FMM Full Metal Minerals Ltd

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

Full Metal Minerals Ltd. (TSX VENTURE:FMM) (the "Company") announces a
non-brokered private placement, subject to regulatory approval, of up to
11,200,000 units at a price of $0.18 per unit.


Each unit will consist of one common share and one-half of one transferable
share purchase warrant. Each whole warrant will entitle the holder to acquire
one additional common share exercisable for a period of two years following the
closing of the private placement at a price of $0.25 per common share.


A finder's fee of 6% of the gross proceeds may be payable in cash or shares on a
portion of the financing. The net proceeds from the financing will be used for
exploration expenses on the Company's projects and for general working capital.


Full Metal is a generative exploration company with multiple precious and base
metal projects in Alaska and the Yukon. Work during 2010 will include drilling
programs at the 100%-owned Fortymile zinc-silver-lead Property, underground
development with Harmony Gold at the Lucky Shot Property, as well as additional
surface work and drilling programs at several of Full Metal's Properties funded
by Joint Venture Partners.


ON BEHALF OF THE BOARD OF DIRECTORS

Michael Williams, President and Director

Full Metal Minerals (TSXV:FMM)
Historical Stock Chart
From Jun 2024 to Jul 2024

Full Metal Minerals (TSXV:FMM)
Historical Stock Chart
From Jul 2023 to Jul 2024