Metallis Resources Inc. (TSXV:MTS) (the "Company" or "Metallis Resources") is pleased to announce that it has arranged a non-brokered private placement for gross proceeds of up to $2,000,000. The financing is expected to close shortly. Private Placement Details 1,739,130 units will be issued at $1.15. Each unit will consist of one (1) common share of the Company and one-half of one (1/2) non-transferable share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of the Company at a price of $1.60 per share for a period of three years from the date of closing.Read full news