Metallic Minerals to Attend 2019 PDAC Conference, Grants Stock Options
TSX VENTURE: MMG
VANCOUVER, British Columbia, Feb. 28, 2019 (GLOBE NEWSWIRE) -- Metallic Minerals Corp. (TSX-V: MMG; US OTC: MMNGF) (“Metallic Minerals” or the “Company”) announces that company representatives will be attending the Prospectors & Developers Association of Canada (PDAC) International Convention to be held at the Metro Toronto Convention Centre in Toronto, Canada from Sunday March 3rd to Wednesday March 6th. Metallic Minerals will be exhibiting in the Investors Exchange throughout the conference at booth #3018 as a member of the Metallic Group of Companies. The PDAC Convention is the most-attended event for the world's mineral exploration and mining sector and promotes a globally responsible and sustainable minerals industry.
Metallic Minerals also announces that it has granted 2,500,000 incentive stock options (the “Options”) to directors, officers, employees and consultants of the Company. The Options are exercisable for up to five years, expiring on February 28, 2024, and each Option will allow the holder to purchase one common share of the Company at a price of $0.18 per share based on the closing price of the previous trading day. The Options are subject to certain vesting requirements in accordance with the Company’s Long-Term Performance Incentive Plan.
About Metallic Minerals Corp.
Metallic Minerals Corp. is a growth stage exploration company, focused on the acquisition & development of high-grade silver and gold in under-explored districts of mining-friendly jurisdictions proven to produce top-tier assets. Our objective is to create value through a systematic, entrepreneurial approach to exploration. The Company’s core Keno Silver project is located in the historic Keno Hill silver district of Canada's Yukon Territory, with over 300 million ounces of high-grade silver in past production and current resources, and excellent existing infrastructure, including grid power, highway & road access. Metallic Minerals is led by a team with a track record of discovery and exploration success, including large scale development, permitting and project financing.
About the Metallic Group of Companies
The Metallic Group is a collaboration of leading precious and base metals exploration companies, with a portfolio of large, brownfields assets in established mining districts adjacent to some of the industry’s highest-grade producers of platinum & palladium, silver and copper. Member companies include Group Ten Metals (TSX-V: PGE) in the Stillwater PGM-Ni-Cu district of Montana, Metallic Minerals (TSX-V: MMG) in the Yukon’s Keno Hill silver district, and Granite Creek Copper (TSX-V: GCX) in the Yukon’s Carmacks copper district. The founders and team members of the Metallic Group include highly successful explorationists formerly with some of the industry’s leading explorer/developers and major producers and are undertaking a systematic approach to exploration using new models and technologies to facilitate discoveries in these proven historic mining districts. The Metallic Group is headquartered in Vancouver, BC, Canada and its member companies are listed on the Toronto Venture, US OTC, and Frankfurt stock exchanges.
FOR FURTHER INFORMATION, PLEASE CONTACT:
Toll Free: 1-888-570-4420
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.