Emp Metals Receives Approximately $2.5 Million from Warrant Exercise
Tel : 604 689 7422 Fax : 604 689 7442 204 – 998 Harbourside Drive North Vancouver, BC V7P 3T2
EMP METALS RECEIVES APPROXIMATELY $2.5 MILLION FROM
WARRANT EXERCISE
Vancouver, British Columbia, May 19, 2022 – EMP Metals Corp. (CSE: EMPS) (OTC:
EMPPF) (“EMP Metals” or the “Company”) is pleased to provide an update on its previously
announced acceleration of warrants expiry date issued on August 4, 2021 (the “Warrants”) (see
press release dated May 4, 2022). The Company has completed the acceleration raising
$2,478,421.62 from the exercise of 10,775,746 Warrants. As a result, the Company now has
approximately $3.8 million in cash on hand.
Rob Gamley, President of EMP Metals, stated, “With 97% of the warrants exercised, it is great to
see such strong support and confidence in our Company from existing shareholders. The
additional cash strengthens our balance sheet and allows us to expand our exploration and
development plans on our lithium-brine properties in Saskatchewan.”
About EMP Metals
EMP Metals is a Canadian-based exploration company focused on the acquisition and exploration
of mineral projects with significant development potential. Its current portfolio includes lithium
exploration projects in Saskatchewan, Canada. For more information, please go to the Company’s
website at www.empmetals.com.
Corporate Inquiries:
Rob Gamley, President & CEO
Phone: 604-689-7422 (please leave a message)
Email: [email protected]
Forward-Looking Statements
Information set forth in this news release contains forward-looking statements that are based on
assumptions as of the date of this news release. These statements reflect management's current
estimates, beliefs, intentions and expectations. They are not guarantees of future performance.
EMP Metals cautions that all forward-looking statements are inherently uncertain, and that actual
performance may be affected by a number of material factors, many of which are beyond EMP
Metals’ control. Such factors include, among other things: risks and uncertainties relating to EMP
Metals' limited operating history, ability to obtain sufficient financing to carry out its exploration
and development objectives on its mineral properties, obtaining the necessary permits to carry out
its activities and the need to comply with environmental and governmental regulations.
Accordingly, actual and future events, conditions and results may differ materially from the
estimates, beliefs, intentions and expectations expressed or implied in the forward-looking
information. Except as required under applicable securities legislation, EMP Metals undertakes no
obligation to publicly update or revise forward-looking information.
Tel : 604 689 7422 Fax : 604 689 7442 204 – 998 Harbourside Drive North Vancouver, BC V7P 3T2
Neither the Canadian Securities Exchange (“CSE”) nor its Regulation Services Provider (as that
term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of
this news release.