on Molten Metals Corp. (CVE:MOLT)
Molten Metals Corp. Completes $1 Million Private Placement
Molten Metals Corp., a Vancouver-based mineral exploration company, has successfully closed its non-brokered private placement offering with total gross proceeds of $1,033,500. The offering was executed under the listed issuer financing exemption, allowing the issuance of 4,134,000 units at $0.25 each. Each unit includes one common share and a warrant, enabling the purchase of an additional share at $0.40 within 24 months.
The funds will be allocated towards working capital, exploration activities, and marketing. Cash finder's fees of $65,765 were paid, along with the issuance of 263,060 broker warrants. Notably, these securities are not registered under U.S. securities law and are restricted from being offered or sold in the United States.
R. H.
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