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MERG.V ·

Company Statement: Aircraft Incident Near

Company Statement: Aircraft Incident Near

Prince George, British Columbia

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 |

[email protected]

|

www.metalenergy.ca

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/310946