Azarga Metals closes $2.94 million private placement of 16,341,552 shares at $0.18 each

• Azarga Metals closed a non-brokered private placement on Sept. 28, raising gross proceeds of $2.94 million.
• Issued 16,341,552 common shares priced at $0.18 per share.
• Net proceeds earmarked for exploration at the Marg copper-rich VMS project in Yukon, working capital, financing costs.
• Paid $60,118 in cash finder’s fees. Issued 333,991 non-transferable finder’s warrants exercisable at $0.18 for two years.

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