Brief: Canada Zinc Metals announces C$5 mln best efforts financing and C$1 mln non-brokered financing
23/11/2016 21:14
Nov 23 (Reuters) - Canada Zinc Metals Corp CZX.V
* Announces C$5.0 million best efforts financing and c$1.0
million non-brokered financing
* Entered into agreement to offer for sale up to 3.9 million
flow-through common shares of co at price of c$0.52 per share
* Net proceeds from sale of units will be used to fund
exploration, development of mineral properties in British
Columbia
* Entered into agreement to offer for sale up to 7.5 million
units of company at a price of c$0.40 per unit
Source text for Eikon: ID:nCCNVrCnG
Further company coverage: CZX.V
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