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CORRECTION FROM SOURCE to Press Release Announcing Closing of Second Tranche of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 28, 2024) - Visionary Metals Corp. (TSXV: V...
About this update from Visionary Metals Corp
[{"type":"text","content":"CORRECTION FROM SOURCE to Press Release Announcing Closing of Second Tranche of Non-Brokered Private PlacementVancouver, British Columbia--(Newsfile Corp. - August 28, 2024) - Visionary Metals Corp. (TSXV: VIZ) (\"Visionary\" or the \"Company\") is issuing the following press release to amend its press release dated August 8, 2024, to correct the disclosure regarding the amount of units of the Company (each, a \"Unit\") issued on closing of its second tranche (the \"Second Tranche\") of its previously announced non-brokered private placement (the \"Offering\").The Company issued 5,240,000 Units at a price of $0.05 per Unit (the \"Offering Price\") for gross proceeds of $262,000 in the Second Tranche for a total of 8,276,000 Units and total gross proceeds of $413,800 in the Offering as a whole, while the previous incorrect disclosure provided that the Company issued 5,140,000 Units for gross proceeds of $257,000 in the Second Tranche for a total of 8,176,000 Units and total gross proceeds of $408,800 in the Offering as a whole. In connection with the above correction, the correct number of Units issued by the Company under the listed issuer financing exemption was 600,000 rather than 500,000 previously disclosed.This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.All $ amounts herein are in Canadian dollars unless otherwise noted.About Visionary Metals Corp:Visionary Metals Corp. is a Vancouver-based mineral exploration company focused on making new electric metals discoveries in Fremont County, Wyoming. Visionary's mission is to explore responsibly and to develop resources in a manner that is beneficial to all stakeholders. While central Wyoming has a strong mining history and favourable geologic conditions to host many types of metal deposits, it has never been systematically explored using modern techniques. The Company now controls a land package greater than 55 square kilometres with numerous drill ready targets, all accessible by road and within a one-hour drive from Visionary's US headquarters in...