Mr. Fiore Aliperti reports

METALLIS CLOSES $1,500,000 NON-BROKERED PRIVATE PLACEMENT

Metallis Resources Inc. has closed its non-brokered private placement. Details regarding the financing can be found in the company's previous news releases dated May 22 and June 6, 2025.

Total proceeds from the financing are $1.5-million, resulting in the issuance of 9,375,000 units at a price of 16 cents per unit. Each unit consists of one common share and one non-transferable share purchase warrant entitling the holder to purchase one additional common share at a price of 26 cents per share for a three-year period.

Proceeds from the financing will be used for field exploration work at the company's Greyhound and Kirkham properties and for general corporate purposes.

All shares issued on closing are subject to a regulatory trading hold period expiring four months plus one day from date of issuance.

Finders' fees of $42,720 along with 267,000 finders' warrants, also exercisable at a price of 26 cents per share for a three-year period, were paid to registered finders.

About Metallis Resources Inc.

Metallis Resources is a Vancouver-based company focused on the exploration for gold, copper and silver on its flagship, 100-per-cent-owned Kirkham property in Canada, situated in northwestern British Columbia's Golden Triangle, and on the Greyhound property, a gold-silver-antimony target in Idaho, United States.

We seek Safe Harbor.