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TORONTO, ONTARIO--(Marketwire - Dec. 28, 2012) - Xmet Inc. (TSX VENTURE:XME) ("Xmet") is pleased to announce that, subject to the acceptance of the TSX Venture Exchange (the "Exchange") it has closed an expedited non-brokered private placement offering of 4,387,500 common shares in the capital of Xmet (each, a "Common Share") issued on a flow through basis for aggregate gross proceeds of $351,000 (the "Offering"). |