eMetals Shares jump ahead of $4.3m financing for Salmon Gums buyout
- eMetals (EMT) shares are in the green today as it look to raise $4.3 million to purchase Salmon Gums Minerals
- Salmon Gums owns two highly prospective tenement applications in the Albany Fraser Range province of Western Australia
- Importantly, these tenements are near eMetal Cowlinya Rare Earth Elements Project
- Under the placement, eMetal’s will issue around 350 million shares at 1.25 cents per share
- On the market this afternoon, eMetal’s is up 46.7 per cent, trading at 2.2 cents per share
