Welcome to the Adamera Minerals Hub On AGORACOM
High Grade GOLD and SILVER Exploration in Washington State
AGORACOM NEWS FLASH
Dear Agoracom Family,
I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.
As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.
To this end:
1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.
2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.
Sincerely,
George et al
Message: Adamera Minerals Announces Non-Brokered Financing
(via Thenewswire.ca)
Vancouver, British Columbia / TheNewswire / January 5, 2016 - Adamera Minerals Corp. (TSX-V:ADZ) announces a non-brokered private placement of up to 14,000,000 units at a price of $0.025 per unit. Each unit will consist of one common share and one non-transferable share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share exercisable for a period of 5 years following the closing of the private placement at a price of $0.05 per warrant share.
The private placement is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval and acceptance by the TSX Venture Exchange.
The Company intends to use the net proceeds from the private placement for general working capital and exploration on our Washington State properties.
|
General Administration for 9-10 months |
$254,250 |
|
Land holding costs |
$15,000 |
|
Unpaid wages and expenses |
$20,000 |
|
Exploration |
$70,000 |
|
TOTAL Financing |
$359,250 |
Included in the General Administration costs is a monthly expense of $6,000 for wages and consulting fees that may be paid to two related parties. A portion of unpaid wages and expenses will be paid to a related party.
Adamera Minerals Corp. is exploring for high-grade gold deposits within hauling distance of the operating Kettle River Mill in Northeastern Washington State. The company's strategy is to fast-track the discovery to production process by exploring close to a mill in need of ore. Adamera is exploring several projects with a goal to become the dominant mining/exploration company in the area through discovery.
On behalf of the Board of Directors,
Mark Kolebaba
President & CEO
For additional information please contact:
Tel: (604) 689-2010
Fax: (604) 484-7143
Email: [email protected]
Website: www.Adamera.com
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