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Contact MMG >VANCOUVER, BC / ACCESSWIRE / June 26, 2024 / Metallic Minerals Corp. (TSXV:MMG)(OTCQB:MMNGF) ("Metallic Minerals" or the "Company") announces that further to its June 20, 2024 news release, it has closed a first tranche (the "First Tranche") of its non-brokered private placement (the "Offering"). Under the First Tranche, the Company has issued 4,000,000 flow-through common shares (the "FT Common Shares") of the Company at a price of $0.40 per FT Common Share for gross proceeds of $1,600,000.Greg Johnson, CEO and Chairman, stated, "...
VANCOUVER, BC / ACCESSWIRE / July 3, 2024 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) ("Metallic Minerals" or the "Company") is pleased to announce that it has closed the second and final tranche (the "Final Tranche") of its previously announced non-brokered private placement (the "Offering"). Under the Final Tranche, investors subscribed for an additional 1,062,500 flow-through common shares (the "FT Common Shares") of the Company at a price of $0.40 per FT Common Share for gross proceeds of $425,000, bringing the total Offering...
VANCOUVER, BC / ACCESSWIRE / September 17, 2024 / Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF)("Metallic Minerals" or the "Company") announces that Newmont Corporation ("Newmont") has elected to exercise its 'top-up right' to purchase additional common shares in Metallic Minerals in order to maintain its 9.5% interest pursuant to its Investor Rights Agreement (the "IRA") dated May 18, 2023. Under the terms of the IRA, Newmont will purchase an aggregate of 577,776 common shares at a price of $0.36 per share (the "Top-Up Financing") r...