EFDID: 481592EFD: Raw Data

Issuer: Sterling Metals Corp. (0001727370) - D

Accession: 0001062993-23-009320 () (EDGAREDGAR Files) (Form DForm D)

Edgar Posted: Apr. 19, 2023
EFD Posted: Apr. 19, 2023
- < 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 > 416-643-3887 </ 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 > 2023-04-17 </ value >
  </ dateOfFirstSale >
  </ typeOfFiling >
- < durationOfOffering >
  < moreThanOneYear > false </ moreThanOneYear >
  </ durationOfOffering >
- < typesOfSecuritiesOffered >
  < isEquityType > true </ isEquityType >
  < isOptionToAcquireType > true </ isOptionToAcquireType >
  < isSecurityToBeAcquiredType > true </ isSecurityToBeAcquiredType >
  < isOtherType > true </ isOtherType >
  < descriptionOfOtherType > Units consisting of 1 cm sh and 1 cm sh purchase wrt. Each wrt shall be exercisable to acquire 1 cm sh at a price of C$0.25 per wrt for a period of 2 years following the closing date. </ descriptionOfOtherType >
  </ typesOfSecuritiesOffered >
- < businessCombinationTransaction >
  < isBusinessCombinationTransaction > false </ isBusinessCombinationTransaction >
  < clarificationOfResponse />
  </ businessCombinationTransaction >
  < minimumInvestmentAccepted > 0 </ minimumInvestmentAccepted >
- < salesCompensationList >
- < recipient >
  < recipientName > PI Financial (US) Corp. </ recipientName >
  < recipientCRDNumber > 127404 </ recipientCRDNumber >
  < associatedBDName > None </ associatedBDName >
  < associatedBDCRDNumber > None </ associatedBDCRDNumber >
- < recipientAddress >
  < street1 > Vancouver Centre II </ street1 >
  < street2 > 2500-733 Seymour Street </ street2 >
  < city > Vancouver </ city >
  < stateOrCountry > A1 </ stateOrCountry >
  < stateOrCountryDescription > BRITISH COLUMBIA, CANADA </ stateOrCountryDescription >
  < zipCode > V6B 0S6 </ zipCode >
  </ recipientAddress >
- < statesOfSolicitationList >
  < state > TX </ state >
  < description > TEXAS </ description >
  < state > ID </ state >
  < description > IDAHO </ description >
  </ statesOfSolicitationList >
  < foreignSolicitation > false </ foreignSolicitation >
  </ recipient >
  </ salesCompensationList >
- < offeringSalesAmounts >
  < totalOfferingAmount > 537408 </ totalOfferingAmount >
  < totalAmountSold > 201528 </ totalAmountSold >
  < totalRemaining > 335880 </ 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 0.7464 reported on April 17, 2023 </ clarificationOfResponse >
  </ offeringSalesAmounts >
- < investors >
  < hasNonAccreditedInvestors > false </ hasNonAccreditedInvestors >
  < totalNumberAlreadyInvested > 2 </ totalNumberAlreadyInvested >
  </ investors >
- < salesCommissionsFindersFees >
- < salesCommissions >
  < dollarAmount > 12092 </ dollarAmount >
  </ salesCommissions >
- < findersFees >
  < dollarAmount > 0 </ dollarAmount >
  </ findersFees >
  < clarificationOfResponse > 6% of gross proceeds. </ clarificationOfResponse >
  </ salesCommissionsFindersFees >
- < useOfProceeds >
- < grossProceedsUsed >
  < dollarAmount > 0 </ dollarAmount >
  </ grossProceedsUsed >
  < clarificationOfResponse />
  </ useOfProceeds >
- < signatureBlock >
  < authorizedRepresentative > false </ authorizedRepresentative >
- < signature >
  < issuerName > Sterling Metals Corp. </ issuerName >
  < signatureName > /s/ Mathew Wilson </ signatureName >
  < nameOfSigner > Mathew Wilson </ nameOfSigner >
  < signatureTitle > Chief Executive Officer </ signatureTitle >
  < signatureDate > 2023-04-19 </ signatureDate >
  </ signature >
  </ signatureBlock >
  </ offeringData >
  </ edgarSubmission >
Edgar Posted: Apr. 19, 2023
EFD Posted: Apr. 19, 2023