Halifax, Nova Scotia--(Newsfile Corp. - October 28, 2016) - Metalo Manufacturing Inc. (CSE: MMI) (formerly Muskrat Minerals
Incorporated) announced today that it has filed its audited consolidated financial statements and management discussion and
analysis for the financial year ended June 30, 2016.
The Corporation is also pleased to announce and welcome Kevin Kemper as Vice President of Business Development. Kevin has been
the Vice-President of Grand River Ironsands Incorporated, a partially owned subsidiary of the Corporation, for over 5 years and
will bring his leadership and business development expertise to introduce new business opportunities to the Corporation.
Additional information is available under the Corporation's profile on SEDAR at www.sedar.com and on its website at www.metalo.ca.
ABOUT METALO MANUFACTURING INC. (CSE: MMI)
Metalo's principal focus is an investment in the development and construction of a pig iron manufacturing plant to produce high
purity pig iron for steel mills and foundries. MMI is a 44% shareholder of Grand River Ironsands Incorporated ("GRI"). GRI owns a
60% interest in North Atlantic Iron Corporation ("NAIC"). NAIC's business emphasis is to build the plant for the manufacturing of
pig iron. NAIC also owns mining rights for a resource in Happy Valley-Goose Bay, Newfoundland and Labrador. Additionally, Forks
Specialty Metals Inc. ("FSM") is a wholly- owned subsidiary of GRI and it owns and operates three smelting furnaces in
Pennsylvania, USA. FSM is currently used as a testing facility for iron smelting. The Corporation has 17,332,557 issued and
outstanding common shares.
Neither CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility
for the adequacy or accuracy of this release.
The Corporation seeks Safe Harbour.
For additional information contact:
Liz MacKenzie, Corporate Communications
(902) 233-7255
info@metalo.ca
(NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION VIA U.S. NEWSWIRE)
