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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (50973)11/5/2018 10:21:07 PM
From: Goose94Read Replies (2) of 203703
 
United Battery Metals (UBM-Cse) Closing of Oversubscribed PP

Nov 5, '18 - NR

United Battery Metals intends to close on November 6, 2018 its oversubscribed non-brokeredprivate placement financing (the "Financing")of 485,434 units (the "Units"), eachissued at a price of $1.15, for aggregate gross proceeds of $558,249.

Each Unit consists of one common share inthe capital of the Company (a "CommonShare") and one-half of one Common Share purchase warrant, whereby eachwhole warrant (a "Warrant") isexercisable for one Common Share at a price of $1.25 for a period of 24 monthsfrom the date of issuance.

In connection with the Financing, the Companywill not pay any finders' fees.

The net proceeds from the financing are tobe used for continued exploration of the company's Wray Mesa vanadium propertyand for general and administrative expenses. The securities issued pursuant tothe financing (and any securities issued upon the exercise thereof) are subjectto a hold period which will expire four months and one day from the date ofclosing of the financing.

We seek Safe Harbor.

ON BEHALF OF THE BOARD OF

UNITED BATTERY METALS CORP.

/s/ Matthew Rhoades
Matthew Rhoades
Chief Executive Officer and Director

For further information, please telephone: (604)428-9063
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