Business

EMC Announces Completion of Common Share Private Placement for a Total of C$470,425 in Proceeds

EMC Announces Completion of Common Share Private Placement for a Total of C$470,425 in Pr...

articleScandium International Mining Corp.August 27, 20145/company/scandium-international-mining-corp/news/emc-announces-completion-of-common-share-private-placement-for-a-total-of-cdollar470425-in-proceeds
EMC Announces Completion of Common Share Private Placement for a Total of C$470,425 in Proceeds

About this update from Scandium International Mining Corp.

[{"type":"text","content":"EMC Announces Completion of Common Share Private Placement for a Total of C$470,425 in Proceeds \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 !important;\n\t\t\t\tmargin-left: 2em !important;\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 !important;\n\t\t\t}\n\t\t\t\n\t\t\t.nr-body p, .nr-body {margin-bottom: 0px !important;\n\t\t\t\t\tmargin-top: 0px !important;\n\t\t\t\t\t-webkit-margin-before: 0px !important;\n\t\t\t\t\t-webkit-margin-after: 0px !important;\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 {\n\t\t\t \t\tfont-family: Trebuchet MS !important;\n\t\t\t \t\tfont-size: 16pt !important;\n\t\t\t \t\tcolor: #3D86C6 !important;\n\t\t\t \t\tfont-weight:bold !important;\n\t\t\t \t\ttext-align:center !important;\n\t\t\t \t\t\n\t\t\t }\n\t\t\t \n\t\t\t H2.nr-sub-head {font-weight: bold !important;\n\t\t\t \t\tdisplay: block !important;\n\t\t\t \t\ttext-align: start !important;\n\t\t\t \t\tfont-family: Arial !important;\n\t\t\t\t\tfont-size: 12pt !important;\n\t\t\t }\n\t\t \n\t\t\t .nr-body a { font-size: 11pt !important; \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 Common Share Private Placement for a Total of C$470,425 in Proceeds\n Reno, Nevada (FSCwire) - EMC Metals Corp. (the “Company” or “EMC”) (TSX: EMC) announces that it has completed a private placement of 5,534,411 common shares for a total of C$470,425 in gross proceeds, at a price of C$0.085 per share.   The Company paid finders’ fees of C$2,975 on the transaction.  A portion of the placement (31%) was sold to directors of the Company.\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.\n\n  \n\nAll securities issued under the private plac...

More updates from Scandium International Mining Corp.