NorZinc Closes $1 Million Private Placement and Provides Update on Surface Drill Program
NorZinc Ltd. (TSX: NZC) (OTCQB: NORZF) (the "Company" or "NorZinc") is pleased to announce the closing of an equity financing agreement (the "Equity Financing") with RCF VI CAD LLC ("RCF") previously announced on May 3, 2021. Pursuant to the Equity Financing, the Company issued an aggregate of 14,713,455 common shares of the Company ("Common Shares") to RCF on a non-brokered private placement basis, at a price of $0.067965 per share for gross proceeds of approximately $1,000,000.