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EMC Metals Closes Common Share Private Placement

EMC Metals Closes Common Share Private Placement

EMC Metals Corp. (TSX:EMC) completed a private placement of 5,534,411 common shares at a price of C$0.085 per share for gross proceeds of C$470,425. 31 percent of the placement was sold to directors of EMC.

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Company Videos

Jeb Handwerger Interview on Palisade Radio

Gold Stock Trades Editor, Jeb Handwerger, is this week’s Palisade Radio interviewee. In the interview, Mr. Handwerger talks about current world events and the potential ‘black swan’ events, which could spark off a rally in commodities.

Dr. Keith Barron Interviewed on Palisade Radio: The Uranium Bottom is In Right Now

Uranium – Last week, experienced exploration geologist Dr. Keith Barron was interviewed on Palisade Radio regarding his perspective on the uranium sector. Barron believes “the bottom is in right now” for the metal, and that “we will see a very quick double in the spot price for uranium” once Japan’s reactors are turned back on.

Market News

“Outlook Has Rarely Been Brighter for Agriculture Companies” Says Globe Advisor

Potash – In an article from Globe Advisor, Globe Investor's in-house market strategist Scott Barlow suggested that although there is some caution required in the short term, the "outlook has rarely been brighter" for companies in the agricultural sector. He writes that long term trends point to sizeable opportunities in agriculture and related industries such as seed technology, water treatment, fertilizers and more.

Australia Planning National Gas Network

Gas – Australian Mining reported that Ian MacFarlane, Australia's minister for industry, has announced plans to build a national gas network. It could help prevent gas shortages and price hikes in New South Wales.

Iron Ore Falls on Projected Surplus

Iron – Bloomberg reported today that Iron Ore prices fell today on continued expectations for a surplus for the global seaborne market.

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