|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.2000 - 0.2300|
|52 Week Range||0.2000 - 0.7500|
|Beta (5Y Monthly)||4.07|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Metallis Intersects Significant, Near Surface, Porphyry Copper/Gold Mineralization at the Cliff Zone on the Kirkham Property
VANCOUVER , Oct. 16, 2019 /CNW/ - Metallis Resources Inc. (TSX-V: MTS, OTCQB: MTLFF) (the "Company" or "Metallis") is pleased to announce that further to its news release dated September 24, 2019 , the Company has closed its non-brokered flow-through private placement for total proceeds of $1,855,601 , including an initial tranche of 1,140,000 shares for proceeds of $1,003,200 which closed, as previously announced, on September 24, 2019 . Under this private placement, the Company has issued a total of 2,108,638 flow-through common shares at a price of $0.88 per share. The Proceeds of the flow-through private placement will be used to incur "Canadian exploration expense" (within the meaning of the Act).
Toronto, Ontario--(Newsfile Corp. - October 7, 2019) - Eric Sprott announces that on October 6, 2019, 1,000,000 common share purchase warrants ("Warrants") of Metallis Resources Inc. (held by 2176423 Ontario Ltd., a corporation he beneficially owns) expired unexercised representing a decrease in holdings of approximately 3.7% of the outstanding common shares on a partially diluted basis since the previously filed early warning report. Prior to the expiry of these Warrants, Mr. Sprott beneficially ...
VANCOUVER , Sept. 24, 2019 /CNW/ - Metallis Resources Inc. (TSX-V: MTS, OTCQB: MTLFF) (the "Company" or "Metallis") announces that subject to TSX Venture Exchange (the "Exchange") approval, Metallis proposes to carry out a non-brokered flow-through private placement of up to 2,272,727 flow-through common shares of the Company at a price of $0.88 cents per share to raise up to $2,000,000 . The Proceeds of the flow-through private placement will be used to incur "Canadian exploration expense" (within the meaning of the Act). The Company will renounce these expenses to the purchasers with an effective date of no later than December 31, 2019 , and as required under the Act.
Based on an evolving geological understanding of the Eskay Rift and recently conducted 3D geological modeling, the Company launched its 2019 field program at the end of June with a focus on mapping, trenching and soil sampling in preparation for an extensive drill program at Kirkham to commence later this month. The 106 sq. km property is prospective for multiple deposit types. Field investigations have confirmed the presence of gabbros at the "K9" target within the Thunder North area.
OTCQB: MTLFF) (the "Company" or "Metallis") is pleased to announce the commencement of its Phase 1 Exploration Program (the "Program") at its 100%-owned Kirkham Property (the "Property"). The Property is prospective for multiple deposit types and is located in the prolific Eskay Camp of the Golden Triangle, northwestern British Columbia .
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 . Metallis completed a detailed high-resolution ( 83.3m line spacing) VTEM Survey, as well as state of the art WorldView-3 satellite imagery which resulted in the identification of follow up targets on the Kirkham Property (click here to view map). An extensive Neogene volcanic carapace covers part of the Thunder North target, but gabbroic rocks crop out under the volcanic center to the immediate south, and leucogabbros occur as inclusions in volcanic breccias.