BULLETIN V2023-0050
ELECTRIC METALS (USA) LIMITED ("EML")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 23, 2023
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced on August 22, 2023:
Number of Shares: 15,957,447 shares
Purchase Price: $0.235 per share
Warrants: 15,957,447 share purchase warrants to purchase 15,957,447 shares
Warrant Exercise Price: $0.35 for a two-year period
Number of Placees: 1 Placee
Insider / Pro Group Participation:
Placees # of Placee (s) Aggregate # of Shares
Aggregate Existing Insider Involvement: N/A N/A
Aggregate Pro Group Involvement: N/A N/A
The Company issued a news release on August 29, 2023 and October 10, 2023 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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