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Metallis Resources Secures $1.5 Million in Private Placement

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Metallis Resources Secures $1.5 Million in Private Placement

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An update from Metallis Resources ( (TSE:MTS) ) is now available.

Metallis Resources Inc. has successfully closed a non-brokered private placement, raising $1,500,000 through the issuance of 9,375,000 units at $0.16 per unit. The funds will be allocated towards field exploration at the Kirkham and Greyhound properties and general corporate purposes. This financing strengthens Metallis’s operational capabilities and supports its strategic focus on resource exploration in key North American regions.

More about Metallis Resources

Metallis Resources Inc. is a Vancouver-based company engaged in the exploration of gold, copper, and silver. It focuses on its flagship 100%-owned Kirkham Property in northwest British Columbia’s Golden Triangle and the Greyhound Property, targeting silver, gold, and antimony in Idaho, USA. The company trades on the TSX Venture Exchange, OTCQB Exchange, and Frankfurt Stock Exchange.

Average Trading Volume: 50,222

Technical Sentiment Signal: Hold

Current Market Cap: C$14.31M

For an in-depth examination of MTS stock, go to TipRanks’ Overview page.

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