Critical Elements (TSXV:CRE,OTCQX:CRECF,FWB:F12) announced it has entered into an agreement with Canaccord Genuity Corp. to sell 14 million common shares on a bought-deal private-placement basis at a price of 37 cents per share for gross proceeds of $5.18-million.
The company intends to use the net proceeds for exploration and development of the company’s projects, and for general working capital purposes.
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