RENO, Nev.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
The corrected release reads:
EMC ANNOUNCES C$213,000 PRIVATE PLACEMENT
EMC Metals Corp. (the “Company” or “EMC”) (TSX: EMC) corrects its news release dated March 11, 2014 to clarify that the Company has entered into subscription agreements with certain investors to issue a total of 8,533,260 common shares of EMC Metals at a price of C$0.025 per share for gross proceeds of C$213,331. No fees will be paid in connection with the transaction and 87% of the total shares in the placement were subscribed for by management and insiders. The private placement has not closed, and closing is subject to approval by the Toronto Stock Exchange.
For additional information please contact:
EMC Metals Corp.
Investor Relations-Nevada: (775) 355-9500 or firstname.lastname@example.org
No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein. The securities have not been registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws, and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.