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EMP METALS ANNOUNCES FINANCING OF UP TO $1,000,000
EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF) (FSE: 9ST) ("EMP Metals" or the "Company") is pleased to announce a non-brokered private placement financing of up to 2,000,000 units at a price of $0.50 per Unit, for gross proceeds of up to $1,000,000 (the "Offering").
About this update from Emp Metals Corp
VANCOUVER, BC, May 12, 2026 /CNW/ - EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF) (FSE: 9ST) ("EMP Metals" or the "Company") is pleased to announce a non-brokered private placement financing of up to 2,000,000 units at a price of $0.50 per Unit, for gross proceeds of up to $1,000,000 (the "Offering"). Each Unit will consist of one common share in the capital of the Company (each, a "Common Share") and one common share purchase warrant (each, a "Warrant"). Each Warrant will entitle the holder thereof to acquire one additional Common Share at an exercise price of $0.70 per Common Share for a period of one year from the date of issuance. The proceeds of the Offering will be used to fund advancement of the Company's Saskatchewan projects and for general working capital purposes. The Offering is expected to close on or about 15 days from the date of this news release, or such other date as may be determined by the Company, and is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory approvals, including the approval of the Canadian Securities Exchange (the "Exchange"). All securities issued will be subject to a statutory and/or Exchange hold period of four months plus one day from closing. The Company may pay finder fees in compliance with applicable securities laws and Exchange policies and subject to the receipt of any necessary regulatory approvals. The securities to be offered under the Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. About EMP Metals EMP is a Canadian-based lithium exploration and development company focused on large-scale resources using direct lithium extraction (DLE). EMP currently holds o...