Metals Australia Ltd announced a private placement of 1,011,369,333 fully paid common shares at a price of AUD 0.0015 per share for gross proceeds of AUD 1,517,054 on September 23, 2021. The company will issue free attaching option on a 1 for 1 basis with an exercise price of AUD 0.003 per option expiring on December 31, 2023. The transaction is subject to approval from g shareholder approval at the next General or Annual General Meeting of the Company. The Company will issue 419,086,079 Shares pursuant to ASX LR 7.1A, and 592,283,254 pursuant to ASX LR 7.1.