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Metanor Announces $7 Million Brokered Private Placement

February 15, 2017 - releases
Metanor Announces $7 Million Brokered Private Placement

Metanor Resources Inc., (TSX VENTURE:V.MTO) is pleased to announce that it has appointed Red Cloud Klondike Strike Inc. and Sprott Capital Partners, a division of Sprott Private Wealth LP (together the “Agents”) to sell by way of private placement, up to 100,000,000 units at a price of $0.06 each (the “Units”) and up to 13,333,333 flow-through shares at a price of $0.075 each (the “FT Shares”) for maximum aggregate gross proceeds of $7,000,000 (collectively, the “Offering”).
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