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EMC Metals Corp. Announces Completion of Private Placement

Reno, Nevada US, March 14, 2013 /FSC/ - EMC Metals Corp. (EMC - TSX), announces it has completed the previously announced private placement (see February 4, 2013 news release) of convertible debentures for gross proceeds of USD$650,000. The convertible debentures are convertible into common shares of the Company at a price of USD$0.05 per share for a period of 12 months from the closing date, and bear interest at the rate of 10% per annum.

The principal amount of the convertible debentures is secured by a pledge of the shares of the Company's wholly-owned subsidiary, Wolfram Jack Mining Corp., and an assignment of the Company's interest in the Tordal and Hogtuva properties located in Norway.
 
aus der Diskussion: Das Miner ÜBEL-Wann hört die massenhafte Verwässung auf!!!!???
Autor (Datum des Eintrages): dosto  (21.03.13 12:32:48)
Beitrag: 114 von 206 (ID:44281142)
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