Metanor Closes $8.85 Million Private Placement

VAL-D'OR, QUEBEC--(Marketwired - April 24, 2017) - Metanor Resources Inc. (the "Corporation") (TSX VENTURE:MTO) is pleased to announce the closing of the previously announced private placement in the amount of $8,849,500, which includes the participation of Kirkland Lake Gold Ltd. ("Kirkland Lake Gold") in the amount of $7,250,000 and the investment by funds managed by Wexford Capital LP ("Wexford"), of $1,312,500.