Metallum Resources Enters Into Arrangement Agreement With OneUp Games - Seite 2

Financings

Further to Metallum's press release of June 8, 2015, Holdco expects to complete a non-brokered financing of US$2.5 million of units issued at US$0.20 per unit (prior to giving effect to the proposed Metallum consolidation and the exchange ratio under the Arrangement). Each unit will be comprised of one common share and one-half of one warrant, with each full warrant exercisable into a common share at an exercise price of US$0.24 per share for a period of 2 years.

The subscription receipt financing described in the June 8, 2015 press release is expected to be completed in August 2015.

About OneUp Sports

OneUp Sports innovative mobile sports platform currently serves a rapidly expanding base of over 30 million users, benefitting from a trend of significant revenue growth. The OneUp Sports platform offers sports fans live-action mobile applications (apps) and services for leagues, professional and college teams, and popular sports media partners. The platform offers fan engagement features that include social and fantasy gaming, live content, in-stadium experiences, messaging/chat, proprietary ticketing and various other revenue generating features. The platform includes an integrated media and sponsorship offering delivering maximum value to global brands and partners. OneUp Sports has launched some of the industry's most popular sports apps including: NFL & MLB Connect, two of the leading professional league second screen-screen applications which allow fans and friends to compete with each other based on real live events that happen during games; the Toronto Maple Leafs Mobile app that connects its fan base on mobile devices; and Washington Redskins, the official app of Washington, D.C based Redskins fans. The company provides applications and services to a growing number of pro and college organizations including the L.A. Lakers, the L.A. Clippers, the Toronto Raptors, Tottenham HotSpur, FCBarcelona and the PGA Tour. OneUp Sports' apps are used on various devices in North America and internationally. OneUp Sports was incorporated in 2010 and is based in Palm Beach Gardens, Florida with locations in the United Kingdom; New York, New York; and Washington, D.C.