Emerita Announces Closing of $5,175,000 Private Placement
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Emerita Resources Corp. is pleased to announce that it has closed its previously announced private placement of units of the Company pursuant to which the Company issued 36,964,285 Units at a price of $0.14 per Unit for aggregate gross proceeds of $5,175,000 including the full exercise of the over-allotment option. The …
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Emerita Resources Corp. (“ Emerita ” or the “ Company ”) (TSXV: EMO) is pleased to announce that it has closed its previously announced private placement of units of the Company (the “ Units ”) pursuant to which the Company issued 36,964,285 Units at a price of $0.14 per Unit (the “ Offering Price ”) for aggregate gross proceeds of $5,175,000 (the “ Offering ”), including the full exercise of the over-allotment option. The Offering was led by Mackie Research Capital Corporation, as co-lead agent and sole bookrunner, along with Clarus Securities Inc. as co-lead agent, and including Industrial Alliance Securities Inc. (collectively, the “ Agents ”).