Fundz

Cmc Metals Oversubscribes Private Placement – Raises $1,412,660.02

PRIVATEOct 12, 2022

Amount Raised

$1.41 Million

Round Type

Seed

VancouverOtherMiningPrecious Metals

Description

VANCOUVER, BC / October 12, 2022 / - CMC Metals Ltd. (TSX-V:CMB)(Frankfurt:ZM5P)(CMCXF: OTCQB) ("CMC" or the "Company") has oversubscribed its private placement announced September 6th 2022 by raising gross proceeds of $1,412,660.02, subject to TSX Venture Exchange approval. On receipt of the TSX Venture Exchange approval, the company will issue 4,975,889 flow-through (FT) units at $0.18 and 3,231,250 non-flow-through (NFT) units at $0.16

Quick answer

CMC Metals Ltd raised $1.41 Million in a Seed round, dated October 12, 2022. CMC Metals Ltd is based in Vancouver, British Columbia, Canada.

How much did CMC Metals Ltd raise?
CMC Metals Ltd raised $1.41 Million in a Seed round on October 12, 2022.
What does CMC Metals Ltd do?
CMC Metals Ltd. is a growth stage exploration company focused on opportunities for high grade polymetallic deposits in Yukon, British Columbia and Newfoundland.
Where is CMC Metals Ltd based and how big is it?
CMC Metals Ltd is based in Vancouver, British Columbia, Canada.
Who are the decision-makers at CMC Metals Ltd?
Fundz holds 1 contact at CMC Metals Ltd. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Mining and Precious Metals around the same time

Companies in the same sectors as CMC Metals Ltd that raised within 45 days of this round, from Fundz verified event records.

  • Arras Minerals raised $741K (Seed) on November 22, 2022.
  • Power Nickel raised $4M (Seed) on November 22, 2022.
  • Aftermath Silver raised $108K (Pre-Seed) on November 21, 2022.
  • Riley Gold Corp raised $2.6M (Seed) on November 21, 2022.
  • Falcon Copper raised $868K on November 18, 2022.
  • Omineca Mining & Metals Ltd raised $24K (Pre-Seed) on November 16, 2022.

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Company Information

Company

CMC Metals Ltd

Location

Vancouver, British Columbia, Canada

About

CMC Metals Ltd. is a growth stage exploration company focused on opportunities for high grade polymetallic deposits in Yukon, British Columbia and Newfoundland. Our polymetallic silver-lead-zinc CRD prospects include the Silver Hart Deposit and Blue Heaven claims (Yukon) and Amy and Silverknife claims (north-central British Columbia). Our polymetallic projects with potential for copper-silver-gold and other metals include Logjam (Yukon), Bridal Veil, Terra Nova and Rodney Pond (central Newfoundland).

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CMC Metals Ltd raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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