EFDID: 358726EFD: Raw Data

Issuer: Sterling Metals Corp. (0001727370) - D

Accession: 0001062993-20-006536 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Dec. 22, 2020
EFD Posted: Dec. 23, 2020
- < edgarSubmission >
  < schemaVersion > X0708 </ schemaVersion >
  < submissionType > D </ submissionType >
  < testOrLive > LIVE </ testOrLive >
- < primaryIssuer >
  < cik > 0001727370 </ cik >
  < entityName > Sterling Metals Corp. </ entityName >
- < issuerAddress >
  < street1 > 217 Queen Street West, Suite 401 </ street1 >
  < city > TORONTO </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M5V 0R2 </ zipCode >
  </ issuerAddress >
  < issuerPhoneNumber > (416) 643-7630 </ issuerPhoneNumber >
  < jurisdictionOfInc > CANADA (FEDERAL LEVEL) </ jurisdictionOfInc >
- < edgarPreviousNameList >
  < previousName > Latin American Minerals Inc. </ previousName >
  </ edgarPreviousNameList >
  < entityType > Corporation </ entityType >
- < yearOfInc >
  < overFiveYears > true </ overFiveYears >
  </ yearOfInc >
  </ primaryIssuer >
- < relatedPersonsList >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Mathew </ firstName >
  < lastName > Wilson </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 217 Queen Street West, Suite 401 </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M5V 0R2 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Dennis </ firstName >
  < lastName > Logan </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 217 Queen Street West, Suite 401 </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M5V 0R2 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Chris </ firstName >
  < lastName > Irwin </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 217 Queen Street West, Suite 401 </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M5V 0R2 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Executive Officer </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Richard </ firstName >
  < lastName > Patricio </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 217 Queen Street West, Suite 401 </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M5V 0R2 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
- < relatedPersonInfo >
- < relatedPersonName >
  < firstName > Stephen </ firstName >
  < lastName > Keith </ lastName >
  </ relatedPersonName >
- < relatedPersonAddress >
  < street1 > 217 Queen Street West, Suite 401 </ street1 >
  < city > Toronto </ city >
  < stateOrCountry > A6 </ stateOrCountry >
  < stateOrCountryDescription > ONTARIO, CANADA </ stateOrCountryDescription >
  < zipCode > M5V 0R2 </ zipCode >
  </ relatedPersonAddress >
- < relatedPersonRelationshipList >
  < relationship > Director </ relationship >
  </ relatedPersonRelationshipList >
  < relationshipClarification />
  </ relatedPersonInfo >
  </ relatedPersonsList >
- < offeringData >
- < industryGroup >
  < industryGroupType > Other </ industryGroupType >
  </ industryGroup >
- < issuerSize >
  < revenueRange > Decline to Disclose </ revenueRange >
  </ issuerSize >
- < federalExemptionsExclusions >
  < item > 06b </ item >
  </ federalExemptionsExclusions >
- < typeOfFiling >
- < newOrAmendment >
  < isAmendment > false </ isAmendment >
  </ newOrAmendment >
- < dateOfFirstSale >
  < value > 2020-12-18 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  < isOptionToAcquireType > true </ isOptionToAcquireType >
  < isSecurityToBeAcquiredType > true </ isSecurityToBeAcquiredType >
  < isOtherType > true </ isOtherType >
  < descriptionOfOtherType > Each Unit consists of 1 cm sh & 1 cm sh purchase wrt. Each whole wrt entitles the holder to purchase 1 cm sh at a exercise price of CAD$0.45 per cm sh for a period of 2 years from the closing date. </ descriptionOfOtherType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >
  < salesCompensationList />
- < offeringSalesAmounts >
  < totalOfferingAmount > 112527 </ totalOfferingAmount >
  < totalAmountSold > 45011 </ totalAmountSold >
  < totalRemaining > 67516 </ totalRemaining >
  < clarificationOfResponse > "Total Remaining to be Sold" is the aggregate purchase price of shares underlying warrants sold in this offering. U.S. dollar amounts are based on the Bank of Canada exchange rate 0.7828 reported on December 18, 2020. </ clarificationOfResponse >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 2 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 0 </ dollarAmount >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse />
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 0 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse />
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > Sterling Metals Corp. </ issuerName >
  < signatureName > /s/ Chris Irwin </ signatureName >
  < nameOfSigner > Chris Irwin </ nameOfSigner >
  < signatureTitle > Corporate Secretary </ signatureTitle >
  < signatureDate > 2020-12-22 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Dec. 22, 2020
EFD Posted: Dec. 23, 2020