| Canada Strategic Metals announces closing of $205,000 private placement | |
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Montreal, Quebec - April 5, 2016- Canada Strategic Metals Inc. ('CS Metals' or 'the Company') (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF)is pleased to announce that it has closed a non-brokered private placement, for an amount of $205,000.
The Company has issued 4,100,000 common shares at a price of $0.05 per share, for gross proceeds of $205,000.
All the securities issued under the private placement are subject to a mandatory hold period of four months plus one day following the closing of the private placement.
The proceeds of this private placement will be used for working capital and for property development.
The private placement is subject to regulatory approval.
About Canada Strategic Metals
Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.
For more information on the Company, please visit www.csmetals.ca.
Jean-Sébastien Lavallée, P. Geo
President and Chief Executive Officer
819-354-5146
Paradox Public Relations
514-341-0408
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Canada Strategic Metals Corp
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PRODUCTEUR |
CODE : CJC.V |
ISIN : CA1352741088 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Canada Strategic Metals est une société d’exploration minière et d'or basée au Canada. Canada Strategic Metals est productrice de gaz au Canada, et détient divers projets d'exploration au Canada. Son principal projet en production est TRUTCH au Canada et ses principaux projets en exploration sont PROPHET RIVER NATURAL et GOELAND au Canada. Canada Strategic Metals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 22,5 millions CA$ (16,9 millions US$, 14,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 03 janvier 1997 à 9,90 CA$, et son plus bas niveau récent le 24 décembre 2008 à 0,02 CA$. Canada Strategic Metals possède 75 039 155 actions en circulation. |