The Prospector News

EMP METALS RECEIVES APPROXIMATELY $2.5 MILLION FROM WARRANT EXERCISE

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

EMP METALS RECEIVES APPROXIMATELY $2.5 MILLION FROM WARRANT EXERCISE

 

 

 

 

 

EMP Metals Corp. (CSE: EMPS) (OTC: EMPPF) is pleased to provide an update on its previously announced acceleration of warrants expiry date issued on August 4, 2021 (see press release dated May 4, 2022).  The Company has completed the acceleration raising $2,478,421.62 from the exercise of 10,775,746 Warrants.  As a result, the Company now has approximately $3.8 million in cash on hand.

 

Rob Gamley, President of EMP Metals, stated, “With 97% of the warrants exercised, it is great to see such strong support and confidence in our Company from existing shareholders.  The additional cash strengthens our balance sheet and allows us to expand our exploration and development plans on our lithium-brine properties in Saskatchewan.”

 

About EMP Metals

 

EMP Metals is a Canadian-based exploration company focused on the acquisition and exploration of mineral projects with significant development potential. Its current portfolio includes lithium exploration projects in Saskatchewan, Canada.

 

Posted May 20, 2022

Share this news article

MORE or "UNCATEGORIZED"


South Pacific Metals Extends the Mineralized Structures at Megabe to More than 300 Metres of Confirmed Strike Length; Structures Open Along Strike and at Depth

Step-out drilling places SPMC on the upper margin of a potential ... READ MORE

August 24, 2026

North Arrow Extends Target AE Strike Length to 1000 m and Completes Rotation 3 Regional RC Drilling, Kraaipan Gold Project, Botswana

New surface targets identified North Arrow Minerals Inc. (... READ MORE

August 24, 2026

USA Rare Earth Announces Completion of Upsized $1.55 Billion Capitalization of the U.S. Government-Backed Special Purpose Vehicle for Serra Verde Offtake

U.S. Department of War (DoW) provides a $750 million investment i... READ MORE

August 24, 2026

Lavras Gold Intersects High-Grade Gold at Caneleira, Supporting Near-Surface Continuity of the Vein System

Hole 26CN044 returns 24.30 g/t gold over a drilled width of 9 met... READ MORE

August 24, 2026

Ivanhoe Electric Receives Preliminary Project Letter from the Export-Import Bank of the United States for $1.1 Billion in Potential Debt Financing for the Santa Cruz Copper Project

Letter Provides Increased Potential Debt Financing from $825 Mill... READ MORE

August 24, 2026

Copyright 2026 The Prospector News