BRIEF-Critical Element enters agreement to sell 14 mln shares on a bought deal private placement basis

Wed May 18, 2016 6:46am EDT
 
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May 18 (Reuters) - Critical Elements Corp

* Entered into agreement to sell 14 million shares on a bought deal private placement basis at a price of c$0.37

* Intends to use net proceeds for exploration and development of company's projects

* Critical element announces $5 million bought deal common share financing Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1-646-223-8780)