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iMetal Resources, Inc.: iMetal Announces Closing of Initial Tranche of Equity Financing

iMetal Resources, Inc.: iMetal Announces Closing of Initial Tranche of Equity Financing
iMetal Resources, Inc. (TSXV:IMR
)(OTC PINK:ADTFF)(FRANKFURT:A7V2) (
iMetal or the
Company ) is pleased to announce that it has closed an initial tranche of its previously announced non-brokered private placement (the
Private Placement ) of units (each, a
Unit ) and FT shares (each, a
FT Share ). In connection with the closing of this tranche of the Private Placement the Company issued 7,700,000 Units at an issue price of $0.10 per Unit and 577,000 FT Shares at an issue price of $0.13 per FT Share for aggregate gross process of $845,010.00.
Units consist of one common share in the capital of the Company (a ....

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iMetal Resources, Inc.: iMetal Successfully Renegotiates and Amends NSR Agreements at Gowganda

iMetal Resources, Inc.: iMetal Successfully Renegotiates and Amends NSR Agreements at Gowganda
iMetal Resources Inc. (TSX.V:IMR
) (OTC PINK:ADTFF) (FRANKFURT:A7V2) (
iMetal or the
Company ) is pleased to announce amendments to the residual Net Smelter Return (NSR) royalties to the underlying property vendors for the Gowganda West, Mosher Lake and Ghost Mountain properties:
Gowganda West NSR remains at 3% with the Company now holding the option to buy back fifty percent reducing the NSR to 1.5% at any time up to production for $1,000,000;
Mosher Lake NSR remains at 2% with the Company now holding the option to buy back fifty percent reducing the NSR to 1.0% at any time up to production for $1,000,000; ....

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Riverside Resources Inc.: Riverside Resources Sells Its Geraldton Greenstone Belt Canadian Portfolio to iMetal Resources Inc for Shares And 2.5% NSR

Riverside Resources Inc.: Riverside Resources Sells Its Geraldton Greenstone Belt Canadian Portfolio to iMetal Resources Inc for Shares And 2.5% NSR
Riverside Resources Inc.
(TSXV: RRI) (OTCQB: RVSDF) (FSE: 5YY)
( Riverside or the Company ), is pleased to announce the sale of the Company s Oakes, Pichette and Longrose Projects in northwestern Ontario for eight (8) million common shares, a 2.5% NSR and cash considerations to iMetal Resources Inc. ( iMetal )
(TSXV: IMR
) (OTCBB: ADTFF) (FSE: A7V2). The Riverside projects are located in the Beardmore Geraldton Greenstone Belt (BGGB), northeast of Thunder Bay, Ontario. iMetal has exploration projects in the Abitibi Greenstone Gold Belt and upon closing of this transaction Riverside will be a cornerstone shareholder in this new collaborative Canadian-focused gold exploration company. Highlights from the three Riverside projects include: ....

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iMetal Resources, Inc.: iMetals Discovers New Gold Mineralization at Zone 1 and a New Greenfield Gold Zone with Highlight Values of 5.13 g/t Gold

iMetal Resources, Inc.: iMetals Discovers New Gold Mineralization at Zone 1 and a New Greenfield Gold Zone with Highlight Values of 5.13 g/t Gold
)(FRANKFURT:A7V2) (
iMetal or the
Company ) is pleased to provide significant gold assay results from the 2020 exploration program, including a significant greenfields gold discovery at its Gowganda West Property, within the prolific Abitibi Greenstone Belt, southwest of Timmins, Ontario. (See Figure 1)
Highlights from the first phase program include:
Discovery of new gold mineralization extending Zone 1 to the north for a total of 500 length of metres, open in both directions;
Zone 1 highlight grab sample values include 5.13 g/t gold, with 5 of the 7 samples in the northern extension returning values in excess of 1 g/t gold from a strongly ankerite altered, brecciated unit; ....

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