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Core Critical Metals raises up to $3 million in private placements for exploration and operations.
Core Critical Metals Corp. announced a non-brokered private placement offering up to 3 million units at $0.50 each, raising up to $1.5 million, with each unit including one common share and one warrant to buy a share at $0.75 for 24 months, exercisable 60 days after issuance.
A separate concurrent private placement of similar units is also planned, raising up to $1.5 million.
Proceeds will fund general corporate purposes and exploration.
Securities are subject to a four-month-and-one-day hold period under Canadian rules, except for units under the non-brokered offering, which are exempt from resale restrictions.
The offerings require regulatory and exchange approvals, are not contingent on each other, and are not registered under U.S. securities laws.
Core Critical Metals recauda hasta $3 millones en colocaciones privadas para exploración y operaciones.