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Metallis Resources Inc V.MTS

Alternate Symbol(s):  MTLFF

Metallis Resources Inc. is a Canada-based mineral exploration company. The Company is focused on the exploration of gold, copper, nickel, and silver at its 100%-owned Kirkham Property. The Kirkham Property covers approximately 106 square kilometers and is located about 65 kilometers (km) north of Stewart, British Columbia, in the heart of the Golden Triangle's prolific Eskay (Sulphurets) Camp. It is located along a strategic geological boundary on the western margin of the Eskay Rift system and is prospective for multiple mineral deposit types. The Kirkham Property is within 20 km of the past producing Eskay Creek mine while the eastern border is within 12 - 20 km of Seabridge Gold's KSM deposits and Newcrest Mining's producing Brucejack mine. The Company’s Greyhound Property is a gold/silver target in Idaho, United States. The Company’s Greyhound Property is located in Custer County, Idaho, approximately 42 km northwest of the town of Stanley.


TSXV:MTS - Post by User

Post by engineerFromCEOon May 11, 2021 6:08pm
118 Views
Post# 33179158

Sprott Asset Management owns 10.4% of MTS

Sprott Asset Management owns 10.4% of MTS
Sprott Asset Management w 10.4% of MTS.

Common shares(the “Common Shares”)and warrants (the “Warrants”) of Metallis  Resources Inc. (the “Issuer”),604–850 West Hastings Street,Vancouver, BC,V6C1E1.

Sprott Asset Management LPRoyal Bank Plaza, South Tower200 Bay Street, Suite 2600, P.O. Box 26Toronto, ON M5J 2J1

As at April 30, 2021, the Eligible Institutional Investor on behalf of accounts fully managed by it, together  with  joint  actors, exercise  control  or  direction  over 3,333,000 Common  Sharesand 2,333,000 Warrants.  See  Item 3.4. Based  on  the  number  of  currently  issued  and  outstanding Common Shares (as reported by the Issuer), theEligible Institutional Investorexercise control or direction  over  approximately 10.43%of  the  issued  and  outstanding  Common  Shares,  assuming the exercise of the Warrants

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