Emperor Metals Inc announced a a non-brokered private placement financing of up to 17,064,000 million units at a price of CAD 0.125 per Unit for gross proceeds of up to CAD 2,133,000 on March 21, 2024. Each Unit will consist of one common share and one-half of a common share purchase warrant. Each whole Warrant will entitle the holder to purchase one additional Share of the Company at an exercise price of CAD 0.25 for a period of two years from the date or dates of closing of the Offering.

The company may pay finders' fees to arm's-length finders in connection with this placement, which are expected to be up to 6% of the gross proceeds raised by such finder, in cash, and non-transferable share purchase warrants to acquire common shares of the company of up to 6% of the number of units sold to a purchaser or purchasers introduced by the finder, and exercisable by the finder(s) at CAD 0.25 per share for a period of up to two years from a closing date. The offering is subject to the approval of the Canadian Securities Exchange, and any finders' fees payable will be issued in accordance with the policies of the CSE and applicable securities laws.