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iMetal Resources Inc.

09:44 AM EST - iMetal Resources Inc. : Has closed a non-brokered private placement for gross proceeds of $1,281,250, in connection with the closing of the Placement, the Company issued 2,000,000 Quebec flow-through units to one subscriber resident in the Province of Quebec on March 31 and 3,125,000 flow-through units to subscribers resident in the rest of Canada on April 6. The FT Units and Quebec Units were both offered at a price of $0.25 per FT Unit and Quebec Unit. iMetal Resources Inc.

shares V.IMR are trading unchanged at $0.24.