VANCOUVER, B.C., Oct. 02, 2017 (GLOBE NEWSWIRE) — Metallis Resources Inc. (TSX-V:MTS) (the “Company” or “Metallis Resources”) is pleased to announce that it has arranged a non-brokered private placement with 2176423 Ontario Ltd., a corporation beneficially owned by Eric Sprott raising gross proceeds of up to $2,200,000. The financing is expected to close shortly.