BeMetals Corp. Announces Private Placement and Planned Graduation to the TSX Venture Exchange
![BeMetals Corp. Announces Private Placement and Planned Graduation to the TSX Venture Exchange](https://www.minenportal.de/media/goldseiten-news.jpg)
BeMetals is driving its growth strategy towards the goal of becoming a significant base metal producer through the acquisition of quality exploration, development and production stage base metals projects. This strategy is directed by the Board, key members of which have an extensive, proven track record in delivering considerable value in the mining sector through the discovery and building of mines.
Closing of the private placement is expected to take place concurrently with TSXV approval for the Pangeni acquisition, which will constitute the Company's qualifying transaction and move the Company's stock exchange listing from NEX to Tier 2 of the TSXV. Trading in the Company's shares has been halted at the Company's request pending closing of the qualifying transaction.
ON BEHALF OF BEMETALS CORP.
"John Wilton"
John Wilton, CEO, President and Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
SOURCE BeMetals Corp.
For further information:
Kristen Reinertson, CFO & Corporate Secretary
(604) 609-6118