IMC International Mining Corp. announced that it has received CAD 2.676453 million in funding from Sun Tzu Ventures Inc and other investors
On May 19, 2021, IMC International Mining Corp. (CNSX:IMCX) closed the transaction. The company received 2,386,870 flow-through units for proceeds of CAD 477,374 and 5,176,366 unit proceeds of CAD 766,454.9 for aggregate proceeds of CAD 1,253,828.90 in its final tranche. The company raised 8,873,740 flow-through units and 6,011,366 unit for gross proceeds of CAD 2,676,453 in the transaction. The company paid CAD 28,866.18 as a finder’s fees and 144,331 finder’s warrants entitling the holder thereof to purchase one Share at an exercise price of CAD 0.20 per share for a period of 24 months from the date of issuance. The transaction included participation form directors of the company for 100,000 flow through units.