EMC Metals Corp. Closes C$213,000 Private Placement
11.03.2014 | Business Wire
EMC Metals Corp. (the “Company” or “EMC”) (TSX:EMC) announces that on Friday March 7th, 2014, it closed a private placement of 8,533,260 common shares of EMC Metals at C$0.025 per share, for value of C$213,331. No fees were paid on the transaction and 83% of the total shares in the placement were subscribed for by management and insiders.No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
This press release contains forward-looking information that does involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements regarding long term prices for tungsten, our ability to find and retain qualified management and key technical persons to operate the tungsten project, our ability to raise the necessary capital to fund a restart of mining operations, the short term or long term economic feasibility of tungsten production at our Springer facility, and in general statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance. Forward-looking information in this press release is based on estimates and opinions of management on the dates they are made and are expressly qualified in their entirety by this notice, and by other risk factors disclosed in our public filings. Except as required by law, EMC assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.
Contact
EMC Metals Corp.
Investor Relations-Nevada: Edward Dickinson
775-355-9500
info@emcmetals.com
www.emcmetals.com