METALLIS RESOURCES INC. ("MTS")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: June 27, 2017
TSX Venture Tier 2 Company
TSX Venture Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced April 06, 2017:
Flow-Through Shares:
Number of FT Shares: 210,000 flow through shares
Purchase Price: $0.25 per flow through share
Warrants: 105,000 share purchase warrants to purchase 105,000 shares, subject to an accelerated expiry
Warrant Initial Exercise Price: $0.35
Warrant Term to Expiry: 2 Years
Non Flow-Through Shares:
Number of Non-FT Shares: 2,465,559 non flow through shares
Purchase Price: $0.18 per non flow through share
Warrants: 1,232,780 share purchase warrants to purchase 1,232,780 shares, subject to an accelerated expiry
Warrant Initial Exercise Price: $0.35
Warrant Term to Expiry: 2 Years
Number of Placees: 34 Placees
Insider / Pro Group Participation:
Insider=Y /
Name Pro-Group=P # of Shares
Michael Sikich Y 100,000
Avanti Consulting Inc Y 50,000
(Fiore Aliperti)
DG Dupre & Associates Y 50,000
(David Dupre)
Sameen Sheikh Y 30,000
Lever Capital Corp. Y 30,000
(Jon Lever)
The Company issued news releases on May 8, 2017 and June 26, 2017 confirming closing of the private placement. Note that in certain circumstances the Exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
The above information is a summary only. Neither TMX Group Limited nor any of its affiliated companies guarantee the accuracy or completeness of the information contained in this document. Readers should consult the issuer's continuous disclosure record for complete details of the transaction.
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