Investors Seek Big Gains From Explorer With High-Grade Copper, Silver

1. Metallic Minerals Corp. is a billboard sponsor of Streetwise Reports and pays SWR a monthly sponsorship fee between US$4,000 and US$5,000. In addition, Metallic Minerals Corp. has a consulting relationship with Street Smart an affiliate of Streetwise Reports. Street Smart Clients pay a monthly consulting fee between US$8,000 and US$20,000.
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Metallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCQB) announced the closing of its flow-through share offering, consisting of 4,800,000 common shares priced at CA$0.27 per share, generating gross proceeds of approximately CA$1.3 million.

In an August 26 release, the company said the offering follows previously closed brokered and non-brokered offerings on July 30, 2025, and August 25, 2025, bringing the total gross proceeds to CA$8 million.

"We are excited to have completed these financings totaling CA$8 million with strong participation from our existing shareholders and strategic investors, including Newmont Corp. (NEM:NYSE), and many new investors whom we welcome to our register," Chairman and Chief Executive Officer Greg Johnson said. "The full participation of our board and management underscores our collective confidence in the company’s path forward. This funding provides the capital to advance our cornerstone La Plata copper-silver-gold-PGE project and Keno Silver project at a time of strengthening fundamentals and strategic importance of these critical metals, while continuing to build out production on our gold royalty portfolio."

Johnson continued, "With gold, silver and copper at or near record levels, and large-cap producers trading at multi-year highs, we see an exceptional opportunity for venture-stage companies such as Metallic Minerals to deliver outsized returns and compelling leverage to the emerging bull market in U.S. and Canadian critical minerals."

The funds from the flow-through offering are earmarked for eligible Canadian Exploration Expenses, as defined by the Income Tax Act of Canada, at the Company’s high-grade Keno Silver project, located next to Hecla Mining Co.'s (HL:NYSE) Keno Hill Silver operations, and the Klondike Gold Alluvial Royalty portfolio in Canada’s Yukon Territory, the company said.

The flow-through shares will be subject to a holding period of four months and one day from the date of issuance.

Finders' fees of CA$48,000 were paid to Cormark Securities Inc. and Canaccord Genuity Corp. on a portion of the Flow-Through Offering. The offering is still subject to final acceptance by the TSX-V.

Metallic also announced that its management team will be presenting at several international events in the months ahead, including the Precious Metals Summit at Beaver Creek, Colorado, September 9-12; the Precious Metals Summit at Zurich, Switzerland, November 10-11; AEMA’s Annual Meeting at Sparks, Nevada, December 7-12; PDAC 2026 in Toronto, Ontario, March 1-4, 2026; and the Swiss Mining Institute Conference in Zurich, Switzerland, March 18-19, 2026.

Expert: Undervalued, Poised for Growth

In a piece dated July 30, Bob Moriarty of 321gold.com mentioned his intention to participate in the placement.

"The company boasts a diverse portfolio including a copper, gold, and silver project in Colorado," Moriarty stated. "President Trump has emphasized the need for America to return to mining as a means of generating wealth. With copper prices at historic highs, MMG's La Plata project, featuring a 43-101 resource of 147 million tonnes at 0.41% Cu Eq (copper equivalent), is well-positioned."

With silver prices on the rise and predictions of reaching new highs, Metallic's Keno Hill silver project in the Yukon is timely, according to Moriarty. The company owns a 171-square-kilometer property adjacent to Hecla Mining Co.'s (HL:NYSE) silver operations, with a 43-101 resource of 18.2 million ounces of silver equivalent (Moz Ag Eq) at 223 g/t (grams per tonne) Ag Eq.

The property includes eight historic silver mines, five of which have produced silver at grades exceeding 5,000 g/t in the past. The recent cash infusion is expected to bring Metallic back into the spotlight, with upcoming drilling results from La Plata and extensive exploration activities at Keno Hill, Moriarty noted.

With the company valued at approximately CA$42 million and led by a highly regarded industry figure, Moriarty said the company is undervalued and poised for growth. "The federal government is beginning to invest in resource companies, and both commodities, copper and silver, are scarce," he wrote.

On July 1, John Newell of Newell & Associates commented that Metallic Minerals "is shaping up as a serious copper-silver-gold exploration story, backed by some of the smartest money in the business."

He continued, "The company's flagship La Plata Project in southwest Colorado is drawing comparisons to world-class porphyry systems like Cadia (a Newmont project in Australia)."

The extensive scale of the alteration system, spanning over 25 square kilometers and featuring several unexplored targets, including zones akin to Ridgeway that could contain significantly higher grades, is particularly notable. With all necessary permits secured and the benefit of Newmont's technical expertise on-site, 2025 is poised to be a transformative year for the project, Newell said.

The Catalyst: Digital, Clean Energy Revolutions Stress Grid

Copper demand is increasing more rapidly than the industry had expected, fueled by billions of dollars being invested globally to modernize and expand power grids for the digital and clean energy revolutions, both of which require vast amounts of electricity, Pratima Desai and Ashitha Shivaprasad reported for Reuters in a July 13 article.

Meanwhile, supply from major producers like Chile and the Democratic Republic of Congo is limited due to insufficient investment in new mines, paving the way for a prolonged period of high prices, they reported.

Some analysts forecast that copper prices could reach record levels above US$12,000 per ton before the decade's end, a 23% rise from the current price of around US$9,700 per ton. While consumers are exploring alternatives, copper's unmatched conductivity, durability, and versatility make it difficult to replace.

Investment in grid infrastructure alone is projected to exceed US$400 billion this year, having already set a record high of US$390 billion in 2024, according to the International Energy Agency, the article said.

"Copper is often a massively underestimated part of grid infrastructure. People recognize the need to expand the grid but often misjudge the sheer volume of copper this will require," Michael Finch, head of strategic initiatives at consultancy Benchmark Mineral Intelligence (BMI), told Reuters.

Bank of America analyst Michael Widmer expects global copper demand to grow by 10% to 30.32 million tons by 2030 from this year, the article noted. Widmer predicts the global copper market deficit will reach 1.84 million tons in 2030.

With both gold and silver, investors closely monitored concerns over the Federal Reserve's independence following political scrutiny of its governors, Arslan Ali reported for FX Empire on August 27.

"Analysts note that any perceived erosion of central bank autonomy could reinforce investor appetite for precious metals as a hedge against policy instability," he said.

Silver followed "a similar path" to gold, he said, "consolidating after recent gains but holding support from its dual role as both a safe-haven and an industrial metal. Demand tied to electronics, solar, and energy storage sectors continues to provide an additional layer of resilience for the metal."

Ownership and Share Structure

According to Metallic Minerals' Investor Presentation, ownership of the company breaks down this way: management and associates own 15%, Newmont Corp. holds 9.5%, Eric Sprott has 10.5% and high net worth individuals own 15%.

Institutional ownership totals 20%. The remainder, 30%, is in retail.

As of August 27, the Canadian explorer has 204.42 million issued and outstanding shares. Its market cap is CA$43.88 million. Refinitiv reports Metallic Mineral's 52-week range is CA$0.13–0.31 per share.