Metallica Metals Closes Private Placement
METALLICA METALS CLOSES PRIVATE PLACEMENT
Vancouver, British Columbia – July 8, 2021 – Metallica Metals Corp. (CSE: MM) (OTC: MTALF) (FWB:
SY7P) (the “ Company” or “ Metallica Metals”) announces that it has closed a non -brokered private
placement (the “Private Placement”) of 3,266,666 units of the Company (the “Units”) at a price of $0.30
per Unit for gross proceeds of $ 980,000. Each Unit consists of one (1) common share of the Company
(a “Common Share”) and one transferable Common Share purchase warrant (each a “Warrant”). Each
Warrant entitles the holder thereof to purchase one (1) additional Common Share for a period of two
(2) years from closing at a price of $0.60 per Common Share.
The Company intends to use the net proceeds from the Private Placement for general ongoing working
capital and corporate purposes.
No f inder’s fees have been paid in connection with the Private Placemen t. All securities issued are
subject to a statutory four month and one day hold period that will expire on November 9, 2021.
On behalf of the Board of Directors
METALLICA METALS CORP.
Paul Ténière, M.Sc., P.Geo.
CEO and Director
Head Office:
Suite 810 – 789 West Pender Street
Vancouver, BC V6C 1H2
Ph: (604) 687-2038
Toronto Office:
Suite 401 – 217 Queen Street West
Toronto, ON M5V 0R2
For more information, please visit the Company’s website at https://metallica-metals.com
Forward-looking Information Statement
This news release contains certain “forward- looking information” within the meaning of applicable
securities law. Forward- looking information is frequently characterized by words such as “plan”,
“expect”, “project”, “intend”, “believe”, “anticipate”, “estimate” and other similar words, or statements
that certain events or conditions “may” or “will” occur. In particular, forward-looking information in this
press release includes, but is not limited to, statements with respect to the Company’s proposed
acquisition, exploration program and the expectations for the mining industry. Although we believe that
the expectations reflected in the forward-looking information are reasonable, there can be no assurance
that such expectations will prove to be correct. We cannot guarantee future results, performance or
achievements. Consequently, there is no representation that the actual results achieved will be the
same, in whole or in part, as those set out in the forward-looking information.
Forward-looking information is based on the opinions and estimates of management at the date the
statements are made, and are subject to a variety of risks and uncertainties and other factors that could
cause actual events or results to differ materially from those anticipated in the forward-looking
information. Some of the risks and other factors that could cause the results to differ materially from
those expressed in the forward -looking information include, but are not limited to: general economic
conditions in Canada and globally; industry conditions, including governmental regulation and
environmental regulation; failure to obtain industry partner and other third party consents and
approvals, if and when required; the availability of capital on acceptable terms; the need to obtain
required approvals from regulatory authorities; stock market volatility; liabilities inherent in water
disposal facility operations; competition for, among other things, skilled personnel and supplies;
incorrect assessments of the value of acquisitions; geological, technical, processing and transportation
problems; changes in tax laws and incentive programs; failure to realize the anticipated benefits of
acquisitions and dispositions; and the other factors. Readers are cautioned that this list of risk fact ors
should not be construed as exhaustive.
The forward-looking information contained in this news release is expressly qualified by this cautionary
statement. We undertake no duty to update any of the forward- looking information to conform such
information to actual results or to changes in our expectations except as otherwise required by
applicable securities legislation. Readers are cautioned not to place undue reliance on forward-looking
information.
Neither the Canadian Securities Exchange nor its R egulation Services Provider (as that term is defined
in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy
of this release.