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    Home»Mining & Resources»Correction to Press Release: Announcement of Completion of Second Tranche of Non-Brokered Private Placement
    Mining & Resources

    Correction to Press Release: Announcement of Completion of Second Tranche of Non-Brokered Private Placement

    Alexander LeeBy Alexander LeeAugust 28, 2024Updated:August 28, 2024No Comments2 Mins Read
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    On August 28, 2024, Visionary Metals Corp. issued a press release to amend a previous press release from August 8, 2024. The correction is related to the disclosure of the amount of units (referred to as “Units”) issued during the Second Tranche of a non-brokered private placement offering. In the Second Tranche, the Company issued 5,240,000 Units at a price of $0.05 per Unit, resulting in gross proceeds of $262,000. This brings the total number of Units issued in the Offering to 8,276,000 with total gross proceeds of $413,800. The correction addresses the inaccurate disclosure that originally stated 5,140,000 Units issued in the Second Tranche, resulting in gross proceeds of $257,000.

    Furthermore, it is important to note that this news release does not constitute an offer of securities for sale within the United States. The securities offered in this release have not been registered under the United States Securities Act of 1933, as amended, and therefore cannot be sold or offered in the United States without U.S. registration or an applicable exemption.

    Visionary Metals Corp. is a Vancouver-based mineral exploration company focused on discovering new electric metals in Fremont County, Wyoming. Their mission is to explore responsibly and develop resources that benefit all stakeholders. The company controls a land package exceeding 55 square kilometers with numerous drill ready targets in central Wyoming, which has historically been unexplored using modern techniques.

    For more information, please visit the Visionary Metals Corp. website at www.visionarymetalscorp.com. This news release may contain forward-looking statements based on estimates and assumptions. However, actual results may differ due to known and unknown risks and uncertainties. The Company disclaims any obligation to update or revise these forward-looking statements. The TSX Venture Exchange does not accept responsibility for the accuracy of this release, and distribution in the United States is prohibited.

    To view the original source of this press release, please visit: https://www.newsfilecorp.com/release/221459.

    correction nonbrokered placement press private release second source tranche
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    Alexander Lee
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    Alexander is the founder and author of Microcaps.ca, a leading resource for investors interested in the micro-cap stock market. With a passion for uncovering hidden gems in the world of small-cap stocks, Alexander combines in-depth research with years of experience in the financial markets to provide readers with valuable insights and timely analysis. Investors should conduct their own research or consult with a qualified investment advisor before making any investment decisions. The author of this article is not responsible for any gains or losses incurred from investing in companies mentioned.

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