Primary Energy Metals Announces Oversubscription and Closing of Non-Brokered Private Placement
VANCOUVER, BC / ACCESSWIRE / June 11, 2019 / Primary Energy Metals Inc. (CSE: PRIM FSE: 1WZ:GR OTC: PEMTF) ("Primary"or the "Company") is pleased to announce the closing of a non-brokered private placement representing 15,160,330 units (each, a "Unit") at a price of $0.075 per Unit, for gross proceeds of $1,137,024.95. Each "Unit" consists of one common share and one-half-of-one common share purchase warrant, each whole warrant is exercisable at a price $0.15 for a period of twenty-four months.
No finders' fees or commissions were payable in connection with completion of this placement.
About Primary Energy Metals Inc.
Primary Energy Metals Inc. is a junior listed company on the Canadian Securities Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS
/s/ Joel Shacker CEO and President
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.