Subject to Exchange approval, a cash finders’ fee of $3,500 will be paid and 70,000 broker warrants, exercisable at $0.10 for 2 years, will be issued.
All securities issued pursuant to this Financing will be subject to a four (4) month statutory hold.
Funds raised in the Financing will be used towards the Company’s gold projects in Newfoundland, its proposed purchase of projects in Namibia (see May 13, 2019 news release), and for general working capital purposes.
About White Metal Resources Corp (TSX-V: WHM)
White Metal Resources Corp. is a junior exploration company currently exploring in Canada and looking for opportunities world-wide. For more information please visit the Company’s website at www.whitemetalres.com.
On behalf of the Board of Directors of White Metal Resources Corp.
Michael Stares, President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For further information contact:
684 Squier Street
Thunder Bay, Ontario, Canada, P7B 4A8
Phone: (807) 628-7836 Fax (807) 475 7200