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MONTRÉAL, QUÉBEC--(Marketwired - July 12, 2017) - Canadian Metals Inc. (The "Company") (CSE:CME)(CSE:CME.CN)(CNSX:CME) is planning to complete a total of $8 million in funding over the next few months. This investment will complete the $9.2 million global financing plan which was developed in order to undertake all phases of project implementation. As a result, the Corporation is pleased to announce that Ressources Québec Inc., a wholly owned subsidiary of Investissement Québec, acting as agent for the Government of Quebec, has obtained authorization from its principal to invest $2.125 million in Canadian Metals in the form of share capital at a price to be determined by and to the satisfaction of Ressources Québec, particularly in order to support the implementation phases of the project including the feasibility study and the environmental impact study, as well as the application for a certificate of authorization for the silicon alloy plant project. |
