Eric Sprott., a 10% Holder, acquired 3,500,000 Common Shares on a direct ownership basis at a price of $0.400 through a prospectus or prospectus exempt offering on August 13th, 2020. The insider also acquired 1,750,000 Warrants on a direct ownership basis at an exercise price of $0.600 for 24 months. This represents a $1,400,000 investment into the company's shares and an account share holdings change of 28.0%.
Metallic Minerals is in the Integrated Mining Sub Industry Group under the Basic Materials Sector.
Metallic Minerals Corp., formerly Monster Mining Corp., is a Canada-based exploration-stage company. The Company is a silver and gold exploration company. The Company's properties include Keno-Lightning and McKay Hill. The Company's Keno-Lightning property is located in the Keno Hill silver district of Canada's Yukon Territory. Its Keno-Lightning property consists of approximately 66.5 square kilometers of prospective ground. The McKay Hill project is located on the south slopes of McKay and Horseshoe Hills within the Ogilvie Mountains in central Yukon. The property is located approximately 50 kilometers north of the Keno Hill silver camp and over 100 kilometers north of Mayo in central Yukon. The project consists of 129 claims covering approximately 30 square kilometers located between various prospects and deposits, including the intrusion related (IRGS) Eagle Zone at Victoria Gold's Dublin Gulch and the Rau and Nadaleen trends. The Company has not generated revenue from operations.
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