September 10th, 2015
Due to the lengthy process of getting GMI's Amended Permit approved,
MMR is renegotiating the January 29, 2015 Agreements with Dome
Mountain Resources of Canada Inc (DMR) whereby DMR will enter into
a Subscription and Shareholder's Agreement with GMt MMR, Grace
Mining Inc and two minority shareholders.
Regarding the shareholders approval at the September 25, 2015 AGM of
the sale of MMR properties, we wish to clarify that MMR is not
requesting approval of the disposition of any properties that would
require a Special Resolution. MMR owns 63% of GMI and GMI
owns 100% of the Dome Mountain Mine. Lloyd Minerals Inc owns 100%
of the Big Onion property and is a wholly owned subsidiary of MMR.
With market conditions being what they are it is important that MMR
stay on track within our business model to advance as expeditiously as
possible and " to prove up, market and sell properties" to maximize
shareholders' returns. Many thanks for your continued support.
About Metal Mountain Resources Inc.
Metal Mountain Resources Inc. is a mineral exploration company headquartered in Vancouver, British Columbia with a field office in Smithers, British Columbia. The Company is managed by an experienced team of professionals with over 250 years of experience and a solid track record of exploration and development success. The Company's main focus is the advancement of its two flagship properties. The Dome Mountain Mine (gold and silver) is owned by the Company's subsidiary Gavin Mines Inc. Metal Mountain holds a 63% interest in Gavin Mines Inc. The Big Onion Project (copper and molybdenum) is owned by the Company's wholly-owned subsidiary, Lloyd Minerals Inc. The Company's property holdings (totaling nearly 15,000 hectares) are all located within the Province of British Columbia.
Curtis Brazeau: 778-846-4907
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