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Canada Strategic Metals announces private placement
Montreal, Quebec - March 11, 2015 - Canada Strategic Metals Inc. ("CS Metals" or "the Company") (TSX.V: CJC; FSE: YXEN; OTC-BB: CJCFF) announces that it is currently arranging non-brokered private placement for up of $500,000 consisting in:
Private placement of Unit common shares
The Company is proposing to issue 5,000,000 common shares Units at a cost of $0.10 per Unit. Each Unit includes one common share at a price of $0.10 per share and one-half common share purchase warrants of the Corporation. Each warrant entitles the holder thereof to purchase one common share of the Corporation for a period of 24 months at a price of $0.15 per share.
Finders' fees of 8% of the gross proceeds of the offering may be paid in cash and innon-transferable finder's fees warrants.
The above-mentioned private placements are subject to the approval of the TSX Venture Exchange.
About Canada Strategic Metals
Canada Strategic Metals is an emerging company focused on the exploration and development of a number of projects covering over 20,000 hectares in Quebec. With broad management experience in green technology and junior resource exploration and development, Canada Strategic Metals is well positioned to aggressively advance this promising property portfolio for its shareholders.
For more information on the Company, please visit www.csmetals.ca.
Jean-Sébastien Lavallée, P. Geo
Chief Executive Officer
819-354-5146
Christophe Romary
President
514-913-7483
Paradox Public Relations
514-341-0408
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Canada Strategic Metals Corp
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PRODUCTEUR |
CODE : CJC.V |
ISIN : CA1352741088 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Canada Strategic Metals est une société d’exploration minière et d'or basée au Canada. Canada Strategic Metals est productrice de gaz au Canada, et détient divers projets d'exploration au Canada. Son principal projet en production est TRUTCH au Canada et ses principaux projets en exploration sont PROPHET RIVER NATURAL et GOELAND au Canada. Canada Strategic Metals est cotée au Canada, aux Etats-Unis D'Amerique et en Allemagne. Sa capitalisation boursière aujourd'hui est 22,5 millions CA$ (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. |