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"


White Gold Corp. Closes Second and Final Tranche of $5.25M Upsized Private Placement

White Gold Corp. (TSX-V: WGO) (OTCQX: WHGOF) (FRA: 29W) is please... READ MORE

January 3, 2025

First Phosphate Closes Oversubscribed Private Placement Financing

First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is pl... READ MORE

January 2, 2025

Canadian Gold Resources Announces Closing of Non-Brokered Private Placement of Flow-Through Units and Non Flow-Through Units

Further to its news release of December 18, 2024, Canadian Gold R... READ MORE

January 2, 2025

West Red Lake Gold Closes US$35-Million Credit Facility with Nebari and Announces Drawdown of US$15 Million

West Red Lake Gold Mines Ltd. (TSX-V: WRLG) (OTCQB: WRLGF) is ple... READ MORE

January 2, 2025

i-80 Announces Deferral of December Gold Prepay and January Silver Purchase Agreement Deliveries

i-80 GOLD CORP. (TSX: IAU) (NYSE American: IAUX) announces that p... READ MORE

January 2, 2025

Copyright 2025 The Prospector News