News Column

EMC METALS CORP. FILES (8-K) Disclosing Unregistered Sale of Equity Securities

July 2, 2014

Item 3.02 Unregistered Sales of Equity Securities.

On June 26, 2014, EMC Metals Corp. completed a private placement of 10,415,396 shares of common stock at a price of CAD$0.085 per share for total proceeds of CAD$885,308.70. The Company paid finders' fees of approximately CAD$29,000 in connection with the private placement. The securities were sold to accredited investors pursuant to Rule 506 of Regulation D and to non-US persons pursuant to Regulation S under the United States Securities Act of 1933.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: Edgar Glimpses

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters