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CMC Metals clarifies technical disclosure for Canadian NI 43-101 compliance, addressing issues with the 2020 Technical Report on the Silver Hart Property in Yukon. The report is not compliant with NI 43-101 standards and should not be relied upon until verified. The company also provides information on proposed exploration activities for the 2024 season. Contact details for investor inquiries are included.
CMC Metals announced a private placement to raise C$500,000, with potential to reach C$750,000 through the sale of flow-through units and non-flow-through units. The company will use the proceeds for exploration programs in various properties. The Offering involves finder's fees, and all securities issued will be subject to hold periods and regulatory approvals.