The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

Metanor Closes First Tranche of Private Placement

Thursday, May 30, 2013

Metanor Closes First Tranche of Private Placement

13:18 EDT Thursday, May 30, 2013

VAL-D'OR, QUEBEC--(Marketwired - May 30, 2013) - Metanor Resources Inc. ("Metanor") (TSX VENTURE:MTO) has completed a first tranche of $646,015, in the private placement offering of a maximum amount of $1,500,000. The offering consists of flow through common shares (the "Shares") priced at 0.10$ each. In connection with this closing, 6,460,150 Shares were issued and such Shares are subject to a four month and one day hold period. A second closing is expected to take place the week of June 10th 2013.

The net proceeds will be used for exploration work on Metanor's Quebec properties.

In connection with the private placement, Metanor paid a cash finder's fee of 8.5% to Marquest Capital Markets and Casimir Capital Ltd.

About Metanor

Metanor is a Canadian based gold mining company with a focus on adding value per share through efficient production, exploration, and development of it properties.


Neither the TSX Venture Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Contact Information:
Ronald Perry

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail App

    The New Globe and Mail App for iPhone®, iPad® and Apple Watch download

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Secure Service
Customer Service
Advertising Privacy
Globe Recognition
Mobile Apps
Other Sections