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EMC Announces Completion of C$885,308 First Tranche Private Placement
EMC Announces Completion of C$885,308 First Tranche Private Placement Reno, Nevada ...
About this update from Scandium International Mining Corp.
[{"type":"text","content":"EMC Announces Completion of C$885,308 First Tranche Private Placement \n\t\t\tbody { font-size: 11pt;\n\t\t\t}\n\n\t\t\t.nr-sub-head ul,\n\t\t\t.nr-body ul {\n\t\t\t\tlist-style-type: disc;\n\t\t\t\tmargin-left: 2em;\n\t\t\t}\n\n\t\t\t.nr-sub-head ol,\n\t\t\t.nr-body ol {\n\t\t\t\tmargin-left: 2em;\n\t\t\t}\n\t\t\t\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px;\n\t\t\t\t\t-webkit-margin-before: 0px;\n\t\t\t\t\t-webkit-margin-after: 0px;\n\t\t\t\t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 11pt !important;\n\t\t\t } \n\n\t\t\ttbody {\n\t\t\t\tborder-top: 0;\n\t\t\t}\t\t\t\n\t\t\t \n\t\t\t H1 {font-weight: bold;\n\t\t\t\tfont-size: 16pt;\n\t\t\t }\n\t\t\t \n\t\t\t H2 {font-weight: bold;\n\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\t\t\t \n\t\t\t H3 {font-weight: bold;\n\t\t\t\tfont-size: 11pt;\n\t\t\t }\n\t\t\t \n\t\t\t \n\t\t\t H1.nr-head {font-family: Trebuchet MS;\n\t\t\t \t\tfont-size: 16pt;\n\t\t\t \t\tcolor: #3D86C6;\n\t\t\t \t\tfont-weight:bold;\n\t\t\t \t\ttext-align:center;\n\t\t\t }\n\t\t\t \n\t\t\t H2.nr-sub-head {font-weight: bold;\n\t\t\t \t\tdisplay: block;\n\t\t\t \t\ttext-align: start;\n\t\t\t \t\tfont-family: Arial;\n\t\t\t\t\tfont-size: 12pt;\n\t\t\t }\n\t\t \n\t\t\t .nr-body a { font-size: 11pt; \n\t\t\t }\n\t\t\t \n\t\t\t TABLE { width: auto!important; \n\t\t\t }\n\t\t\n\t\t EMC Announces Completion of C$885,308 First Tranche Private Placement\n Reno, Nevada (FSCwire) - EMC Metals Corp. (the “Company” or “EMC”) (TSX: EMC) announces that it has completed the first tranche of a private placement of 10,415,396 common shares of the Company at a price of C$0.085 per share for gross proceeds of $C885,308.66.\n\n\n\nThe proceeds from the financing will be used for general working capital, and specifically for the advancement of the Company’s Nyngan Scandium Project in NSW, Australia.  The Company paid finders’ fees of approximately $29,000 on the transaction.\n\n\n\nAll securities issued under the private placement are subject to a Canadian hold period expiring four months after the closing date.  The securities are also subject to restrictions on resale under U.S. federal securities laws.\n\n\n\nFor additional information please contact:\n\n\nEMC Metals Corp.\n\nInvestor Relations;  (775)-233-7328 or  (925) 208-1775 or [email protected]\n \n\nN...