08:12:30 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Metallic Minerals Corp
Symbol MMG
Shares Issued 99,644,804
Close 2020-08-18 C$ 1.03
Market Cap C$ 102,634,148
Recent Sedar Documents

Metallic Minerals 20-million-share private placement

2020-08-18 19:22 ET - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced July 27, 2020.

Number of shares:  20 million shares

Purchase price:  40 cents per share

Warrants:  10 million share purchase warrants to purchase 10 million shares

Warrant initial exercise price:  60 cents

Warrant term to expiry:  two years

Number of placees:  90 placees

Insiders:  Gregory Johnson, 400,000; A. Milne Consulting Corp. (Alicia Milne), 12,500; 2176423 Ontario Ltd. (Eric Sprott), 3.5 million; Scott Petsel, 12,500; Rebecca Moriarty, 12,500

Agents' fees:  Canaccord Genuity Corp,. $282,750 cash and 706,875 warrants; Mackie Research Capital Corp., $65,250 cash and 163,125 warrants; other, $87,000 cash and 217,500 warrants

Agent's warrant initial exercise price:  40 cents

Agent's warrant term to expiry:  Each warrant is exercisable into one common share at a price of 40 cents per share for 24 months.

Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.

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