Company offers 11,679,624 common shares at C$0.06 per share in deal
By Devika Patel
Knoxville, Tenn., Aug. 2 - EMC Metals Corp. settled a C$700,777 private placement of stock on July 30, according to an 8-K filed Thursday with the Securities and Exchange Commission.
The company sold 11,679,624 common shares at C$0.06 apiece. The price per share is identical to the July 27 closing share price.
Based in Vancouver, B.C., EMC is a specialty metals and alloys company focusing on scandium, tungsten, molybdenum, vanadium and other specialty metals.
| Issuer: | EMC Metals Corp.
|
| Issue: | Common stock
|
| Amount: | C$700,777
|
| Shares: | 11,679,624
|
| Price: | C$0.06
|
| Warrants: | No
|
| Settlement date: | July 30
|
| Stock symbol: | Toronto: EMC
|
| Stock price: | C$0.06 at close July 27
|
| Market capitalization: | C$10.44 million
|
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