HALIFAX, March 9, 2015 /CNW/ - Mr. Wade Dawe, of Halifax, NS, announces the acquisition of common shares of Metallum Resources Inc. ("Metallum") (MRV: TSX-V). On March 9, 2015, Brigus Capital Inc., a company owned by Mr. Dawe, acquired 3,000,000 common shares of Metallum via acquisitions on the open market at a price of $0.085 per share.
As a result of the acquisitions, Mr. Dawe and entities he owns hold 10,560,000 common shares of Metallum, representing 14.88% of the 70,945,009 issued and outstanding shares of Metallum as at March 9, 2015.
The common shares of Metallum were acquired for investment purposes. Mr. Dawe may increase or decrease his investment in Metallum depending upon future market conditions or any other relevant factor.
This news release is being issued as required by National Instrument 62103 – The Early Warning System and Related TakeOver Bid and Insider Reporting Issues in connection with the filing of an Early Warning Report dated March 9, 2015. The Early Warning Report respecting this acquisition has been filed on the System for Electronic Document Analysis and Review ("SEDAR").
For further information, please contact:
Mr. Wade Dawe
(signed) "Wade Dawe"
2001-1969 Upper Water Street,
Halifax, NS B3J 3R7
SOURCE Brigus Capital Inc.
For further information: Mr. Wade Dawe, (902) 491-4280