- Metallis Resources (OTCQB:MTLFF) has announced a non-brokered placement of up to $0.5M where, the financing will consist of up to 7.7M shares at a price of $0.065/share.
- Proceeds from the financing will be used for the first phase exploration of the Greyhound property and for general corporate purposes.
- Shares issued on closing will be subject to a trading hold period expiring four months plus one day from the date of issuance.
Metallis Resources announces $0.5M non-brokered private placement
