Adamera Announces Flow-Through Financing
Vancouver, B.C. - TheNewswire - June 30, 2022 - Adamera Minerals Corp. (TSXV:ADZ); (OTC:DDNFF) announces a non-brokered flow-through financing for up to $200,000 for work on the South Hedley Project in Southeastern British Columbia.
The South Hedley project was acquired by Adamera in 2021 and 2022 and covers approximately 154 square kilometres of prospective land. The property is located approximately 24 kilometres from the Copper Mountain Mine and 7 kilometres from the past producing Mascott Gold Mine which is a gold - copper deposit near Hedley BC.
The financing will consist of up to 2,000,000 flow-through shares of the Company ("FT Shares"), issuable at $0.10 per FT Shares, for gross proceeds of up to $200,000. Each FT share will consist of one common share of the Company.
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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.