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CMC Announces New $480,000 / $0.08 Unit Flow-Through Private Placement
(via TheNewswire) July 7, 2020 - TheNewswire - Vancouver, BC. - CMC Metals Ltd. - ("the ...
About this update from Walker Lane Resources Ltd.
[{"type":"text","content":"CMC Announces New $480,000 / $0.08 Unit Flow-Through Private Placement(via TheNewswire)\n \n \nJuly 7, 2020 - TheNewswire - Vancouver, BC. - CMC Metals Ltd. - (\"the Company\") (TSXV:CMB) (OTC:CMCXF) wishes to announce that we have arranged a flow-through private placement to raise $480,000 to issue up to 6,000,000 flow-through common shares of its stock at $0.08 per unit. Each unit will consist of one common share and one transferrable share purchase Warrant. Every two transferrable warrants will be exercisable into one additional common share at $0.10 per share for a one-year period. The proceeds of this private placement will be used towards the Company's exploration program at the Silver Hart Property, Yukon which will include environmental and engineering studies of the access route, geophysical evaluation, drilling, reclamation planning, and other exploration activities.\n\n\n \nThere are no finder's fees payable pursuant to this transaction and this placement is subject to TSX Venture Exchange approval. \n\n\n \nAbout CMC Metals. \n\n\n \nCMC Metals Ltd. is a mineral exploration company focused on opportunities in the United States and Canada that offers potential for near-term cash flow. The Company is led by a seasoned team with experience developing assets to production. The Company's Silver Hart Property is a Silver-Lead-Zinc asset located in the Yukon, 132 km west of Watson Lake, and covers 2,200 hectares and 116 Contiguous and partial claims.\n\n\n \nCMC is a precious metals exploration and development company working in Yukon and is actively seeking other projects to acquire in its portfolio. \n\n\n \nOn behalf of the Board:\n\n\n \n\"John Bossio\"_______ \n\n\n \nJohn Bossio, Chairman\n\n\n \nCMC METALS LTD.\n\n \n \nFor further information concerning the CMC Metals Ltd., or its exploration projects, please contact:\n\n \n \nInvestor Inquiries: Kevin Brewer, P. Geo.\n\n\n \nPresident, CEO and Director\n\n\n \nTel: (604) 605-0166\n\n\n \[email protected]\n\n \n \nTo be added to CMC's news distribution list, please send an email to [email protected] or contact Mr. Kevin Brewer at 604-605-0166.\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...