Metallic Minerals Completes $1.3M Flow-Through Share Offering

Metallic Minerals Corp. has successfully closed its flow-through share offering, raising approximately $1.3 million through the sale of 4,800,000 common shares priced at $0.27 each. This recent offering adds to previously closed financings, bringing total proceeds to $8 million. The funds will support exploration at the Keno Silver project and the Klondike Gold Alluvial Royalty portfolio in Canada.

Greg Johnson, CEO, highlighted strong backing from existing and new investors, including strategic partner Newmont Corporation. The raised capital is set to advance Metallic Minerals' La Plata copper-silver-gold-PGE project and Keno Silver project. A finders' fee of $48,000 was paid on a portion of the offering, subject to TSX-V acceptance.