# Purecore Closes $3.52M Private Placement

> Purecore Metals completes $3.52M oversubscribed private placement with flow-through and hard dollar units.
- Title: Purecore Closes $3.52M Private Placement · Financialpost
- Summary: Purecore Metals completes $3.52M oversubscribed private placement with flow-through and hard dollar units. Purecore Metals Inc. closed a non-brokered private…
- Keywords: purecore, purecore metals inc, cse, flow-through units, hard dollar units, non-brokered private placement, money, business, Closes, 52M, Private, Placement
- Source: Financialpost — https://financialpost.com/globe-newswire/purecore-closes-3-52m-oversubscribed-non-brokered-private-placement
- Read time: 1 min
- Topics: purecore, purecore metals inc, cse, flow-through units, hard dollar units, non-brokered private placement, money, business
## Purecore Metals Announces Private Placement
Purecore Metals Inc. closed a non-brokered private placement for aggregate gross proceeds of C$3,523,754.50.
## 1,000,668 Flow-Through Units Issued
1,000,668 flow-through units sold at c$1.50 per unit for aggregate gross proceeds of c$1,501,002.
## 1,498,335 Hard Dollar Units Issued
1,498,335 hard dollar units sold at c$1.35 per unit for aggregate gross proceeds of c$2,022,752.50.
## Warrant Acceleration Provision
Warrants may accelerate expiry if common shares reach c$2.50 for ten consecutive trading days after four months from closing.
## Finder's Fees and Warrants
Company paid c$28,175.17 in finder's fees and issued 20,871 non-transferable finder's warrants.
## Key takeaway

Purecore Metals Inc. closed a non-brokered private placement raising C$3,523,754.50 through 1,000,668 flow-through units and 1,498,335 hard dollar units.