Flow Metals Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Flow Metals Corp
Perm ID: 1-5068544948
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Flow Metals Updates Projects and Settlement Agreements
Flow Metals Corp. is improving cash flow through a debt conversion plan allowing a creditor to convert $300,000 into an 8% secured convertible debenture maturing in 2027. The company also settled a $30,000 royalty payment with 500,000 shares and is advancing its Sixtymile project.
Flow Metals Announces Financing
Flow Metals Corp. is planning a non-brokered private placement to raise $20,000. The offering will consist of 222,222 common shares priced at $0.09 per share. The funds raised will be used for exploration and development of its projects in British Columbia and the Yukon, working capital, and general corporate purposes. No finder's fees are expected to be payable on the offering. The securities offered have not been registered under the United States Securities Act of 1933 or any state securities laws. Flow Metals is a mining exploration company with projects in Yukon and British Columbia.
