On July 30, 2025, Metallic Minerals Corp. completed a brokered private placement of 25,000,100 units at a price of $0.24 per unit for total gross proceeds of approximately $6 million, which included the full exercise of the agents’ over-allotment option.
The offering was conducted by a syndicate of agents led by Cormark Securities Inc., and included Canaccord Genuity Corp., SCP Resource Finance LP, and Beacon Securities Limited.
Cassels acted for the agents.