Chilean Metals, Inc.: Chilean Metals Closes $2.2 Million Financing
TORONTO, ON / ACCESSWIRE / May 4, 2021 / Chilean Metals Inc. ( Chilean Metals, CMX or the Company ) (TSXV:CMX)(OTCQX:CMETF)(SSE:CMX)(MILA:CMX) has closed a non-brokered private placement of $2,200,000 dollars, with $900,000 being done via issuance of 3,600,000 common shares at $0.25 and $1,200,000 in Flow-through Shares issued at $0.40 per share comprising of 3,000,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining expenditures (as such terms are defined in the
Income Tax Act (Canada)).
The Company has paid brokers fees and broker warrants in conjunction with the transaction. Total brokerage fees amounted to $128,400. In addition, the Company issued 216,000 broker warrants exercisable at $0.25 at anytime over the next 18 months and also 180,000 broker warrants exercisable at $0.40 at anytime over the next 18 months.
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Chilean Metals, Inc.: Chilean Metals Arranges $2 Million Financing To Explore Nisk Nickel Project
TORONTO, ON / ACCESSWIRE / April 16, 2021 / Chilean Metals Inc. ( Chilean Metals, CMX or the Company ) (TSX.V:CMX) (OTCBB:CMETF) (SSE:CMX) (MILA:CMX) has arranged a non-brokered private placement of $2,000,000 dollars, with $1,000,000 being done via issuance of 4,000,000 common shares at $0.25 and $1,000,000 in Flow-through Shares issued at $0.40 per share comprising of 2,500,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining expenditures (as such terms are defined in the
Income Tax Act (Canada)).
The Company intends to pay brokers fees and broker warrants in conjunction with the transaction. Any broker warrants issued on the hard dollar financing will be exercisable at $0.25 per share for 18 months from date of close and any broker warrants issued on the flow-through will be exercisabl
Chilean Metals Arranges $2 Million Financing To Explore Nisk Nickel Project
Chilean Metals Inc. has arranged a non-brokered private placement of $2,000,000 dollars, with $1,000,000 being done via issuance of 4,000,000 common shares at $0.25 and $1,000,000 in Flow-through Shares issued at $0.40 per share comprising of 2,500,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining expenditures . These …
Chilean Metals Inc. (“Chilean Metals,” “CMX” or the “Company”) (TSX.V:CMX) (OTCBB:CMETF) (SSE:CMX) (MILA:CMX) has arranged a non-brokered private placement of $2,000,000 dollars, with $1,000,000 being done via issuance of 4,000,000 common shares at $0.25 and $1,000,000 in Flow-through Shares issued at $0.40 per share comprising of 2,500,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining exp