E2 Metals: Raises $2.75M to speed-up drilling at Conserrat
- E2 Metals has successfully completed a $2.75M placement and will use the funds to speed-up drilling at its Conserrat gold and silver discovery
- Approximately 22M shares also issued to sophisticated and professional investors at a price of 12.5 cents
- E2 Metals is now looking to open a share purchase plan to raise an additional $750,000
- Eligible shareholders will have the opportunity to purchase up to $30,000 worth of shares at a price of 12.5 cents each
- As well as going to the Conserrat gold and silver discovery, the money will also used to strengthen E2 Metals’ balance sheet
- E2 Metals has also ended the day 9.09 per cent in the red with shares trading for 15 cents each
