Metal Energy Stock Price, News & Analysis

Metal Energy (OTCQB: MEEEF) entered a right of first refusal (ROFR) agreement on November 19, 2025 to acquire the remaining 20% interest in the NIV and West NIV mineral tenures in British Columbia's Toodoggone District.

The ROFR lets Metal Energy match any arm's-length third-party offer within 45 days. The company will issue 600,000 common shares at $0.47 each as consideration, subject to TSXV approval and a statutory four-month-and-one-day hold period. Drilling is planned for 2026 once targets and logistics are finalized.

Metal Energy (OTCQB:MEEEF) entered an option to acquire the NIV copper-gold porphyry project in B.C.'s Toodoggone district on October 23, 2025. NIV spans >12,500 hectares across two claim blocks and is fully permitted with high-priority targets defined and ready to drill.

Key technical highlights include coincident soil geochemistry (Cu >300 ppm, Au >200 ppb, Mo >12 ppm over a 3.7 km strike), IP chargeability/resistivity anomalies, magnetic highs, and supportive MobileMT and geochronology studies. A maiden drill program is being finalized for 2026. New leadership and technical appointments include CEO Charlie Greig and advisors Alex Walcott and Dr. Roy Greig.

Metal Energy (MEEEF) announced a one-for-five share consolidation (reverse split) expected to take effect on October 20, 2025, subject to TSX Venture Exchange approval. Immediately prior to the consolidation the company expects 141,346,980 common shares outstanding and expects 28,269,396 common shares after consolidation, subject to rounding.

The company confirmed its name and trading symbol remain unchanged, a new CUSIP (591088208; ISIN CA5910882086) will replace the old CUSIP, and outstanding warrants, options and convertible securities will be proportionately adjusted. No fractional shares will be issued; fractional interests will be rounded up at 0.5 or greater, otherwise rounded down.

Metal Energy (OTCQB: MEEEF) updated exploration and acquisition milestones for its Highland Valley Project on October 8, 2025. The company plans drone aeromagnetic infill surveys, inversion and compilation of historical IP data, and reconnaissance ground AMT transects to refine targets including Mystery, Zone 1, Zone 2, Billy Lake, Chataway, LeRoy Lake and Sho.

Metal Energy executed an Amending Agreement (Aug 27, 2025) with Happy Creek to extend all Highland Valley milestone payments by nine months. As consideration the company will issue 1,000,000 common shares to Happy Creek and pay $25,000 cash within five days of the next financing. The updated tranche schedule calls for share issuances valued at $1.0M (by Aug 6, 2026), $1.0M (by Aug 6, 2027), $1.5M (by Aug 6, 2028) and $2.5M (by Aug 6, 2029). The Amending Agreement is subject to TSXV approval.

Metal Energy Corp (TSXV: MERG, OTCQB: MEEEF) has completed a 60 km² ground-based Audio Magnetotellurics (AMT) survey at its Highland Valley project, located near Canada's largest copper mine. The survey identified seven exploration targets in the eastern part of the project.

The AMT survey helps map different intrusive phases of the Late Triassic Guichon Creek Batholith, with two high-priority areas identified as Zone 1 and Zone 2. The data revealed a northeast-dipping contact between inner and outer batholith sections, where mineralization is found within and along boundaries of AMT resistors.

The identified target areas include:

• Billy Lake: Large AMT resistive zone with strong Cu-in-soil anomaly
• Zone 2: Conductive zone adjacent to AMT resistor within fault wedge
• Zone 1: North-south trending resistive zone with fault offsets
• Mystery, Chataway, LeRoy Lake, and Sho: Additional targets with varying geological characteristics

Metal Energy Corp (TSXV: MERG) (OTCQB: MEEEF) has completed its previously announced non-brokered private placement, raising $1,000,000 in gross proceeds. The offering included 8,800,000 flow-through units at $0.05 per unit ($440,000) and 14,000,000 units at $0.04 per unit ($560,000). Each flow-through unit includes one share and half a warrant exercisable at $0.10, while regular units include one share and half a warrant exercisable at $0.08, both for 24 months. The proceeds will fund the Highland Valley Copper Project program. Finders' fees included $12,200 cash and 268,000 warrants. Orecap Invest Corp. participated by purchasing 5,125,000 units, constituting a related party transaction.

Metal Energy Corp (TSXV: MERG) (OTCQB: MEEEF) has increased its previously announced non-brokered private placement to $1,000,000 due to strong investor demand. The offering includes Units at $0.04 and Flow-Through Units at $0.05, both comprising common shares and warrants. Each Unit includes one common share and half a warrant exercisable at $0.08, while FT Units include one FT common share and half a warrant exercisable at $0.10, both for 24 months.

Orecap Invest Corp plans to subscribe for up to $220,000 of Units, subject to TSX Venture Exchange approval. The offering is expected to close around December 17, 2024, with a four-month plus one-day resale restriction period.

Metal Energy Corp (TSXV: MERG) (OTCQB: MEEEF) announces a non-brokered private placement to raise up to $500,000. The offering includes Units at $0.04 and Flow-Through Units at $0.05, both with attached warrants. Each Unit includes one common share and half a warrant exercisable at $0.08, while FT Units include one FT common share and half a warrant exercisable at $0.10. Warrants have a 24-month exercise period.

Orecap Invest Corp has committed to subscribe for up to $220,000 of the Units. Proceeds will fund the Highland Valley Copper Project program and working capital. The offering is expected to close around December 17, 2024, subject to TSX Venture Exchange approval.

Stephen Stewart has increased his position in Metal Energy Corp (TSXV: MERG) through a market purchase of 500,000 common shares at $0.03 per share, totaling $15,000. Following this transaction, Stewart now holds 13,600,000 common shares on a non-diluted basis and 17,700,000 on a partially diluted basis, representing 11.5% and 14.9% of the total issued shares respectively. Prior to this purchase, he owned 13,100,000 shares plus 4,100,000 options and warrants. The shares are held for investment purposes, with no immediate plans for further actions regarding the company's securities.