SYS-CON MEDIA Authors: Greg Ness, Elizabeth White, Glenn Rossman, Pat Romanski, Cynthia Dunlop

News Feed Item

Metallis Announces Appointments of Advisory Council and Private Placement

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 04/01/14 -- Metallis Resources Inc. (TSX VENTURE: MTS) (the "Company" or "Metallis Resources") is pleased to announce the formation of an Advisory Council. The Company has appointed two distinguished individuals as the initial members of its Advisory Council, to provide strategic guidance and insight to assist the Company on the exploration of its Kirkham Property, located in the Golden Triangle in Northwestern British Columbia.

LAWRENCE ROULSTON

Mr. Roulston is a mining analyst and past mining company executive with more than 35 years of resource industry experience. Since 1998, he has been a mining analyst and consultant, as well as the editor of Resource Opportunities, an independent investment publication focused on the mining industry. Mr. Roulston holds a BSc in geology, and has additional training in engineering and business from the University of British Columbia. He began his mining career as an analyst with a major mining company, and then went on to management positions with mid-tier and junior resource companies, including the CEO role of an exploration company. He has had direct contact with hundreds of exploration and mining projects in 40 countries around the world. His experience includes managing the re-development of a mining operation in northwest BC and overseeing exploration projects in the Golden Triangle area of northwestern BC.

CHET IDZISZEK

Mr. Idziszek holds a Master of Applied Sciences degree from McGill University and has worked as an exploration geologist and exploration executive with numerous international mining companies for over 40 years. He has been recognized by his industry peers for his central role in the discovery and development of the Eskay Creek gold deposit in Canada, being designated "Mining Man of the Year" in 1990 and "Prospector of the Year" in 1994. He has also been recognized for his leadership of Adrian Resources Ltd. during its exploration and development of the Petaquilla copper-gold-silver-molybdenum deposits in Panama (First Quantum Minerals Ltd.'s Cobre Panama deposit). He was a director of Arequipa Resources Ltd. which discovered the Pierina gold deposit subsequently acquired by Barrick Gold Corp. in 1996 for Cdn $1.1 billion. Since 2005 his principal focus was Oromin Explorations Ltd. and its joint venture on the OJVG Gold Project in eastern Senegal. On October 4, 2013, Teranga Gold Corporation completed the acquisition of all the issued and outstanding shares of Oromin Explorations Ltd. by way of a takeover bid.

"We are honoured to have these distinguished gentlemen join us. Mr. Roulston's deep knowledge and extensive background in geology and Mr. Idziszek's expertise and success in the Golden Triangle will greatly assist Metallis in the exploration of its Kirkham Property which is just 20km southwest of the Eskay Creek mine," stated Fiore Aliperti, Metallis Resources, CEO and President.

Further, the Company also announces a non-brokered private placement consisting of up to 3,000,000 million shares at a price of $0.13 cents per share for gross proceeds of up to $390,000. There will be no warrants issued with this private placement. Any finder's and/or agent's fees will be paid in accordance with the policies of the TSX-V Exchange via cash and/or shares of the Company. Proceeds from this private placement will be used for the 2014 exploration program on the Kirkham Property in Northwestern British Columbia and for general working capital. The private placement is subject to TSX-V approval.

On behalf of the Board of Directors:

Fiore Aliperti

Chief Executive Officer, President and Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts:
Metallis Resources Inc.
www.metallisresources.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
The 4th International DevOps Summit, co-located with16th International Cloud Expo – being held June 9-11, 2015, at the Javits Center in New York City, NY – announces that its Call for Papers is now open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and ...
We live in a time when seconds – even milliseconds – can have a dramatic economic impact on your company’s future. With technology being the primary conduit for consumer interaction, the user experience is at center stage. User experience will be a deciding factor in separating the future winners from the losers. By building more speed and agility into the application delivery process, DevOps prom...
When an enterprise builds a hybrid IaaS cloud connecting its data center to one or more public clouds, security is often a major topic along with the other challenges involved. Security is closely intertwined with the networking choices made for the hybrid cloud. Traditional networking approaches for building a hybrid cloud try to kludge together the enterprise infrastructure with the public clou...
Ixia develops amazing products so its customers can connect the world. Ixia helps its customers provide an always-on user experience through fast, secure delivery of dynamic connected technologies and services. Through actionable insights that accelerate and secure application and service delivery, Ixia's customers benefit from faster time to market, optimized application performance and higher-qu...
SYS-CON Events announced today that Stratogent will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Stratogent is a custom managed services organization based in San Mateo, California. We design, implement, and support mission critical infrastructure 24x7 on premises, in datacenters and in t...
SYS-CON Events announced today that Grid Dynamics, the leading provider of scalable eCommerce technology solutions, will exhibit at DevOps Summit Silicon Valley, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Grid Dynamics is a leading provider of open, scalable, next-generation commerce technology solutions for Tier 1 retail. Grid Dynamics h...
SYS-CON Events announced today that Harbinger Systems will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Harbinger Systems is a global company providing software technology services. Since 1990, Harbinger has developed a strong customer base worldwide. Its customers include software product...
SYS-CON Events announces a new pavilion on the Cloud Expo floor where WebRTC converges with the Internet of Things. Pavilion will showcase WebRTC and the Internet of Things. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices--co...
The only place to be June 9-11 is Cloud Expo & @ThingsExpo 2015 East at the Javits Center in New York City. Join us there as delegates from all over the world come to listen to and engage with speakers & sponsors from the leading Cloud Computing, IoT & Big Data companies. Cloud Expo & @ThingsExpo are the leading events covering the booming market of Cloud Computing, IoT & Big Data for the enterp...
Docker offers a new, lightweight approach to application portability. Applications are shipped using a common container format and managed with a high-level API. Their processes run within isolated namespaces that abstract the operating environment independently of the distribution, versions, network setup, and other details of this environment. This "containerization" has often been nicknamed "th...