May 17, 2017 / 11:41 AM / 3 months ago

BRIEF-Scientific Metals announces private placement

May 17 (Reuters) - Scientific Metals Corp

* Scientific Metals announces private placement

* Scientific Metals - proposes to complete a non brokered private placement of units at price of $0.85 per unit for gross proceeds of $1.7 million

* Scientific metals - intends to use net proceeds of private placement for phase 1 exploration program at its flagship Iron Creek cobalt property in Idaho Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below