Mr. Scott Sheldon reports
FLOW METALS ANNOUNCES FINANCING
Flow Metals Corp. will conduct a non-brokered private placement to raise aggregate gross proceeds of $20,000. The offering will consist of 222,222 common shares issued at a price of nine cents per share.
The company plans to use the net proceeds of the offering for exploration and development purposes of its projects in British Columbia and the Yukon and for working capital and general corporate purposes.
The company does not anticipate that any finders' fees will be payable on the offering. All securities issued in the offering will be subject to a four-month hold period in accordance with applicable securities laws.
About Flow Metals Corp.
Flow Metals is a mining exploration company focused on advancing two 100-per-cent-owned road access projects in established mining districts. Sixtymile is a Yukon gold project in the Sixtymile district, and New Brenda is a copper-silver-molybdenum porphyry project in British Columbia's Quesnel terrane.
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