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Adamera Minerals Corp.
Adamera Minerals Corp.
Registriert in: Kanada WKN: A1KDAV Rohstoffe:
Art: Originalaktie ISIN: CA00547Y1051 Gold
Silber
Kupfer
Heimatbörse: TSX Venture Alternativ: DDNFF
Währung: CAD    
Symbol: ADZ.V Forum:

Adamera Minerals Announces Non-Brokered Financing

25.03.2019 | 12:03 Uhr | The Newswire
Vancouver, March 25, 2019 - Adamera Minerals Corp. (TSX-V:ADZ) announces a non-brokered private placement of up to 4 million units at a price of $0.05 per unit for aggregate gross proceeds of up to $200,000. Each unit will consist of one common share and one non-transferable warrant, with each warrant entitling the holder to purchase one common share at a price of $0.05 for a period of two years following the closing date. Insider(s) will be participating in the placement.

The warrants are subject to an accelerated expiry date, which comes into effect when the price of the Company's common shares on the TSX Venture Exchange closes at a price of $0.12 or more per share during any ten consecutive trading day period, commencing four months plus one day after the date of issuance of the warrants. In such an event, the expiry date will be accelerated to a date that is 30 days after the Company's shares trade for ten consecutive days at or above $0.12.

The securities issued pursuant to the private placement will be subject to a four month hold period from the closing date. The Company may pay a finders' fee in connection with the private placement, subject to compliance with the policies of the Exchange. Completion of the private placement and the payment of any finders' fee remain subject to the receipt of all necessary regulatory approvals, including the approval of the Exchange.

The proceeds of the private placement will be used for exploration and general working capital.

For more information please visit www.adamera.com

About Adamera

Adamera Minerals Corp. is exploring for a stand-alone high-grade gold deposit within hauling distance of an existing mill near Republic Washington. This area has reportedly produced over 6 million ounces of high-grade gold. Adamera is the dominant regional explorer in the area.

On behalf of the Board of Directors,

Mark Kolebaba
President & CEO

For additional information please contact:
Tel: (604) 689-2010 Fax: (604) 484-7143
Email: info@Adamera.com
Website: www.Adamera.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy
of this release. Statements in this press release, other than purely historical information, including statements
relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

Not for dissemination in the United States or through U.S. newswires

Copyright (c) 2019 TheNewswire - All rights reserved.

 
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