Today: January 20, 2017, 10:52 am
  
Business

Emc Announces Completion of C$213,000 Private Placement

PR-Inside.com: 2014-03-29 01:14:50
Reno, Nevada US, March 28, 2014 /FSC/ - EMC Metals Corp. (EMC - TSX), (the "Company" or "EMC") (TSX: EMC) announces that it has completed a private placement of 8,533,260 common shares of the Company at a price of C$0.025 per share for gross proceeds of $C213,331.50. The proceeds from the financing will be used for general working capital. No fees were paid in connection with the private placement and 87% of the total shares in the placement were subscribed for by management and insiders.

All securities issued under the private placement are subject to a Canadian hold period expiring four months after the closing date. The securities are also subject to restrictions on resale under U.S. federal securities laws.

For additional information please contact:

EMC Metals Corp.
Investor Relations-Nevada: (775) 355-9500 or info@emcmetals.com


No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein. The securities have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws, and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

To view the press release as a PDF, please click on the following link:
www.usetdas/pr/emcmetals03282014.pdf



Source: EMC Metals Corp. (TSX: EMC) www.emcmetals.com
Maximum News Dissemination by FSCwire. www.fscwire.com

Press Information


Published by
Fred Gautreau
14037173898
e-mail
www.fscwire.com



# 269 Words
Related Articles
 
More From Business
Karolinska Development portfolio company OssDsign announces [..]
STOCKHOLM - January 20, 2017 Karolinska Development AB (Nasdaq Stockholm: KDEV) notes that portfolio company OssDsign AB, a [..]
Atos announces first UK delivery of its [..]
Installed at research facility Hartree Centre to enable closer collaboration between academic and industry organisations Paris, [..]
Tech vs Traditional Gifts: The Story Begins
A variety of gifting options can be found on GiftstoIndia24x7.com for different events and occasions. Such gifts are widely popular [..]
Outotec strengthens customer focus - Adel Hattab [..]
OUTOTEC OYJ  STOCK EXCHANGE RELEASE  JANUARY 20, 2017 at 9:30 Outotec strengthens customer focus - Adel Hattab appointed EVP, [..]
Beter Bed: revenue increased by 8.6% in [..]
Fourth quarter Net revenue rose to € 111.8 million (like-for-like order intake: +4.6%). EBITDA decreased by 9.2% to € 14.1 [..]

Disclaimer: If you have any questions regarding information in this press release please contact the company added in the press release. Please do not contact pr-inside. We will not be able to assist you. PR-inside disclaims the content included in this release.