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Tag Archives: $MTS

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METALLIS PROVIDES UPDATE ON NICKEL TARGETS AT KIRKHAM PROPERTY

METALLIS PROVIDES UPDATE ON NICKEL TARGETS AT KIRKHAM PROPERTY
May 8, 2019 Vancouver, BC: Metallis Resources Inc. (TSX-V: MTS; OTCQB: MTLFF) (the “Company” or “Metallis”) is pleased to provide an update on its Thunder North and other newly identified targets for magmatic Ni-Cu mineralization within its 100%-owned Kirkham Property in the prolific Eskay mining camp in northwest British Columbia.
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Metallis Resources Discovers Epithermal Vein System at Kirkham

Metallis Resources Discovers Epithermal Vein System at Kirkham
Metallis Resources Inc. (TSX-V: MTS; OTCQB: MTLFF) (the "Company" or "Metallis") is pleased to announce a new gold/silver discovery on the Company's 100%-owned Kirkham Property located in the heart of the Eskay Camp.  The Etta vein discovery occurs at the northern end of the 7.5km long mineralized Hawilson Monzonite Porphyry Complex, west of the Cole target. 
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Metallis Arranges $4 Million Financing

Metallis Arranges $4 Million Financing
Up to 1,670,000 Non Flow-through Units will be issued at $1.20 per Unit and up to 1,340,000 Flow-through Units will be issued at $1.50 per Flow-through Unit.  Each Non Flow-through Unit will consist of one common share of the Company and one-half of one non-transferable share purchase warrant.  Each Flow-through Unit will consist of one flow-through common share of the Company and one-half of one non-transferable non flow-through share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of the Company at a price of $1.65 per share for a period of 36 months following the closing of the financing.
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