Imetal Resources Inc. (IMR)
NEO-L 
Summary
IMR Chart
iMetal Resources Closes First Tranche of Previously Announced Non-Brokered Private Placement
VANCOUVER, BC / ACCESSWIRE / December 20, 2024 / iMetal Resources Inc. (TSXV:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce that it has closed the first tranche of its non-brokered private placement dated November 4, 2024. Under this tranche, the Company issued a total of 4,466,686 Units at a price of $0.15 per Unit for total proceeds of $670,002.90 (the "First Tranche").
IMetal Resources Announces Non-Brokered Private Placement Offering for Gross Proceeds of up to $1,500,000
VANCOUVER, BC / ACCESSWIRE / November 4, 2024 / iMetal Resources Inc. (TSX.V:IMR)(OTCQB:IMRFF)(FRANKFURT:A7V) ("iMetal" or the "Company") is pleased to announce a non-brokered private placement of units (each, a "Unit") to raise gross proceeds of up to $1,500,000 through the sale of 10,000,000 Units at the price of $0.15 per Unit (the "Offering") Each Unit will consist of one common share in the capital of the Company (each, a "Share") and one transferable share purchase warrant of the Company (each, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one additional Share of the Company at a price of $0.20 for a period of two years from the date of closing of the Offering.
Imetal Resources Inc. (IMR) FAQ
What is the stock price today?
On which exchange is it traded?
What is its stock symbol?
Does it pay dividends? What is the current yield?
What is its market cap?
Has Imetal Resources Inc. ever had a stock split?
Imetal Resources Inc. Profile
| Metals & Mining Industry | Materials Sector | Satvir Singh Dhillon CEO | NEO-L Exchange | CA45250A4063 ISIN |
| CA Country | - Employees | - Last Dividend | 14 Jan 2022 Last Split | - IPO Date |
Overview
iMetal Resources Inc. is a junior exploration company deeply engaged in the identification, exploration, development, and evaluation of mineral resource properties, primarily in Ontario and Quebec, Canada. The company's efforts are directed towards discovering precious and base metal resources. Originally founded in 1993 and initially known as Adroit Resources Inc., it underwent a name change to iMetal Resources Inc. in November 2015. With its headquarters based in Vancouver, Canada, iMetal Resources stands committed to advancing its exploration projects while adhering to sustainable and responsible mining practices. The company's portfolio includes the flagship Gowganda West project, along with the Kerrs Gold and Ghost Mountain properties in Ontario, and the Carheil project in the prolific Abitibi region of Quebec.
Products and Services
- Gowganda West Project
Located in Ontario, the Gowganda West Project is iMetal Resources Inc.'s flagship exploration site, covering an extensive area of approximately 147 square kilometers. This project targets the exploration of precious and base metals within a region known for its rich mineralization and potential for significant discoveries.
- Kerrs Gold Property
This property spans 665 hectares, also situated in Ontario. The Kerrs Gold Property is primarily focused on the exploration of gold, taking advantage of its favorable geological setting that hints at the presence of valuable ore deposits within the area.
- Ghost Mountain Property
The Ghost Mountain Property comprises eleven claim units that together cover an area of 220 hectares, located in Ontario. This project is another testament to iMetal Resources Inc.'s commitment to exploring and uncovering the potential for precious and base metal deposits within its claim areas.
- Carheil Project
In the heart of the Abitibi region of Quebec, the Carheil Project represents iMetal Resources Inc.'s venture outside of Ontario. It encompasses approximately 5,400 acres of contiguous land, showing promise for the exploration of base and precious metals in one of Canada's most prolific mining regions. The company holds a 100% interest in this project, highlighting its significant investment and belief in the potential of the Abitibi region.
