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iMetal Announces Closing of Initial Tranche of Equity Financing


iMetal Announces Closing of Initial Tranche of Equity Financing
ACCESSWIRE
VANCOUVER, BC / ACCESSWIRE / June 1, 2021 /
iMetal Resources, Inc. (TSXV:IMR
)(OTC PINK:ADTFF)(FRANKFURT:A7V2) (
iMetal or the
Company ) is pleased to announce that it has closed an initial tranche of its previously announced non-brokered private placement (the
Private Placement ) of units (each, a
Unit ) and FT shares (each, a
FT Share ). In connection with the closing of this tranche of the Private Placement the Company issued 7,700,000 Units at an issue price of $0.10 per Unit and 577,000 FT Shares at an issue price of $0.13 per FT Share for aggregate gross process of $845,010.00. ....

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