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Friday, 01/31/2020 7:39:56 PM

Friday, January 31, 2020 7:39:56 PM

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January 31, eMetals Limited Quarterly Activities Report

Highlights:
•Public offer (Offer) successfully closed, raising $4,354,000 (before costs), strengthens balance sheet and provides capital to be deployed across the tenements acquired as part of the RWG Minerals Pty Ltd (RWG) acquisition, and pursue commercial opportunities in and around the regions of Kelantan, northeast of Peninsular Malaysia, Perak, northwest of Peninsular Malaysia and Terengganu, Malaysia (Areas of Mutual Interest).
•Offer strongly supported by a mix of institutional, high net-worth and retail investors with the Top Twenty shareholders holding 72.14%.
•Exploration activities to commence on the Nardoo Well project within the current quarter.
•Pursuant to the letter agreement (Agreement) announced to the Australian Securities Exchange (ASX) on 29 April 2019, EMT is seeking to progress development of commercial relationships
READ THE REST HERE.
https://investingnews.com/daily/australia-investing/emetals-limited-quarterly-activities-report/

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