EnviroMetal announces non-brokered private placement

Jan. 24, 2022 9:19 AM ETEnviroMetal Technologies Inc. (EVLLF)By: Pranav Ghumatkar, SA News Editor1 Comment
  • EnviroMetal Technologies (OTCQX:EVLLF) has announced a non-brokered private placement of up to 10M units at a price of C$0.25/unit for gross proceeds of up to C$2.5M.
  • Each unit will consist of one common share and one common share purchase warrant.
  • Each warrant will entitle the holder to purchase one additional common share of the Co. at a price of C$0.50/share.
  • The proceeds will be utilized for the acquisition of feedstock for EnviroMetal's printed circuit board assembly processing facility, mine pilot plant upgrades and general working capital.
  • Closing date on or about Feb. 4, 2022.

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