Matamec Explorations announces that it will effect a non-brokered private placement in a maximum amount of $499,999 by issuing a maximum of 6,666,666 "flow-through" common shares at a price of $0.075 per share. In connection with the private placement, Matamec may pay a cash sales commission to various securities dealers in an aggregate amount of 8% of the gross proceeds of the private placement. In addition, Matamec
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