StockGuru Alert Live from ValueRich in Miami: News from General Metals and KAL Energy
General Metals Corporation (OTCBB: GNLM) General Metals Update: Phase 1 Finance Discussions Underway and Phase 2 Deep Drilling Expansion Program on Course RENO, Nev.–(BUSINESS WIRE)–General Metals Corporation (OTCBB:GNLM - News) is pleased to announce that discussions with potential equity funding groups for Phase 1 financing has commenced, although no definitive terms have been agreed to at this time. The Company is working towards completion of Phase 1, up to $2,000,000, by April 30, 2007, our year end. The proceeds will be used to drill the Independence surface and shallow target and the North surface target, which collectively are estimated to…