Welcome to our dedicated page for Exgen Resources news (Ticker: BXXRF), a resource for investors and traders seeking the latest updates and insights on Exgen Resources stock.
ExGen Resources Inc. (OTC Pink: BXXRF) features in news coverage primarily through its mineral project portfolio, partnership strategy and corporate transactions. The company describes itself as a project accelerator that funds exploration and development of its projects through joint ventures and partnership agreements, and this approach is reflected in many of its announcements.
News about ExGen often highlights developments at its key assets, such as its effective 20% carried interest in the Empire Mine project in Idaho, its Dok claims within the broader Telegraph copper-gold project in British Columbia’s Golden Triangle, and its Spark North Lithium Project in Nevada. Updates can include references to technical reports, drilling results and the status of exploration work as disclosed by the company.
A significant recent theme in ExGen’s news flow is its transaction with MTB Metals Corp. ExGen and MTB announced an arrangement agreement and later the completion of a court-approved plan of arrangement under which ExGen acquired all of the issued and outstanding securities of MTB. Related news items describe the terms of the share exchange, shareholder and court approvals, and the expected delisting of MTB’s shares from the TSX Venture Exchange, as well as ExGen’s intention to have MTB cease to be a reporting issuer.
Readers following ExGen’s news can expect coverage of corporate combinations, project-level updates, portfolio developments involving copper, gold, silver and lithium assets, and commentary from management on the company’s strategy as a project accelerator. This page aggregates such disclosures and related market announcements so that investors can review ExGen’s publicly reported developments in one place.
ExGen Resources (OTC: BXXRF) updated shareholders on its 20% carried interest in Phoenix Copper and recent corporate actions. Phoenix suspended two senior officers and is discussing partners to advance the Empire project. ExGen granted 4,000,000 options and announced a non‑brokered $200,000 private placement at $0.20 per unit, with one‑half warrant exercisable at $0.25 for 12 months; closing expected on or about March 15, 2026, subject to TSXV approval.
ExGen Resources (OTC: BXXRF) completed a court-approved plan of arrangement to acquire 100% of MTB Metals on December 19, 2025.
Under the Arrangement, MTB shareholders receive 0.286 ExGen share per MTB share and outstanding MTB options and warrants were exchanged or adjusted on the same 0.286 exchange ratio. Following closing, ExGen has 109,149,808 issued and outstanding shares. MTB is expected to be delisted from the TSX Venture Exchange on or about December 23, 2025, and ExGen will file an early warning report and seek MTB reporting issuer termination.
ExGen Resources (TSXV: EXG) and MTB Metals (OTCQB: MBYMF, TSXV: MTB) entered an arrangement agreement dated October 16, 2025 to merge their businesses, creating a consolidated copper, gold and lithium exploration and development company.
Under the deal MTB shareholders will receive 0.286 ExGen share per MTB share and are expected to hold approximately 35% of the combined company. The transaction is subject to MTB shareholder approval, court approval and TSX Venture Exchange acceptance; MTB expects a special meeting in early to mid December 2025. Both companies have initiated NI 43-101 technical reports on flagship projects and the combined assets include a 20% carried interest in the Empire mine and multiple Golden Triangle and Nevada projects.
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