Electric Metals (USA) Limited News Releases

Electric Metals (USA) Limited Announces Final Closing of Quail Bend Financing

Tue, 10 Oct 2023 13:20:00 -0400

EML obtains shareholder approval for creation of Quail Bend as "control person."EML closes final tranche of Quail Bend financing for aggregate gross proceeds of $5,000,000.Steve Durbin appointed to the Board of Directors.Toronto, Ontario--(Newsfile Corp. - October 10, 2023) - Electric Metals (USA) Limited (TSXV: EML) (OTCQB: EMUSF) ("EML" or the "Company"), further to its press releases of August 29, 2023 and August 22, 2023 is pleased to announce it has closed the second and final tranche (the...

Electric Metals (USA) Limited Announces First Tranche Closing of Quail Bend Financing and Updates Warrant Exercises

Tue, 29 Aug 2023 08:40:00 -0400

Toronto, Ontario--(Newsfile Corp. - August 29, 2023) - Electric Metals (USA) Limited (TSXV: EML) (OTCQB: NVDSF) ("EML" or the "Company"), further to its press release of August 22, 2023 is pleased to announce it has closed the first tranche (the "First Tranche") of its previously announced non-brokered financing (the "Offering"). Pursuant to the first tranche closing, the Company issued a total of 1,702,128 units (the "Units") at a price of $0.235 per Unit for gross proceeds of $400,000.08. Each...

Electric Metals (USA) Limited ("EML") Provides Update on Non-Brokered Financing

Tue, 22 Aug 2023 09:30:00 -0400

EML previously issued 5,319,149 Units to Quail Bend for gross proceeds of $1,250,000.EML has entered into subscription agreements for the purchase and sale of an additional 15,957,447 units for additional proceeds of $3,750,000, subject to, among other things, shareholder and TSX Venture Exchange approval.Toronto, Ontario--(Newsfile Corp. - August 22, 2023) - Electric Metals (USA) Limited (TSXV: EML) ("EML" or the "Company"), further to its press releases of May 16, 2023 and June 19, 2023, is...

Electric Metals (USA) Limited Announces Acceleration of Expiry Date of Outstanding Warrants Issued Pursuant to January 2023 Financing

Mon, 24 Jul 2023 09:27:00 -0400

Toronto, Ontario--(Newsfile Corp. - July 24, 2023) - Electric Metals (USA) Limited (TSXV: EML) (OTCQB: NVDSF) ("EML" or the "Company") is pleased to announce that it has elected to accelerate the expiry date of the common share purchase warrants issued on January 5, 2023 (the "Warrants") pursuant to the warrant indenture between the Company and TSX Trust Company (the "Warrant Agent") and dated January 5, 2023 (the "Warrant Indenture"), a copy of which is available under EML's profile on...

Electric Metals (USA) Limited ("EML") Announces First Closing of Non-Brokered Financing

Mon, 19 Jun 2023 09:10:00 -0400

Issued 10,744,680 Units at a price of $0.235 per Unit for gross proceeds of $2,525,000.EML insiders participated along with US-based Quail Bend LLC ("Quail Bend").New funding will allow EML to expedite exploration drilling, metallurgical and battery test work and to initiate process design and preliminary mine studies at the high-grade Emily Manganese Project, Minnesota, U.S.Toronto, Ontario--(Newsfile Corp. - June 19, 2023) - Electric Metals (USA) Limited (TSXV: EML) ("EML" or the "Company"),...

Electric Metals (USA) Limited ("EML") Announces Non-Brokered Financing

Tue, 16 May 2023 09:08:00 -0400

Issue up to 26,595,746 Units (assuming a Unit price of $0.235, proceeds of approximately $6,250,000 - see below for more detailed information).EML insiders to participate along with Quail Bend LLC ("Quail Bend").New funding will allow EML to expedite exploration drilling, metallurgical and battery test work and to initiate process design and preliminary mine studies at the high-grade Emily Manganese Project, Minnesota, U.S.Toronto, Ontario--(Newsfile Corp. - May 16, 2023) - Electric Metals (USA)...

Nevada Silver Corporation Announces Effective Date of Name Change to Electric Metals (USA) Limited

Mon, 15 May 2023 08:48:00 -0400

Toronto, Ontario--(Newsfile Corp. - May 15, 2023) - Nevada Silver Corporation (TSXV: NSC) (OTCQB: NVDSF) ("NSC" or the "Company"), further to its press release of 8th May 2023, is pleased to announce that the effective date of its change of name to "Electric Metals (USA) Limited" will be 16th May 2023 (the "Effective Date"). On that date, the Company will begin trading at the open on the TSX Venture Exchange under its new name and ticker symbol "EML". On the Effective Date, the new ISIN number...

Nevada Silver Corporation Announces Results of Annual and Special Meeting of Shareholders

Mon, 08 May 2023 08:53:00 -0400

Elected as directors Mr. Oliver Lennox-King, Ms. Megan McElwain, Mr. John Kutkevicius, Dr. Henry Sandri and Mr. Gary Lewis;Reappointed Baker Tilly WM LLP, Chartered Accountants, as the Company's auditors;Approved the continued use of the Company's stock option plan in accordance with TSX Venture Exchange ("TSXV") policies;Approved an amendment to the articles of the Company to add a provision permitting the directors to appoint one or more additional directors between annual meetings of...