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CMC Metals Ltd V.CMB

Alternate Symbol(s):  CMCXF

CMC Metals Ltd. is a Canada-based growth stage exploration company. The Company is focused on opportunities for high grade polymetallic deposits in the Yukon, British Columbia and Newfoundland. Its polymetallic silver-lead-zinc CRD prospects in the Rancheria Silver District include the Silver Hart Deposit and Blue Heaven claims (Yukon), Amy and Silverknife claims (British Columbia). Its polymetallic projects with the potential for copper-silver-gold and other metals include Bridal Veil (central Newfoundland) and Logjam (Yukon). Its flagship property is the Silver Hart property, covering over 116 claims, 2,017 hectares, located in the south-central Yukon. It has an 80 % interest in Blue Heaven Property, which consists of over 121 contiguous mineral claims located in southern Yukon. The Silverknife Property comprises two mineral tenures covering approximately 538.3 hectares. The Amy claims comprising 16 mineral tenures (approximately 908.4 hectares) cover part of the Cassiar Batholith.


TSXV:CMB - Post by User

Bullboard Posts
Post by hanscazanon Jul 27, 2020 5:00pm
134 Views
Post# 31326931

PP: no finder’s fee payable pursuant to this placement.

PP: no finder’s fee payable pursuant to this placement.Insiders? So must pay-off good ;)

CMC Metals Ltd. (the “Company”) announced it had closed its $480,000 / 6,000,000 Unit flowthrough private placement as announced pursuant to its July 7, 2020 press release having received TSX Venture Exchange approval. The financing closed with the issuance of 6,000,000 units priced at $0.08 per Unit with each Unit comprising of one flow-through common share and one transferable share purchase warrant. Every two transferrable warrants are exercisable into one additional common share at $0.10 per share for a one-year period expiring July 27, 2021. The proceeds derived from this placement are to be used to pay for the Company’s exploration program at the Silver Hart and Blue Heaven Property, Yukon. CMC Metals Ltd. (the “Company”) announced it had closed its $480,000 / 6,000,000 Unit flowthrough private placement as announced pursuant to its July 7, 2020 press release having received TSX Venture Exchange approval. The financing closed with the issuance of 6,000,000 units priced at $0.08 per Unit with each Unit comprising of one flow-through common share and one transferable share purchase warrant. Every two transferrable warrants are exercisable into one additional common share at $0.10 per share for a one-year period expiring July 27, 2021. The proceeds derived from this placement are to be used to pay for the Company’s exploration program at the Silver Hart and Blue Heaven Property, Yukon. There was no finder’s fee payable pursuant to this placement.
Bullboard Posts