M3 Metals Announces Closing Financing
M3 Metals Announces Closing Financing
Vancouver, British Columbia--(Newsfile Corp. - February 8, 2023) -
M3 Metals Corp.
(
TSXV: MT
) ("M3
Metals" or the "Company") is pleased to announce that it has closed a non-brokered private placement
of 5,000,000 units (the "Units") at a price of $0.24 per unit, for gross proceeds of $1,200,000 (the
"Private Placement"). Each Unit consisted of one common share and one share purchase warrant, each
whole share purchase warrant being exercisable for a period of two years at a price of $0.32 per share.
Proceeds from the Private Placement will be used for general working capital, and exploration on the
Company's G-South Project.
All securities issued pursuant to this financing are subject to a four month hold period, expiring on June
8, 2023.
The Private Placement is subject to approval from the TSX Venture Exchange.
To find out more about M3 Metals Corp., please contact investor relations at 604-669-2279 or email
. You may also visit the website at
www.m3metalscorp.com
.
M3 Metals Corp.
"Kosta Tsoutsis"
Director
604-669-2279
"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."
Except for historical information contained herein, this news release
contains forward-looking statements that involve risks and uncertainties. Actual results may differ
materially. The Company will not update these forward-looking statements to reflect events or
circumstances after the date hereof. More detailed information about potential factors that could affect
financial results is included in the documents filed from time to time with the Canadian securities
regulatory authorities by the Company.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES
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https://www.newsfilecorp.com/release/154137