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METALLIS ANNOUNCES $500,000 NON-BROKERED PRIVATE PLACEMENT
METALLIS ANNOUNCES $500,000 NON-BROKERED PRIVATE PLACEMENT Canada NewsWire VA...
About this update from Metallis Resources Inc.
[{"type":"text","content":"\n \n \n \n METALLIS ANNOUNCES $500,000 NON-BROKERED PRIVATE PLACEMENT\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntaj{\nTEXT-ALIGN: JUSTIFY\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n March 14, 2024\n \n /CNW/ -\n \n Metallis Resources Inc.\n \n (TSXV: MTS) (OTCQB: MTLFF) (FSE: 0CVM)\n \n (the \"Company\" or \"Metallis\") announces a non-brokered placement (the \"Financing\") of up to\n \n $500,000\n \n . The Financing will consist of up to 7.7 million shares at a price of\n \n $0.065\n \n per share.\n \n \n \n \n \n \n \n \n \n \n \n Proceeds from the Financing will be used for the first phase exploration of the Greyhound property and for general corporate purposes.\n \n \n \n \n Shares issued on closing will be subject to a trading hold period expiring four months plus one day from the date of issuance. Closing of the private placement is subject to receipt of all necessary regulatory approvals and final acceptance by the TSXV.\n \n \n \n \n About Metallis\n \n \n \n Metallis Resources Inc. is a\n \n Vancouver\n \n -based company focused on the exploration for gold, copper, and silver on its flagship 100%-owned Kirkham Property in\n \n Canada\n \n , situated in northwest\n \n British Columbia's\n \n Golden Triangle, and on its recently acquired Greyhound Property, a gold/silver target in\n \n Idaho, USA\n \n .\n \n \n Metallis trades under the symbols MTS on the TSX Venture Exchange, MTLFF on the OTCQB Exchange, and 0CVM on the Frankfurt Stock Exchange. The Company currently has 60,544,312 common shares issued and outstanding.\n \n \n On behalf of the Board of Directors:\n \n /s/ \"Fiore Aliperti\"\n \n Chief Executive Officer, President, and Director\n \n \n \n CAUTION REGARDING FORWARD-LOOKING STATEMENTS\n \n \n \n This Press Release may contain statements which constitute 'forward-looking' statements, including statements regarding the plans, intentions, beliefs and current expectations of the Company, its directors, or its officers with respect to the future business activities and operating performance of the Company. The wo...