EMC Metals announces that it is offering, on a non-brokered private placement basis, up to 35,300,000 shares at a price of C$0.085 per common share. The proceeds from the financing will be used for general working capital purposes on company projects, including and as a priority, the settlement payments required to secure ownership of the Nyngan [...]
EMC Metals is pleased to announce completion of an initial program of 30 air core drill holes at its Honeybugle property in New South Wales, Australia, targeting scandium. Results on 13 of these holes are shown in detail, in the table below. These holes suggest the potential for scandium mineralization on the property similar to the Nyngan Scandium [...]
EMC Metals announces that it has completed a second tranche private placement of 4,122,150 common shares of the Company at a price of C$0.025 per share for gross proceeds of $C103,053. This second tranche, combined with the first tranche of funding announced in March 2014, represents a total of 12,655,410 common shares issued, at a price of $0.025 [...]
EMC Metals announces that it has received a second tranche of subscriptions in a private placement, totalling 4,140,000 EMC common shares at a price of C$0.025 per share, for gross proceeds of $C103,500. The proceeds from the financing will be used for general working capital. No fees were paid in connection with the private placement and 52% of [...]
Reno, Nevada US, April 02, 2014 /FSC/ - EMC Metals Corp. (EMC - TSX), (the "Company" or "EMC") (TSX: EMC) announces that it has secured a 100% interest in an exploration license (EL 7977) covering 34.7 square kilometers in New South Wales (NSW), Australia. The license area is located approximately 24 kilometers west-southwest from EMC's Nyngan [...]
EMC Metals announces that it has completed a private placement of 8,533,260 common shares of the Company at a price of C$0.025 per share for gross proceeds of $C213,331.50. The proceeds from the financing will be used for general working capital. No fees were paid in connection with the private placement and 87% of the total shares in the placement [...]
Please replace the release with the following corrected version due to multiple revisions. The corrected release reads: EMC Metals corrects its news release dated March 11, 2014 to clarify that the Company has entered into subscription agreements with certain investors to issue a total of 8,533,260 common shares of EMC Metals at a price of C$0.025 [...]
EMC announces that on Friday March 7th, 2014, it closed a private placement of 8,533,260 common shares of EMC Metals at C$0.025 per share, for value of C$213,331. No fees were paid on the transaction and 83% of the total shares in the placement were subscribed for by management and insiders.
EMC Metals announces that on December 31, 2013, it formally completed the sale transaction and transfer of its interest in the Springer Mining Company, to America’s Bullion, first announced on September 13, 2013. The sale of SMC, along with certain other Nevada properties was completed with final payment of a total of $5 million cash, made in [...]
EMC Metals announces that it has entered into a binding letter of intent to sell 100% of its interest in the Springer Mining Company, including all related mine, mill and tungsten resource assets, to America's Bullion Royalty, along with certain other Nevada properties, for US$ 5 million cash. The terms of the sale provide for an immediate and full [...]
EMC Metals announces that it has made an A$1.2M cash payment to Jervois Mining this week, pursuant to the agreed settlement to its dispute with Jervois in relation to the Nyngan Scandium project in NSW, Australia. The terms of the February 2013 settlement transfer 100% ownership and control of the Nyngan Scandium project to EMC, in return for two [...]
EMC Metals announced today the resignation of John W. Grubb from the board of directors of EMC Metals Corp. Mr. Grubb was appointed to the EMC Board as an independent Director in May of 2012, and will move to a position on the EMC Advisory Committee, as a technical mining advisor to the Company and Board. EMC has no plans to replace Mr. Grubb on [...]
