investment

opportunities

company & offering details

Metanor Resources Inc.

Metanor is a Quebec based corporation engaged in the production and sale of gold, as well as the exploration and development of mining properties. Its main assets are the Bachelor mine, the Barry project, as well as over 15,000 ha of exploration properties located in the mining-friendly jurisdiction of Quebec, in the heart of the Urban-Barry Camp. With the support of strategic shareholders, a strong management team experienced at all levels of project development and project financing, Metanor is seeking growth through the development of its properties using a partnership approach with local communities.

Offering to Accredited Investors Only

The gross proceeds from the FT Share offering will be used to fund exploration of the Company's properties. The proceeds from the Unit offering will be used for on-going development of the Company properties and for general corporate purposes.

Unit Price:C$0.70 per unit
Flow Through Shares: C$0.85 per FT share

Each Unit will consist of one common share of the Company and one half of one common share purchase warrant. Each Warrant will entitle the holder to acquire one Common Share for two years from the Closing Date at a price of C$0.90.

Closing Date: Anticipated December 29, 2017

Press release details available here
Company financial statements are available at SEDAR.com

 

raise amount: C$10M

minimum investment: C$25K

corporate video

financial summary

as of: 06-Dec-2017
TSXV MTO
Last Close Price C$0.75
High-Low (52-weeks) C$1.29-0.45
Shares Outstanding 84.8 million
Options 3.36 million
Market Capitalization C$63.6 million
Cash C$12.7 million as of September 30, 2017
Debt 0
Website www.metanor.ca/en/
   
   

historical performance

as of: 06-Dec-2017

join the conversation below

The views & opinions provided below do not represent those or Red Cloud Klondike Strike Inc. (“Red Cloud KS”), and are provided for informational purposes only. Red Cloud KS makes no representations as to the accuracy or completeness of any comment provided below, or to the information found in links provided within a comment. Red Cloud KS shall moderate and approve all comments before posting.

post your comment

How likely are you to recommend this opportunity to a friend or colleague?



Not at all

Extremely






Captcha Image

 

RISK WARNING:

Red Cloud Klondike Strike Inc. is registered as an Exempt Market Dealer (EMD) in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland & Labrador, and Yukon.

 

By accessing this website you agree to be bound by our Terms of Use and Privacy Policy.

 

Red Cloud Klondike Strike Inc. connects mining companies with suitable investors that qualify under available regulatory exemptions. For example, in Canada, according to National Instrument 45-106, Prospectus and Registration Exemptions. Similar laws and regulations apply in other jurisdictions. Companies presented on this website are considered to be highly speculative and, as such, are suitable only for purchasers who can tolerate the highest level of risk including the loss of their entire investment.

© Copyright 2017 Red Cloud Klondike Strike Inc. All rights reserved.