a price of $0.35 per Common Share for a period of 24 months from the closing of the Offering. Each FT Unit will be comprised of (i) one Common Share issued on a "flow-through" basis (a "FT Share") and (ii) one-half of one Warrant. Each FT Share will qualify as a "flow-through share" (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec). It is contemplated that s...