Mr. Karl Kottmeier reports
EMP METALS INCREASES FINANCING TO $2,000,000
Due to strong investor demand, EMP Metals Corp. has increased the size of its previously announced non-brokered private placement financing (see news release dated May 12, 2026). The company will issue up to four million units at a price of 50 cents per unit for gross proceeds of up to $2-million.
Each unit under the offering will consist of one common share and one share purchase warrant, with each warrant entitling the holder to purchase one additional share at a price of 70 cents per share for a period of one year from the date of issue.
The proceeds of the offering will be used for the development costs of its lithium brine properties in Saskatchewan and for general working capital purposes.
The closing of the offering is subject to certain closing conditions, including, but not limited to, receipt of all necessary approvals, including the approval of the Canadian Securities Exchange. All securities issued will be subject to a statutory hold period of four months plus one day from closing. The company may pay finders' fees in compliance with applicable securities laws and exchange policies and subject to the receipt of any necessary regulatory approvals.
About EMP Metals
Corp.
EMP is a Canadian-based lithium exploration and development company focused on large-scale resources using direct lithium extraction. EMP currently holds over 205,000 net acres (83,000 hectares) of subsurface dispositions and strategic wellbores in Southern Saskatchewan.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.