Affinity closes $1.76-million in private placements

Jul 29, 2020

2020-07-28 20:01 ET – News Release

Mr. Robert Edwards reports


Affinity Metals Corp. has completed the closing of its 20-cent-per-unit non-brokered private placement previously announced on June 26, 2020, and has issued 3.75 million units for gross proceeds of $750,000. Affinity also completed the closing of its over-subscribed $0.22/unit non-brokered private placement previously announced on June 30, 2020 and has issued 4,605,137 units for gross proceeds of $1,013,130.14. No finder’s fees were paid in connection with these financings.

All securities issued under the private placements are subject to a four month hold period expiring November 28, 2020, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

About Affinity Metals

Affinity is focused on the acquisition, exploration and development of strategic metal deposits within North America. Affinity is following the Project Generator model.

Affinity is advancing the Regal and West Timmins Gold projects.

The Regal is located near Revelstoke, British Columbia, Canada in the northern end of the prolific Kootenay Arch and hosts two major geophysical anomalies as well as three past producing mines.

The West Timmins Gold property is located near Timmins, Ontario, Canada and adjoins Melkior’s Carscallen project. The first drill hole has been completed and the core is now being logged, split and sampled in preparation for assaying.

We seek Safe Harbor.

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