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C3 Metals Inc.: C3 Metals Closes First Tranche of Private Placement for Gross Proceeds of $4.3 Million
C3 Metals Inc. (TSXV: CCCM) (
C3 or the
Company ) is pleased to announce that it has closed a first tranche (the
First Tranche ) of its previously announced brokered private placement through the issuance of 30,976,492 common shares (the
Shares ) of the Company at a price of $0.14 per Share for aggregate gross proceeds of $4,336,708 in the First Tranche. On or around February 18, 2021, the Company anticipates closing an additional final tranche consisting of 21,984,287 Shares at a price of $0.14 per Share for additional gross proceeds of $3,077,800 (the
Additional Tranche , and together with the First Tranche, the
Share:
TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE)
C3 Metals Corp. (
C3 or the
Company ) (TSXV:CCCM) is pleased to announce that it has amended its agreement with Eight Capital, acting as lead agent for the Company, on behalf of a syndicate of agents (collectively with Eight Capital, the
Agents ) to increase the size of its previously announced best efforts private placement offering to up to approximately $6,500,060 by offering for sale up to 46,429,000 common shares of the Company (the
Shares ) on a best efforts private placement basis at an issue price of $0.14 per Share (the
Issue Price ), subject to all regulatory approvals (the
C3 Metals Announces $4 Million Brokered Private Placement
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES.
TORONTO, Jan. 19, 2021
C3” or the “
Company”) (TSXV: CCCM) is pleased to announce that it has entered into a letter engagement with Eight Capital, under which Eight Capital, acting as lead agent for the Company, on behalf of a syndicate of agents (collectively with Eight Capital, the “
Agents”) has agreed to offer for sale up to 28,572,000 common shares of the Company (the “
Shares”) on a “best efforts” private placement basis at an issue price of $0.14 per Share (the “
Issue Price”), for aggregate gross proceeds of up to $4,000,080, subject to all regulatory approvals (the “
C3 Metals Inc.: C3 Metals Receives Drilling Approval for Jasperoide Copper-Gold Project C3 Metals Inc. (TSXV: CCCM) (
C3 Metals ) is pleased to advise that it has received authorization from the Peruvian Ministry of Energy and Mines for drilling on the Company s flagship Jasperoide Project located in the prolific Andahuaylas-Yauri Porphyry-Skarn Copper Belt of Peru. Camp construction is underway, and drilling will follow immediately thereafter.
Jasperoide comprises a large, underexplored copper-gold mineralised skarn-porphyry system that is developed in a similar geological setting to several nearby large copper mines, including Las Bambas (MMG), Constancia (Hudbay) and Antapaccay (Glencore).
C3 Metals Executive Chairman, Tony Manini, commented, We are delighted to have received the necessary permit to commence drilling activities at Jasperoide. We view the Jasperoide project as an exceptional copper-gold opportunity that will drill test a large-scale mineralised system in