VANCOUVER, BC / ACCESSWIRE / June 9, 2022 / Metallic Minerals (TSX.V:MMG)(OTCQB:MMNGF) ("Metallic Minerals", or the "Company") is pleased to report that it has closed its previously announced non-brokered private placement financing for aggregate proceeds of $4,032,000 through the issuance of 9,600,000 units at a price of $0.42 per flow-through unit (the "Private Placement"). Each Unit consists of one flow-through common share and one-half purchase warrant where each whole warrant is exercisable into a flow-through common share for 30 months at a price of $0.50 on the TSX Venture Exchange ("TSX-V").
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