Secova Metals Corp. (TSX-V: SEK) (FSE: N4UN) (OTC: SEKZF) is pleased to announce that it has closed the non-brokered private placement financing previously announced on September 26, 2017 through the issuance of 16,292,981 flow-through units issued at a price of $0.055 and 1,400,000 non-flow-through units (the “NFT Units) issued at a price of $0.05 for gross proceeds of $966,113. Each F-T and N-F-T Unit consists of one common share and one-half warrant that expires in 12 months.

The Units were issued on the terms previously announced and are subject to a four month plus one day hold period pursuant to applicable securities laws of Canada.

In connection with part of this financing, the Company paid finders’ fees of $77,289.12 in cash, issued 707,719 in common shares and 707,719 finder’s warrants to EMD Financial Inc. Each Finder’s Warrants entitles the holder to acquire one additional share at an exercise price of $0.055 for a period of twelve months.