Core Viewpoint - Integral Metals Corp. has successfully closed a non-brokered private placement offering of common shares, raising gross proceeds of US0.70 per share [1][2]. Group 1: Private Placement Details - The private placement consists of common shares priced at US400,000 [1]. - The net proceeds from the private placement will be allocated for expenditures on mineral exploration properties and general working capital [2]. - All securities issued under the private placement are subject to a hold period of four months and one day [2]. Group 2: Company Overview - Integral Metals Corp. is engaged in mineral exploration for critical minerals, including gallium, germanium, and rare earth elements, aiming to contribute to the development of a domestic supply chain for these minerals [4]. - The company holds properties in mining-friendly jurisdictions in Canada and the USA, including the Northwest Territories, Manitoba, and Montana, where it has received regulatory support for its exploration efforts [4].
Integral Metals Announces Closing of Private Placement Offering
GlobeNewswire·2025-06-06 22:07