04:06:28 EDT Mon 20 May 2024
Enter Symbol
or Name
USA
CA



Clarity Metals Corp
Symbol CMET
Shares Issued 46,047,777
Close 2024-03-26 C$ 0.06
Market Cap C$ 2,762,867
Recent Sedar Documents

Clarity Metals closes $239,081 debt settlement

2024-03-28 17:01 ET - News Release

Mr. James Rogers reports

CLARITY METALS ANNOUNCES CLOSING OF DEBT SETTLEMENT

Further to its news release of March 17, 2024, Clarity Metals Corp. has issued an aggregate of 5,977,033 units of the company at a deemed price of four cents per unit in settlement of bona fide debts owed to certain creditors by the company in the aggregate amount of $239,081.34. Each unit consists of one common share in the capital of the company and one share purchase warrant, with each warrant entitling the holder thereof to acquire one additional share on or before March 27, 2025, at an exercise price of five cents per warrant share.

The securities are subject to a hold period expiring four months and one day from the date of issuance, in accordance with applicable securities laws.

About Clarity Metals Corp.

Clarity Metals is a Canadian mineral exploration project generator company focused on the acquisition, exploration and development of precious metal and base metal projects. Clarity's exploration mandate is global and focused on countries with established legal and regulatory systems supporting mining investment. The company is based in Vancouver, B.C., and is listed on the Canadian Securities Exchange under the symbol CMET.

Clarity has entered into an option agreement to acquire 50 per cent of the Lithium381 project adjacent to Allkem Ltd.'s James Bay lithium feasibility-stage project (see Clarity's news release dated Dec. 7, 2022).

Additionally, Clarity has title on several early-stage projects in British Columbia and Newfoundland:

  • Empirical gold-copper molybdenite property (6,511 hectares) -- Lillooet, B.C.;
  • Tyber gold-copper-silver property (928 hectares) -- southeast Vancouver Island, British Columbia;
  • Gretna Green gold-copper-silver property (1,331 hectares) -- Port Alberni, Vancouver Island, British Columbia;
  • Harp Lake nickel property (3,452 hectares) -- Labrador, Nfld.;
  • Eddies Cove MVT property (450 hectares) -- northwestern Newfoundland;
  • Hare Bay nickel property (750 hectares) -- northwestern Newfoundland.

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