Bemetals Announces Private Placement and Planned Graduation to the TSX Venture Exchange
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BEMETALS CORP.
3123 – 595 BURRARD STREET
VANCOUVER, BC V7X 1J1
TEL: (604) 609-6110
VANCOUVER, June 19, 2018 TSXV – BMET.H
BEMETALS ANNOUNCES PRIVATE PLACEMENT AND PLANNED GRADUATION
TO THE TSX VENTURE EXCHANGE
BeMetals Corp . ( “BeMetals” or the “ Company”) is pleased to announce that it has arranged a non -
brokered private placement of 10 million common shares of the Company at a price of $0.20 per share to
raise gross proceeds of $2 million. The net proceeds will be used to advance the exploration of the Pangeni
copper project (“Pangeni”) located on the western extension of the Zambian Copperbelt (see February 27,
2018 news release) and for working capital purposes, including to conduct due diligence reviews on
additional base metals projects. Finder’s fees or commissions may be paid in connection with the private
placement to registered dealers or pursuant to registration exemptions in accordance with the policie s of
the TSX Venture Exchange (“TSXV”).
BeMetals is driving its growth strategy towards the goal of becoming a significant base metal producer
through the acquisition of quality exploration, development and production stage base metals projects. This
strategy is directed by the Board, key members of which have an extensive, proven track record in
delivering considerable value in the mining sector through the discovery and building of mines.
Closing of the private placement is expected to take place concurrently with TSXV approval for the Pangeni
acquisition, which will constitute the C ompany’s qualifying transaction and move the C ompany’s stock
exchange listing from NEX to Tier 2 of the TSXV. Trading in the Company’s shares has been halted at the
Company’s request pending closing of the qualifying transaction.
ON BEHALF OF BEMETALS CORP.
"John Wilton"
John Wilton
CEO, President and Director
For further information: please contact: Kristen Reinertson, CFO & Corporate Secretary, (604) 609-6118
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.