Metallic Minerals Corp. agreed to acquire 21 additional claims on Keno Hill and 8.7 square kilometers on east side of Keno-Lightning Property from Strategic Metals Ltd. for CAD 0.09 million.
The shares will be subject to a four month hold period following issuance. In a related transaction, Metallic Minerals Corp. (TSXV:MMG) agreed to acquire Silver Queen properties from an arm's length, private party on January 4, 2016. The deal is subject to approval by the TSX Venture Exchange and other customary conditions. TSX Venture Exchange has accepted for filing for the transaction. The deal is expected to close on February 15, 2017.