Company Statement: Aircraft Incident Near Prince George, British Columbia

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Metal Energy (TSXV: MERG, OTC: MEEEF) reported that two members of its exploration team were passengers on a charter aircraft that made an emergency landing near Prince George, British Columbia, on August 20, 2026. The aircraft contacted several vehicles, and one vehicle occupant has died. All Metal Energy employees, the pilot, and other passengers were unharmed. The flight was returning crew from the NIV copper-gold-molybdenum project. The incident is under investigation by the Transportation Safety Board of Canada and other authorities, and the company is cooperating and supporting affected employees.

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Toronto, Ontario--(Newsfile Corp. - August 22, 2026) - Metal Energy Corp. (TSXV: MERG) ("Metal Energy" or the "Company") confirms that two members of its exploration team were passengers aboard a charter aircraft that was forced to make an emergency landing on the outskirts of Prince George, British Columbia, on August 20, 2026. The aircraft came into contact with several vehicles on a roadway during the landing, and the Company has since learned that an occupant of one of those vehicles has passed away.

On behalf of everyone at Metal Energy, we extend our deepest condolences to the family, friends and loved ones of the individual who lost their life. Our thoughts are with them, and with the first responders and the residents of Prince George affected by this tragic event.

The Company's employees were not injured. Metal Energy understands that the pilot and the remaining passengers on board, who were personnel of other mineral exploration companies, were also unharmed. The flight was carrying crew members out on a scheduled rotation break from the Company's NIV copper-gold-molybdenum project in the Toodoggone District of north-central British Columbia.

"This is a devastating outcome for a family and for the Prince George community, and our hearts go out to them," said Charlie Greig, Chief Executive Officer of Metal Energy. "The safety of our employees, our contractors and the public is fundamental to how this Company operates. We are relieved that our colleagues are safe, and our attention now is on supporting everyone touched by this incident."

Metal Energy is providing support to the employees involved and to its field crew, and is in contact with the aircraft charter company. The incident is under investigation by the Transportation Safety Board of Canada and other authorities, and the Company will cooperate fully with that process. Out of respect for those affected and for the integrity of the investigation, Metal Energy will not be commenting further on the circumstances of the incident.

For Further Information

Charlie Greig, CEO, Metal Energy Corp.
Suite 1102, 141 Adelaide Street West, Toronto, ON M5H 3L5
250.488.7981 | cgreig@metalenergy.ca | www.metalenergy.ca

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310946

FAQ

What incident involving Metal Energy (MEEEF) occurred near Prince George on August 20, 2026?

An aircraft chartered to transport Metal Energy crew made an emergency landing near Prince George on August 20, 2026. According to Metal Energy, the plane contacted several vehicles, and one vehicle occupant died, while all passengers and crew on the aircraft were unharmed.

Were Metal Energy (MEEEF) employees injured in the August 2026 aircraft incident in British Columbia?

No, Metal Energy employees were not injured in the aircraft incident near Prince George. According to Metal Energy, its two team members on board, the pilot, and other passengers from different exploration companies were all unharmed, though a person in a vehicle struck during landing died.

What project were Metal Energy (MEEEF) personnel returning from during the aircraft emergency landing?

The personnel were returning from Metal Energy’s NIV copper-gold-molybdenum project. According to Metal Energy, the charter flight was carrying crew members on a scheduled rotation break from this project in the Toodoggone District of north-central British Columbia when the emergency landing occurred.

How is Metal Energy (MEEEF) responding to the August 2026 aircraft incident in Prince George?

Metal Energy is providing support to the employees involved and to its field crew. According to Metal Energy, the company is in contact with the aircraft charter provider and will fully cooperate with investigations by the Transportation Safety Board of Canada and other authorities.

Who is investigating the Metal Energy (MEEEF)-related aircraft incident near Prince George, British Columbia?

The Transportation Safety Board of Canada and other authorities are investigating the incident. According to Metal Energy, the company will cooperate fully and will not comment further on the circumstances, out of respect for those affected and to protect the integrity of the investigation.

Did the Metal Energy (MEEEF) aircraft incident involve fatalities?

Yes, one person in a vehicle struck during the emergency landing died. According to Metal Energy, the aircraft contacted several vehicles on a roadway, resulting in the death of an occupant in one vehicle, while all passengers and crew on the aircraft were unharmed.