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METALLIS ANNOUNCES UPSIZE OF NON-BROKERED PRIVATE PLACEMENT

Newswire.ca - Wed Feb 25, 7:00AM CST

VANCOUVER, BC, Feb. 25, 2026 /CNW/ - Metallis Resources Inc. (TSX-V: MTS; OTCQB: MTLFF) ("Metallis" or the "Company") is pleased to announce that due to strong investor demand, the Company has increased the size of its previously announced non-brokered private placement. The upsized offering (the "Financing") will be for a total of $1.25 million consisting of up to 4.6875 million non-flow-through units at a price of $0.16 per unit for proceeds of up to $750,000, and up to 2.5 million flow-through shares at a price of $0.20 per share for proceeds of up to $500,000.

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