Metallic Minerals prices bought-deal private placement at C$8 million
- Metallic Minerals launched a bought-deal LIFE private placement targeting gross proceeds of C$8 million.
- Deal covers 14,286,000 units at C$0.28, raising C$4 million, with 10,390,000 charity flow-through units at C$0.39 for C$4 million.
- Each unit includes one common share, plus a half-warrant exercisable at C$0.4 starting 61 days post-close for 36 months.
- Underwriters hold an option to upsize the financing by up to C$2 million; closing is scheduled for June 22, 2026.
- Proceeds earmarked for La Plata exploration in Colorado, with flow-through proceeds funding Keno Silver work in Yukon through 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metallic Minerals Corp. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202606011757ACCESSWRNAPR_____1172645) on June 01, 2026, and is solely responsible for the information contained therein.
