Metallic Minerals Launches $2M Private Placement

Metallic Minerals (TSE:MMG) has released an update.

Metallic Minerals Corp. has announced a private placement of 5 million shares at $0.40 each to raise $2 million for exploration expenses in Canada. The funds will support their Keno Silver project and alluvial gold royalty portfolio in the Yukon Territory, with closing expected by June 24, 2024. The offering, not open to U.S. persons, is part of the company’s strategy to grow resources and advance projects in top North American mining jurisdictions.

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