Metallum Resources Inc. is currently undergoing a business combination Reverse Takeover (RTO) Transaction with a private company, Solfotara Mining Corp.  This Transaction was first announced on February 28, 2009. Metallum anticipates closing the Transaction sometime in June, 2010.  At that time, and subject to final Exchange acceptance, trading would resume in the Company’s shares.  The post-RTO public company will be known as “Solfotara Mining Corp.” Solfotara is a privately owned British Columbia company that has, through a number of foreign subsidiary companies, an interest in five exploration properties in the Philippines, being Basay, Biliran, Tawi-Tawi, Kilong-Olao and St. Anthony, all as described in more detail in Metallum’s February 28, 2009 News Release and information circular prepared in connection with its January 26, 2010 shareholder’s meeting.  

Also, on November 30, 2009 Metallum announced the sale of its 92.5% undivided legal and beneficial interest in its ‘Chester Property’ in Chester Township, Ontario to Trelawney Mining and Exploration Inc. for 5,000,000 common shares of Trelawney and a 1%  (one percent) net smelter return royalty from production to be granted to Metallum at such time as the price of gold exceeds USD $1,000 per troy ounce. Therefore, all references to Metallum’s ‘Chester Property’ on this web site, including text, photographs, and any other related reports and presentation material should be disregarded. Thank you.