Emperor Metals Inc. announced a non-brokered private placement of up to 15,144,400 units at a price of CAD 0.10 per unit for gross proceeds of up to CAD 1,514,440 on November 17, 2023. Each unit will consist of one common share and one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of the company at an exercise price of CAD 0.20 for a period of two years from the date or dates of closing of the offering.

The company may pay finder's fees of up to 7% of the gross proceeds in cash and issue non-transferable share purchase warrants to acquire common shares of up to 7% of the number of units sold to a purchaser or purchasers to arm?s length finders in connection with this placement. The finder's warrants are exercisable by the finders at CAD 0.20 per share for a period of up to two years from a closing date. The offering is subject to notice of the Canadian Securities Exchange and any finder?s fees payable will be issued in accordance with the policies of the CSE and applicable securities laws.