Strategic Metals Ltd. Announces Acquisition of Additional Securities of Precipitate Gold Corp.

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Home : Strategic Metals Ltd. Announces Acquisition of Additional Securities of Precipitate Gold Corp.

Nov 09 2016	Strategic Metals Ltd. Announces Acquisition of Additional Securities of Precipitate Gold Corp.
VANCOUVER, BC--(Marketwired - November 08, 2016) - Strategic Metals Ltd. (TSX VENTURE: SMD) ("Strategic") announces that on November 8, 2016, it exercised 10,000,000 share purchase warrants of Precipitate Gold Corp. ("Precipitate") at a price of $0.12 per share for total cash consideration of $1,200,000. (These warrants formed part of a private placement of 10,000,000 units which Strategic purchased from Precipitate by way of a private placement on November 26, 2015.)


Source:http://www.marketwired.com/mw/release.do?id=2173674&sourceType=3

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