|Bid||0.0750 x 0|
|Ask||0.0800 x 0|
|Day's Range||0.0750 - 0.0750|
|52 Week Range||0.0600 - 0.1200|
|Beta (5Y Monthly)||2.38|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 13, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.25|
NorZinc Ltd. (TSX: NZC) (OTCQB: NORZF) (the "Company" or "NorZinc") is pleased to announce the closing of an equity financing agreement (the "Equity Financing") with RCF VI CAD LLC ("RCF") previously announced on May 3, 2021. Pursuant to the Equity Financing, the Company issued an aggregate of 14,713,455 common shares of the Company ("Common Shares") to RCF on a non-brokered private placement basis, at a price of $0.067965 per share for gross proceeds of approximately $1,000,000.
NorZinc Ltd. (TSX: NZC) (OTCQB: NORZF) (the "Company" or "NorZinc") reports its interim financial results and development activities for the first quarter ended March 31, 2021. ("Q1 2021"). (All amounts are in Canadian dollars unless otherwise stated. M = million)
NorZinc Ltd. (TSX: NZC) (OTCQB: NORZF) (the "Company" or "NorZinc") is pleased to announce that it has entered into an equity financing agreement with RCF VI CAD LLC ("RCF VI LLC"), a wholly owned subsidiary of Resource Capital Fund VI L.P ("RCF VI L.P.", and collectively with RCF VI LLC, "RCF"), pursuant to which RCF VI LLC has agreed, subject to shareholder and regulatory approvals, to purchase C$1,000,000 of common shares ("Common Shares") of NorZinc Ltd. ("NorZinc") on a non-brokered private placement basis at a price per Common Share equal to (i) the volume-weighted average price of the Common Shares on the Toronto Stock Exchange (the "TSX") for the five consecutive trading days beginning on May 5, 2021 (the "VWAP"), less (ii) a 10% discount to the VWAP (collectively, the "Investment"). The proceeds from the Investment will be used for general working capital purposes. The target closing date for the Investment is May 12, 2021, subject to the approval of the TSX and other customary conditions for such a financing.