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Critical Announces Closing of First Tranche of $976,600
Published : February 27, 2013
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Keywords :   Critical Elements | Finders |

MONTREAL, QUEBEC--(Marketwire - Feb. 27, 2013) - Critical Elements Corporation (News - Market indicators)(OTCQX:CRECF)(FRANKFURT:F12) is pleased to announce that it has closed the first tranche of a non-brokered private placement, for an amount of $976,600.

The Company has issued 4,883,000 units of common shares at a price of $0.20 per share for gross proceeds of $976,600. Each unit consists of one common share priced at $0.20 and one half of one purchase warrant. Each whole purchase warrant entitles the holder thereof to purchase one common share of the Corporation for a period of 36 months at a price of $0.375 per share.

The Company has paid $2,800 in Finders Fees. A Director has subscribed for 500,000 units of this financing.

Under applicable securities legislation and policies of the TSX Venture Exchange, the securities issued or issuable in the private placement are subject to a hold period of four months.

The proceeds of this private placement will be used for working capital and to pursue the feasibility study.

The private placement is subject to regulatory approval.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) responsibility for the adequacy or accuracy of this release.

Investor Relations:
Jean-Sebastien Lavallee, P.Geo.
President and Chief Executive Officer
819-354-5146
president@cecorp.ca
www.cecorp.ca
or
Paradox Public Relations
514-341-0408
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Critical Elements Corporation

EXPLORATION STAGE
CODE : CRE.V
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Annual reports of Critical Elements Corporation
Annual Report 2007
Financings of Critical Elements Corporation
2/21/2013Arranges Non-Brokered Private Placement
4/1/2011ANNOUNCES FINAL CLOSING OF ITS FINANCING
3/4/2011Reports a Partial Closing of its Financing
12/31/2010Closes a $2,900,000 Private Placement With the MineralFields...
6/12/2008arranging non-brokered private placements for up of $1,750,0...
Nominations of Critical Elements Corporation
12/13/2010Appointment of Ms. Jenna Hardy as director of the Company.
12/1/2010Appointment of Michel Robert and Jean Rainville as directors...
2/15/2008announce the appointment of Mr. Patrick Bradley
Project news of Critical Elements Corporation
6/9/2011INTERSECTS 1.29% LI20 AND 275 PPM TA2O5 OVER 5.90 METRES NEA...
6/1/2011(Croinor)and Blue Note Extend Completion of Croinor Acquisition
5/26/2011(Rose (lac Pivert))INTERSECTS 1.64% LI20 AND 226 PPM TA2O5 OVER 9.20 METRES NEA...
4/28/2011(Rose (lac Pivert))INTERSECTS UP TO 1.60% LI2O, 427 PPM TA2O5, 749 PPM BEO, 5,1...
3/20/2011(Rose (lac Pivert))Discovers a New Zone in Drilling on the Rose Deposit
2/22/2011(J6l1)Acquires Eight Rare Earth and Tantalum-Niobium Projects
2/22/2011(Gatineau)Acquires Eight Rare Earth and Tantalum-Niobium Projects
2/22/2011(Lac Savigny Ne)Acquires Eight Rare Earth and Tantalum-Niobium Projects
2/22/2011(Melasse)Acquires Eight Rare Earth and Tantalum-Niobium Projects
2/22/2011(Sophie Quebec)Acquires Eight Rare Earth and Tantalum-Niobium Projects
2/22/2011(Weres)Acquires Eight Rare Earth and Tantalum-Niobium Projects
2/22/2011(Reine)Acquires Eight Rare Earth and Tantalum-Niobium Projects
2/22/2011(Seigneurie)Acquires Eight Rare Earth and Tantalum-Niobium Projects
2/9/2011(Rose (lac Pivert))Drilling Leads to New Tantalum Discovery on Pivert/Rose
2/2/2011(Rose (lac Pivert))Pre-Feasibility Study Underway for the Rose Deposit
1/18/2011(Rose (lac Pivert))Reports 0.44% Li2O, 196 ppm Ta2O5, 505 ppm BeO, 3,565 ppm Rb...
1/11/2011(Rose (lac Pivert))Continue to Expend Rose Deposit
12/24/2010(Croinor)and Blue Note Extend Completion of Croinor Acquisition
11/29/2010(Rose (lac Pivert))Acquires a 100% Interest in the Pivert/Rose Property
11/9/2010(Rose (lac Pivert))Intersects by Drilling Mineralized Zone on New Showings and ...
10/22/2010(Rose (lac Pivert))Intersects 2.15% Li2O, 1,594 g/t Rubidium, 150 ppm Ta2O5, 14...
10/21/2010(Rose (lac Pivert))Acquires a 100% Interest in the Pivert/Rose Property
10/15/2010(Rose (lac Pivert))Files Its Positive 43-101NI Report on Pivert/Rose Property
6/3/2010(Rose (lac Pivert))Intersects 1.24% Li2O, 3,532 g/t Rubidium, 208 ppm Ta2O5, 16...
3/27/2008(Croinor)Start a Follow-Up Diamond Drill Program at Croinor
1/24/2008(Croinor)RESOURCE ESTIMATE ON CROINOR
Corporate news of Critical Elements Corporation
9/23/2013Reports Robust Tantalum Recoveries in Optimization Batch Tes...
9/5/2013Reports Positive Optimization Metallurgical Test Results Wit...
9/5/2013Reports Positive Optimization Metallurgical Test Results Wit...
8/6/2013Retains SGS Mineral Services in Lakefield to Complete Optimi...
4/11/2013Hires Paradox for IR
3/19/2013Announces Closing of Second Tranche of $604,000
2/27/2013Announces Closing of First Tranche of $976,600
2/12/2013Discovers Extension of JR Zone at 500 Meters West With High ...
11/12/2012Announces Pre-Development Agreement With the Grand Council o...
9/11/2012is Proud to Name Ron MacDonald as Executive Chairman and to ...
7/12/2011Initiates the Environmental Impact Assessment for the Rose T...
5/18/2011Environmental Study
3/9/2011New OTCQX Stock Symbol
2/17/2011First Gold Changes its Name to Critical Elements
12/29/2010First Gold Exploration update on exploration projects
4/4/2008Breaking news
3/24/2008Announce that is has started the application process for a F...
3/17/2008Increased by 50,000 the number of common shares
2/8/2008Increased by 479,550 the number of common shares
1/31/2008Announce that Mr. Eric Leboeuf has been appointed President ...
12/20/2007Breaking news
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TSX-V (CRE.V)
0.180+0.00%
TSX-V
CA$ 0.180
04/23 15:46 -
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