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Canadian Metals Inc(CME-CN)
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Canadian Metals Announces Closing of $357,149 Private Placement

Newswire.ca - Mon Jul 25, 2022

MONTRÉAL, July 25, 2022 /CNW/ - Canadian Metals Inc. ("CME" or the "Corporation") (CSE: CME) is pleased to announce that it has completed a non-brokered private placement (the "Private Placement"), pursuant to which it has issued 1,950,000 units of the Corporation (each a "Unit") at a price of $0.10 per Unit and 1,247,300 common shares of the Corporation (each a "Share"), issued on a flow-through basis, at a price of $0.13 per Share, for total cumulative gross proceeds of $357,149. Each Unit being comprised of one (1) Share and one-half of one (1/2) Share purchase warrant, each whole warrant entitling the holder thereof to acquire one (1) additional Share at a price of $0.20 per Share for a period of 24 months from the closing date

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