Business
New Age Metals Announces Private Placement
(via TheNewswire) December 27, 2019 - TheNewswire - Vancouver, BC, Canada - New Age ...
About this update from New Age Metals Inc
[{"type":"text","content":"New Age Metals Announces Private Placement(via TheNewswire)\n\n \nDecember 27, 2019 - TheNewswire - Vancouver, BC, Canada - New Age Metals Inc. (TSXV:NAM); (OTC:NMTLF); (FSE:P7J.F) has arranged for a non-brokered private placement of up to $75,000 flow-through units (\"NFT Unit\") at a price of $0.06 per flow-through unit (\"FT Unit\") of the Company.\n\n \n \nEach FT Unit will consist of one flow-through common share and one half of one non-transferable share purchase warrant (\"Warrant\") with each whole Warrant being exercisable at a purchase price of $0.10 per share for a period of two (2) years from the date of closing.\n\n\n \nThe securities to be issued in connection with the private placement will be subject to a four-month plus one-day hold period from the date of closing in accordance with applicable Canadian Securities Laws. Completion of the private placement and any finder's fees payable are subject to regulatory approval.\n\n \n \nThe proceeds of the private placement will be used for the Company's flagship project, the River Valley Platinum Group Metals Project located in Sudbury, Ontario and the Company's Lithium projects located near Winnipeg, Manitoba.\n\n \n \nOPT-IN LIST\n\n \n \nIf you have not done so already, we encourage you to sign up on our website (www.newagemetals.com) to receive our updated news or click here. \n\n \n \nOn behalf of the Board of Directors\n\n \n \n\"Harry Barr\"\n\n\n \nHarry G. Barr\n\n\n \nChairman and CEO\n\n \n \nADDITIONAL INFORMATION\n\n \n \nShould you have additional inquiries, please contact our field office at, Tel: 1-613-659-2773.\n\n \n \nNeither 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.\n\n \n \nCautionary Note Regarding Forward Looking Statements: This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as \"continue\", \"efforts\", \"expect\", \"believe\", \"anticipate\",...