Metal Energy Corp. is pleased to announce that it has closed its previously announced financing for aggregate gross proceeds of approximately C$9.25 million . "Centerra's and Teck's investment provides important validation and should draw broader market attention to Metal Energy. NIV is a rare project where geological, geochemical, and geophysical data align. That convergence explains why two major mining companies have [...]
Metal Energy Corp. is pleased to announce that it has completed the previously announced right of first refusal agreement with respect to the remaining 20% interest in the mineral tenures comprising the NIV and West NIV properties in the Toodoggone District of British Columbia . "This agreement enhances our long-term optionality to consolidate ownership of a highly compelling, fully permitted copper-gold porphyry target [...]
Metal Energy Corp. is pleased to announce that Teck Resources Ltd. will make a strategic investment in Metal Energy and becomes a 9.9% shareholder, joining Centerra Gold Inc. , who will also hold a 9.9% strategic interest. "We are pleased to welcome Teck as our second strategic investor in Metal Energy. Having one major mining company already on our register provides meaningful validation, adding a second reinforces that [...]
Metal Energy Corp. is pleased to announce that it intends to complete a financing for aggregate gross proceeds of up to C$9.3 million, consisting of approximately: 8,880,000 common shares to be issued on a premium flow-through basis at a price of C$0.73 per FT Share; and 6,200,000 common shares at a price of C$0.45 per Share . Proceeds from the Offering will be used to fund Metal Energy's 2026 maiden drill program at its [...]
Metal Energy Corp. is pleased to announce that it has completed the first phase of the of requirements under the option agreement previously announced on October 23, 2025 and October 28, 2025 respecting the NIV and West NIV exploration properties in north-central British Columbia by issuing the common shares to the optionor and making the required cash payment in accordance with the terms of the Option Agreement. "With [...]
The Right of First Refusal acquisition provides a clear path to 100% ownership of a fully permitted, district-scale copper-gold porphyry target ROFR strengthens long-term optionality of NIV, ensuring Metal Energy can match any third-party offer and consolidate the Property by matching terms NIV represents one of BC's most compelling undrilled porphyry copper-gold- targets; it features extensive high tenor copper- and [...]
Highlights: NIV hosts extensive and coincident soil geochemical, Induced Polarization , and magnetic anomalies in a favourable geological setting that represents one of BC's most compelling undrilled porphyry copper-gold-molybdenum targets NIV had been advanced and funded privately for 10 years by Charlie Greig and Alex Walcott NIV is in the Toodoggone District - similar geology to the Aurora and Aurora West discoveries [...]
Metal Energy Corp. is pleased to announce an update on its Projects, as well as a corporate update. New Opportunities Metal Energy continues to evaluate additional acquisition opportunities to build on its portfolio of high-quality assets in prolific mining jurisdictions, such as the Highland Valley District and the Thompson Nickel Belt. Corporate Update The Company is pleased to announce a consolidation of its [...]
Highlights: Infill and reconnaissance geophysical surveys planned at Highland Valley. Metal Energy to leverage historical IP surveys to cost effectively focus and rank exploration targets. 9-month extension to all Highland Valley acquisition milestone payments. Metal Energy Corp. is pleased to provide an update on its exploration plans at its Highland Valley Project . Geophysical Exploration Target Refinement in the [...]
Highlights: Metal Energy has received results for a 60 km2 ground-based AMT survey covering the eastern part of Highland Valley project. AMT maps intrusive phases of the Guichon Creek Batholith, which hosts Canada's largest copper mine - Teck's Highland Valley Copper operation. Based on the results, Metal Energy has identified seven targets, including high-priority Zone 2 and Zone 1. Metal Energy Corp. is pleased to [...]
Metal Energy Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for aggregate gross proceeds of $1,000,000. Proceeds from the Offering will be used for an upcoming program on Metal Energy's Highland Valley Copper Project. About Highland Valley Copper Project The Offering consisted of the sale of 8,800,000 flow-through units of the Company at a price of $0.05 per FT Unit [...]
Metal Energy Corp. is pleased to announce that it has upsized its previously announced non-brokered private placement to accommodate strong investor demand. The Offering will now consist of aggregate gross proceeds of up to $1,000,000. Other than the upsize of the Offering, all other details of the non-brokered financing remain as disclosed in the news release of the Company issued on December 4th, 2024. The Offering [...]
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