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EMC Announces Completion of C$885,308 First Tranche Private Placement

July 1, 2014



ENP Newswire - 01 July 2014

Release date- 27062014 - Reno, Nevada - EMC Metals Corp. (TSX: EMC) announces that it has completed the first tranche of a private placement of 10,415,396 common shares of the Company at a price of C$0.085 per share for gross proceeds of $C885,308.66.

The proceeds from the financing will be used for general working capital, and specifically for the advancement of the Company's Nyngan Scandium Project in NSW, Australia. The Company paid finders' fees of approximately $29,000 on the transaction.

All securities issued under the private placement are subject to a Canadian hold period expiring four months after the closing date. The securities are also subject to restrictions on resale under U.S. federal securities laws.

Investor Contact:

Tel: (775)-233-7328, (925) 208-1775

Email: info@emcmetals.com


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Source: ENP Newswire


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