Announcement • Feb 13
Metal Energy Corp. Announces CEO Changes Metal Energy Corp. announced the appointment of geologist Charlie Greig as CEO in a management change that reflects a corporate strategy focused on creating value from
BC's Toodoggone Region. Charlie Greig brings a distinguished four-decade career in exploration geology, including a key role as VP Exploration in the discoveries of GT Gold's Saddle North Cu-Au porphyry and the Saddle South high-grade gold-silver system, sold to Newmont in 2021 for $400 million. His extensive track record includes work, principally geologic mapping, on producing and advanced-stage projects such as Brucejack (Pretium-Newmont), Bisha (Nevsun Resources), La India (Grayd Minerals-Agnico Eagle), \and Alamo Dorado (Corner Bay-Pan American Silver), but also includes work in a wide range of roles across the spectrum of hard rock exploration and. Currently, Charlie serves as lead technical advisor for American Eagle Gold's on its NAK copper-gold porphyry project near Smithers, British Columbia, which is being explored in partnership with Teck Resources and South32. Charlie also serves as Executive Chairman of Evergold, a Toodoggone, BC-focused gold-silver exploration company. Metal Energy and its team sincerely thanks former CEO James Sykes for his leadership, contributions and continued support during this management transition. Announcement • Dec 18
Metal Energy Corp. announced that it has received CAD 9.27532 million in funding from Centerra Gold Inc., Teck Resources Limited On December 17, 2025, Metal Energy Corp. closed the transaction. The company issued 8,884,000 flow-through common shares at an issue price of CAD 0.729 for gross proceeds of CAD 6,485,320 and 6,200,000 common shares at an issue price of CAD 0.45 for gross proceeds of CAD 2,790,000 for aggregate proceeds of CAD 9,266,436. The transaction included participation from new investors Centerra Gold Inc. , Teck Resources Limited for an equity stake of 9.9%. Announcement • Jul 30
Metal Energy Corp., Annual General Meeting, Sep 17, 2025 Metal Energy Corp., Annual General Meeting, Sep 17, 2025. Announcement • Dec 21
Metal Energy Corp. announced that it has received CAD 1 million in funding from Orecap Invest Corp. On December 19, 2024, Metal Energy Corp. closed the transaction. The non-brokered Offering consisted of the sale of 8,800,000 flow-through units of the Company at a price of CAD 0.05 per FT Unit for gross proceeds of CAD 440,000 and 14,000,000 units, at a price of CAD 0.04 per Unit, for gross proceeds of CAD 560,000 for the aggregate gross proceeds of up to CAD 1,000,000. Each FT Unit consists of one flow-through common share in the capital of the Company and one half of one common share purchase warrant. Each whole FT Warrant is exercisable to acquire one common share in the capital of the Company at an exercise price of CAD 0.10 per FT Warrant Share for a period of 24 months from the closing of the Offering. Each Unit will be comprised of one common share in the capital of the Company and one-half of one Common Share purchase warrant. Each Warrant is exercisable to acquire one Common Share in the capital of the Company at an exercise price of CAD 0.08 per Warrant Share for a period of 24 months from the closing of the Offering. Finders' fees of CAD 12,200 cash and 268,000 finders' warrants were payable to arm's length finders in regard to the Offering. Under applicable securities laws in Canada, all securities issued in connection with the Offering are subject to a four-month and one-day hold period from the date of closing of the Offering. Announcement • Nov 08
Metal Energy Corp. (TSXV:MERG) completed the acquisition of Highland Valley Project Located in Southern British Columbia from Happy Creek Minerals Ltd. (TSXV:HPY). Metal Energy Corp. (TSXV:MERG) agreed to acquire Highland Valley Project Located in Southern British Columbia from Happy Creek Minerals Ltd. (TSXV:HPY) for CAD 6.3 million on October 2, 2024. A cash consideration of CAD 0.3 million will be paid by Metal Energy Corp. The consideration also includes an earnout of CAD 6 million. Closing of the Transaction is subject to TSX.V approval. The transaction is expected to close in mid to late October, 2024.
Metal Energy Corp. (TSXV:MERG) completed the acquisition of Highland Valley Project Located in Southern British Columbia from Happy Creek Minerals Ltd. (TSXV:HPY) on November 7, 2024. Happy Creek CEO, Jason Bahnsen, to be appointed as a non-executive Director of Metal Energy at the next AGM. Happy Creek has received the equity consideration payment of 11,736,100 common shares in the capital of Metal Energy equivalent to 9.9% of the issued capital of Metal Energy. Announcement • Apr 20
Metal Energy Corp., Annual General Meeting, Jun 27, 2024 Metal Energy Corp., Annual General Meeting, Jun 27, 2024. Announcement • Jan 18
Metal Energy Corp. Starts Drilling At Sourcerock Lithium Brine Project Metal Energy Corp. announced that the planned diamond drill and brine testing program has started at the SourceRock lithium brine project near Thunder Bay, Ontario. The drill program has been planned for one initial drill hole down to 700 metres to assess the brine and rock characteristics using a suite of downhole geophysical surveys to qualify the brine system within the sedimentary rocks. Water sampling and other tests will then be performed to determine fluid constituents and water flow parameters. Pending the initial drill hole results, the Company is funded for an additional one to two drill holes on the Project. Announcement • Jan 05
Metal Energy Corp. Receives $200,000 from the Ontario Junior Exploration Program to Advance Sourcerock Metal Energy Corp. announce that it has been selected to receive up to $200,000 from the Ontario Junior Exploration Program ("OJEP") to further advance its exploration efforts at the SourceRock lithium brine project near Thunder Bay, Ontario. SourceRock Exploration Plans: SourceRock is a drill-ready project with an exploration permit from the Ontario Ministry of Mines for up to 20 drill pads. Historic drilling and geophysical data have identified saline brine drill targets on the Project, however, the brines have never been tested for lithium or other elements. The Company remains engaged with local Indigenous groups, communities, and stakeholders, and anticipates a drill program to commence shortly in January. Announcement • Dec 20
Metal Energy Corp. announced that it has received CAD 0.64 million in funding On December 20, 2023, Metal Energy Corp., closed the transaction. The company issued 12,800,000 flow-through units at a price of CAD 0.05 per unit for the gross proceeds of CAD 640,000. The transaction included participation from James Sykes, company's CEO, and Stephen Stewart, Chairman of company both for a total of 400,000 units. As a part of the transaction, the company paid a finder fee of CAD 43,400 in cash and 854,000 finders warrants were payable to arms length finders in regards to this private placement. Announcement • Dec 13
Metal Energy Corp. announced that it expects to receive CAD 0.63 million in funding Metal Energy Corp announces non-brokered private placement of 12,600,000 flow-through units of the Company at a price of CAD 0.05 per FT Unit for gross proceeds of CAD 630,000 on December 11, 2023. . Each FT Unit will be comprised of one common share in the capital of the Company (a "FT Common Share") and one half of one Common Share purchase warrant ("FT Warrant").Each FT Warrant is exercisable to acquire one Common Share (a "FT Warrant Share") at an exercise price of CAD 0.10 per FT Warrant Share for a period of 36 months from the closing of the Offering. The transaction is expected to close on or around December 18, 2023 and is subject to certain conditions including, but not limited to, receipt of all necessary approvals including the approval of the TSX Venture Exchange. Announcement • Jul 07
Metal Energy Corp., Annual General Meeting, Sep 14, 2023 Metal Energy Corp., Annual General Meeting, Sep 14, 2023. Announcement • May 20
Metal Energy Corp., Annual General Meeting, Aug 10, 2023 Metal Energy Corp., Annual General Meeting, Aug 10, 2023. Announcement • Feb 15
Metal Energy Continues Drilling Broad High- Grade Nickel Intersections Including 68.55 M of 0.82% Nieq At Manibridge Project Metal Energy Corp. announced assay results from four drill holes on the same section of the Phase Two drill program on the high-grade nickel and copper-cobalt Manibridge project (the "Project" or "Manibridge") in the Thompson Nickel Belt, Manitoba. Phase Two's 10,000 m drill program was completed in December 2022, with five additional drill hole assay results still pending. A total of 10,091 metres were completed over 36 diamond drill holes, including 6 abandoned drill holes, with all completed drill holes intersecting visible nickel sulphides. The drill hole collar locations were all within 150 to 600 metres of the old mine workings. The drill holes targeted the shallower parts of the Manibridge nickel sulphide system at depths between 100 and 400 metres from surface. Assay results for drill holes MNB036 to MNB040A are still pending and will be reported after the data has been received, reviewed, and approved. Metal Energy is the operator and owns 85% of the Project with Mistango River Resources Inc., an Ore Group company, owning the remaining 15%. Drill core samples were shipped to the Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Saskatchewan, in secure containment for preparation, processing, and whole rock and multi-element analysis by ICP-MS2 using total 4-acid digestion (HF:NHO3:HCl:HClO4). Assay samples comprise 0.2 to 1.5 m continuous samples of cut-core samples over nickel-sulphide mineralized intervals determined with a handheld XRF. Point samples comprise an isolated 0.1 to 0.5 m sample to characterize the rock types, alteration, structure, and potential for mineralization. The SRC is an ISO/IEC 17025/2005 and Standards Council of Canada certified analytical laboratory. Blanks, standard reference materials, and quartered core repeats were inserted into the sample stream at regular intervals by Metal Energy and the SRC in accordance with Metal Energy's quality assurance and quality control (QA/QC) procedures. Geochemical assay data are subject to verification procedures by qualified persons employed by Metal Energy prior to disclosure. Announcement • Jan 24
Metal Energy Corp. Drills Three Holes with Broad Nickel Intersections Including 85.3 m of 0.67% NiEq At Manibridge Project Metal Energy Corp. announced assay results from three drill holes on the same section of the Phase Two drill program on the high-grade nickel and copper-cobalt Manibridge project (the "Project" or "Manibridge") in the Thompson Nickel Belt, Manitoba. Phase Two's 10,000 metres drill program was completed in December 2022, with nine additional drill hole assay results still pending. A total of 10,091 metres were completed over 36 diamond drill holes, including 6 abandoned drill holes, with all completed drill holes having intersected visible nickel sulphides. The drill hole collar locations were all within 150 to 600 metres of the old mine workings. The drill holes targeted the shallower parts of the Manibridge nickel sulphide system at depths between 100 and 400 metres from surface. Assay results for drill holes MNB032 to MNB040A are still pending and will be reported after the data has been received, reviewed, and approved. The Company is preparing a detailed video to put the results received to date into context. Metal Energy is the operator and owns 85% of the Project with Mistango River Resources Inc., an Ore Group company, owning the remaining 15%. Manibridge encompasses 4,368 hectares within the world-class Thompson Nickel Belt. The Project is 20 kilometers southwest of Wabowden, which has significant infrastructure and capacity that has supported previous exploration programs and mine development, including year-round highway access via Highway 6. Announcement • Jan 12
Metal Energy Corp. Reports 5 Drill Holes Intersecting Shallow High-Grade Nickel Mineralization At Manibridge Project Metal Energy Corp. announced assay results from five drill holes of the Phase Two drill program on the high-grade nickel and copper-cobalt Manibridge project in the Thompson Nickel Belt, Manitoba. Phase Two's 10,000 metres drill program was just completed in December 2022. Drill holes MNB026 and MNB028A intersected thick accumulations of composite mineralization defined over 85 metres and 120 metres drill hole lengths with 63% and 46% of those intervals being mineralized, respectively. The ultramafic/mafic host rocks are typically 50 to 150 m thick with an average 30% of those intervals enriched with nickel sulphide mineralization. The assay results released to date highlight that mineralization is continuous over 170 metres along strike and between 100 to 200 m in the dip direction. Mineralization occurs as disseminations, net-textured, brecciated, remobilized in foliations and shears, and vein-hosted within the mafic to ultramafic host rocks. Mineralization defined in the Program is shallow with true vertical depth to mineralization ranging from 120 m to 300 m beneath the surface, average depth of 195 m. These results demonstrate the shallow nature of potential near-surface development. Drill hole MNB022 was re-sampled based on encouraging spot sample results. The intervals from 187.5 to 189.5 m and 194.5 to 196.5 m are the re-sampled intervals with assay results exceeding 0.3% Ni over 0.5 m of continuous mineralization. All other spot sample results after re-sampling in larger intervals were below the Company's reporting cutoffs. Assay results for drill holes MNB029 to MNB040A are still pending and will be reported after the data has been received, reviewed, and approved. The Company is preparing a detailed video to put the results received to date into context and what they mean with respect to global nickel deposits. A total of 10,091.6 metres were completed over 36 diamond drill holes, including 6 abandoned drill holes, with all completed drill holes having intersected visible nickel sulphides. The drill hole collar locations were all within 150 to 600 metres of the old mine workings. The drill holes targeted the shallower parts of the Manibridge nickel sulphide system at depths between 100 and 400 metres from surface. Metal Energy is the operator and owns 85% of the Project with Mistango River Resources Inc., an Ore Group company, owning the remaining 15%. Drill core samples were shipped to the Saskatchewan Research Council Geoanalytical Laboratories (SRC) in Saskatoon, Saskatchewan, in secure containment for preparation, processing, and whole rock and multi-element analysis by ICP-MS2 using total 4-acid digestion (HF:NHO3:HCl:HClO4). Assay samples comprise 0.2 to 1.5 m continuous samples of cut-core samples over nickel-sulphide mineralized intervals determined with a handheld XRF. Point samples comprise an isolated 0.10 to 0.5 m sample to characterize the rock types, alteration, structure, and potential for mineralization. The SRC is an ISO/IEC 17025/2005 and Standards Council of Canada certified analytical laboratory. Blanks, standard reference materials, and quartered core repeats were inserted into the sample stream at regular intervals by Metal Energy and the SRC in accordance with Metal Energy's quality assurance and quality control (QA/QC) procedures. Geochemical assay data are subject to verification procedures by qualified persons employed by Metal Energy prior to disclosure. All reported depths and intervals are drill hole depths and intervals, unless otherwise noted, and do not represent true thicknesses, which have yet to be determined. Announcement • Jan 05
Metal Energy Completes 10,000 Metre Drill Program Metal Energy Corp. announced the acquisition of 100% interest in the Manibridge project ("Manibridge" or the "Project") concurrently with the completion of the Phase Two 10,000 metre drill program (the "Program"). All completed drill holes intersected visible nickel sulphides. The Company has released assays from 14 of 30 holes, with 16 holes to be released in early 2023. A total of 10,091.6 metres were completed over 36 diamond drill holes, including 6 abandoned drill holes, with all completed drill holes having intersected visible nickel sulphides. The drill hole collar locations were all within 150 to 600 metres of the old mine workings. The drill holes targeted the shallower parts of the Manibridge nickel sulphide system at depths between 200 and 400 metres. Assay results have been released for drill holes MNB007 to MNB023. Highlight assay results from the first eleven drill holes include 0.84% Ni eq. over 20.0 metres starting at 268.5 m drill hole depth in MNB014. Assay results for drill holes MNB024 to MNB040A are still pending, and the Company has sampled a few new intervals from drill hole MNB022 based on encouraging spot sample results (i.e., 0.1 m sample length). Assay results will be reported after the data has been received, reviewed, and approved. 