March 25 (Reuters) - Metallica Minerals Ltd MLM.AX :
* RENONOUNCEABLE RIGHTS ISSUE TO RAISE UP TO $4.9 MILLION
* ANNOUNCE FULLY UNDERWRITTEN 1 FOR 2 RENOUNCEABLE RIGHTS ISSUE TO RAISE UPTO $4.9 MILLION TO ADVANCE CAPE FLATTERY SILICA SAND PROJECT
* RIGHTS ISSUE PRICED AT 3.0 CENTS PER SHARE