Metallis closes $1.17 million private placement at $0.15 per unit

• Metallis closed a non-brokered private placement raising $1.17 million in one tranche.
• Issued 7,830,333 units at $0.15; each includes one share, 1/2 warrant exercisable at $0.2 for three years.
• Paid finders’ fees of $83,764; issued 558,426 finder warrants exercisable at $0.2 for three years.
• Proceeds earmarked for exploration at the Greyhound property, working capital.
• Financing size revised from $1.2 million disclosed June 30 due to one subscription not completing.

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