Metal Energy Announces Grant of Stock Options
TORONTO, ONTARIO – January 24th, 2023 – Metal Energy Corp. (“Metal Energy” or the “Company”) (MERG: TSXV | MEEF: OTCQB) is pleased to announce that the Board of Directors has approved the grant of stock options to a consultant of the company allowing for the acquisition of up to, in the aggregate, 200,000 shares of the Company. The options are exercisable at a price of CAD $0.07 per share for a period of eighteen months from the date of grant and are subject to regulatory policies.
About Metal Energy Corp.
Metal Energy is a nickel and battery metal exploration company with two projects, Manibridge and Strange, in the politically stable jurisdictions of Manitoba and Ontario, Canada, respectively. The Manibridge project is 85% owned by Metal Energy and 15% owned by Mistango River Resources Inc. (CSE: MIS). The Strange project is subject to earn-in agreements where the Company can acquire 100% exploration rights to approximately 12,000 hectares.
To Speak to the Company directly, please contact:
James Sykes
Phone: 306.221.8717 Email: [email protected] www.metalenergy.ca
Neither Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Certain information in this press release may contain forward- looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Mistango assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Mistango. Additional information identifying risks and uncertainties is contained in filings by Mistango with Canadian securities regulators, which filings are available under Mistango profile at www.sedar.com.