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Omineca Mining and Metals Expands Non-Brokered Private Placement
Omineca Mining and Metals Expands Non-Brokered Private Placement Canada NewsWire ...
About this update from Omineca Mining And Metals Ltd.
[{"type":"text","content":"\n\n\n\nOmineca Mining and Metals Expands Non-Brokered 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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nSASKATOON, April 11, 2019\n\n\n\n/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./\n SASKATOON, April 11, 2019 /CNW/ - Omineca Mining and Metals Ltd. (TSXV: OMM) (\"Omineca\" or the \"Company\") announces that it is expanding the size of its non-brokered private placement announced on March 14, 2019 from the original maximum of 10,000,000 units of the Company at $0.05 per unit, to 11,000,000 units for gross proceeds of up to $550,000. \nEach unit consists of one (1) common share and one (1) common share purchase warrant. Each warrant entitles the holder to acquire one (1) common share at $0.10 for 24 months following closing of the offering.  Proceeds will be used to finance transaction costs related to the bulk sampling program announced on March 1, 2019, along with planning the 2019 hard rock exploration program, and for general working capital. \nAbout Omineca Mining and Metals Ltd.\nOmineca Mining and Metals Ltd.'s primary property is the 2700 ha Wingdam Project is located 45 km east of Quesnel B.C. on the Barkerville highway.  The property overlies both placer and hard-rock tenures along the Lightning Creek valley, where topographic conditions have created a deep overburden accumulation which effectively resulted in a large portion of the channel being excluded from conventional surface placer mining activity.  Further information can be found at www.ominecaminingandmetals.com\nThis news release does not constitute an offer to sell, or the solicitation of an offer to buy securities in any jurisdiction in which such offer or solicitation would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.\nThe securities offered under the offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the \"Securities Act\"), or the securitie...