Emergent Metals Corp (TSE:EMR) has released an update.
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Emergent Metals Corp. is launching a non-brokered private placement to raise up to CAD$1 million by offering 20 million units at CAD$0.05 each. These units include common shares and warrants exercisable for two years, with an acceleration clause based on share price performance. The capital is intended to advance the company’s assets and support its acquisition and divestiture business model in the mining sector.
For further insights into TSE:EMR stock, check out TipRanks’ Stock Analysis page.