By Laura Lutz
Washington, Feb. 21 - Full Metal Minerals Ltd. plans to complete a private placement of shares for C$3.75 million.
The company intends to sell 1.5 million shares at C$2.50 each.
Proceeds of the non-brokered deal will be used for exploration and working capital.
Full Metal is a Vancouver, B.C.-based mineral company focused on properties in Alaska.
| Issuer: | Full Metal Minerals Ltd.
|
| Issue: | Shares
|
| Amount: | C$3.75 million
|
| Shares: | 1.5 million
|
| Price: | C$2.50
|
| Warrants: | No
|
| Agent: | Non-brokered
|
| Pricing date: | Feb. 21
|
| Stock symbol: | TSX Venture: FMM
|
| Stock price: | C$2.76 at close Feb. 20
|
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