NMI.V
Profile
Namibia Rare Earths Announces $3,000,000 Private Placement
March 28 (Reuters) - Namibia Rare Earths Inc ::NAMIBIA RARE EARTHS INC. ANNOUNCES $3,000,000 PRIVATE PLACEMENT.NAMIBIA RARE EARTHS INC - INTENDS TO COMPLETE PRIVATE PLACEMENT OF UP TO $3 MILLION CONSISTING OF COMMON SHARES OFFERED AT $0.185 /COMMON SHARE.NAMIBIA RARE EARTHS - PROCEEDS OF PLACEMENT TO BE USED PRIMARILY TO FUND CONTINUED EXPLORATION ON KUNENE COBALT-COPPER PROJECT.
Namibia Rare Earths agrees to acquire portfolio of critical metal properties in Namibia
Nov 10 (Reuters) - Namibia Rare Earths Inc :Namibia Rare Earths Inc. Agrees to acquire portfolio of critical metal properties in Namibia.Namibia Rare Earths Inc - To acquire portfolio of critical metal properties from Gecko Namibia in consideration for issuance of 64 mnl shares of co.
Namibia Critical Metals Inc : Namibia Critical Metals Closes CDN$662,500 Private Placement finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Press release content from Accesswire. The AP news staff was not involved in its creation.
Namibia Critical Metals Inc. Increases Private Placement to $662,500
March 8, 2021 GMT
HALIFAX, NOVA SCOTIA / ACCESSWIRE / March 8, 2021 / Namibia Critical Metals Inc. (“Namibia Critical Metals” or the “Company” or “NMI”) (TSXV:NMI) announced that, as a result of investor interest, the Company is increasing the non-brokered private placement previously announced on March 3, 2021 from a maximum of Cdn$500,000 to a maximum of Cdn$662,500. The private placement is for units with each unit consisting of one common share and one warrant. Each whole warrant will be exercisable for one common share at a price of $0.35 for a period of 12 months. A maximum of 5,300,000 common shares of Namibia Critical Metals will be issued pursuant to the Private Placement (assuming full exercise of all warrants). The Private Placement is subject to the approval of the TSX Venture Exchange (“TSXV”).
Namibia Critical Metals Inc : Namibia Critical Metals Announces CDN$500,000 Private Placement and Appointment of New CFO finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
(2)
HALIFAX, NS / ACCESSWIRE / January 8, 2021 / Namibia Critical Metals Inc. ( Namibia Critical Metals or the Company ) (TSXV:NMI) today announced that it has completed a second draw-down of $100,000 pursuant to a draw-down equity financing facility ( Investment Agreement or Alumina facility ) with Alumina Partners (Ontario) Ltd. ( Alumina ), an affiliate of New York-based private equity firm Alumina Partners, LLC. entered into on August 24, 2020.
The Alumina facility is structured to provide Namibia Critical Metals with timely access to private placement financing as and when required. Under the terms of the Investment Agreement, the Company has the right to draw down on the CD$5,000,000 facility through equity private placement tranches of up to CD$250,000 each. Each tranche will be a placement of units (each a Unit ), with each Unit comprising one common share (a Share ) and one-half of one common share purchase warrant (each whole common share purchase warrant referred to