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iMetal Resources Inc V.IMR

Alternate Symbol(s):  IMRFF

Metals & Mining Industrial Metals & Minerals
iMetal Resources, Inc. is a Canadian junior exploration company focused on the exploration and development of its portfolio of resource properties in Ontario and Quebec. The Company’s projects include Gowganda, Ghost Mountain and Carheil. The Company’s flagship property, Gowganda West, is an exploration-stage gold project and is located within the Shining Tree Camp area in the southern part of the Abitibi Greenstone Gold Belt about 100 kilometers (km) south-southeast of the Timmins Gold Camp. Its 100% owned, Ghost Mountain property consists of 11 claim units (11 square kilometers (km2)) of land that straddles the gold-prolific Destor-Porcupine Structure in Kirkland Lake, Ontario. The 220 hectare Ghost Mountain property, 42 km Northeast (NE) of Kirkland Lake, lies five km West of Agnico Eagle's Holt and Holloway Mine. Its Carheil is an exploration-stage project with multi-metal potential. The project is about 170 km north of Rouyn-Noranda in the Northern Abitibi Greenstone Belt.


TSXV:IMR - Post by User

iMetal Resources Inc
Bullboard Posts
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(11)
•••
Comment by Yakpion Mar 18, 2019 11:13pm
93 Views
Post# 29504115

RE:News - Raising Cash

RE:News - Raising Cash
Read what you may but for insiders to participate post drilling and pre-results....
 
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced March 14, 2019.
 
 
Number of shares:  1,666,667 shares
 
Purchase price:  15 cents per share
 
Warrants:  1,666,667 share purchase warrants to purchase 1,666,667 shares
 
Warrant initial exercise price:  20 cents
 
Warrant term to expiry:  two years
 
Number of placees:  nine placees
 
Insiders:  Scott Davis, 50,000; Johan Grandin, 96,667
 
Finder's fee:  Mackie Research Capital Corp., $9,750 cash and 65,000 warrants
 
Finder's warrant initial exercise price:  16 cents
 
Finder's warrant term to expiry:  two years
 
https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aIMR-2732101&symbol=IMR&region=C
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities