listing to the OTCQB under the symbol 'MEEEF' TORONTO ,
Metal Energy boosts exposure in the United
States, listing to the OTCQB under the symbol
'MEEEF'
TORONTO
,
Nov. 4, 2022
/CNW/ - Metal Energy Corp. (the "
Company
" or "
Metal Energy
") (TSXV:
MERG) (OTCQB: MEEEF) is pleased to announce that it has qualified for trading on the OTCQB
Venture market in
the United States
under the symbol "MEEEF". The company profile can be viewed
here
. Metal Energy's common shares will continue to trade on the TSX Venture Exchange (the
"TSXV") under the symbol "MERG".
"This is a big day for the company, expanding our investor outreach and developing a broader
shareholder base within
the United States
. Nickel demand is forecast to continue growing in
the
United States
with battery demand for electric vehicles and renewable energy storage solutions. We
continue advancing our flagship Manibridge project as we believe it has the size and scope to be
recognized by the American investment community during this commodity supercycle. Our current
10,000-metre drill program is following-up a nickel mineralization envelope in which all 6 drill holes
from a
2,300 m
winter drill program intersected Ni-Cu-Co mineralization, including 0.92% Ni eq. over
32.95 m
at
150.45 m
in drill hole MNB004 (see news release
August 3, 2022
), comments
James
Sykes
, CEO of Metal Energy.
U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on
www.otcmarkets.com
. The Company's listing on the TSXV and the trading of its shares on the
OTCQB contribute to a larger North American presence and afford investors preeminent access to
trading.
About Metal Energy Corp.
Metal Energy is a well-funded nickel and battery metal exploration company with two projects,
Manibridge and Strange, in the politically stable jurisdictions of
Manitoba
and
Ontario, Canada
,
respectively. Both projects are subject to earn-in agreements where the Company can acquire 100%
exploration rights to approximately 16,200 hectares.
For the latest videos from Metal Energy, Ore Group and all things Mining, please subscribe to our
YouTube Channel:
youtube.com/@theoregroup
www.metalenergy.ca
Reader Advisory
Certain information set forth in this news release contains forward-looking statements or
information ("
forward-looking statements
"), including details about the business of the Company.
By their nature, forward-looking statements are subject to numerous risks and uncertainties, some
of which are beyond the Company's control, including the impact of general economic conditions,
industry conditions, volatility of commodity prices, currency fluctuations, environmental risks,
operational risks, competition from other industry participants, stock market volatility. Although the
Company believes that the expectations in its forward-looking statements are reasonable, its
forward-looking statements have been based on factors and assumptions concerning future events
which may prove to be inaccurate. Those factors and assumptions are based upon currently
available information. Such statements are subject to known and unknown risks, uncertainties and
other factors that could influence actual results or events and cause actual results or events to
differ materially from those stated, anticipated or implied in the forward-looking statements.
Accordingly, readers are cautioned not to place undue reliance on the forward-looking statements,
as no assurance can be provided as to future results, levels of activity or achievements. Risks,
uncertainties, material assumptions and other factors that could affect actual results are discussed
in our public disclosure documents available at
www.sedar.com
including the Filing Statement
dated
November 15, 2021
. Furthermore, the forward-looking statements contained in this
document are made as of the date of this document and, except as required by applicable law, the
Company does not undertake any obligation to publicly update or to revise any of the included
forward-looking statements, whether as a result of new information, future events or otherwise. The
forward-looking statements contained in this document are expressly qualified by this cautionary
statement.
Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE
Metal Energy
View original content:
http://www.newswire.ca/en/releases/archive/November2022/04/c7869.html
%SEDAR: 00051725E
For further information:
Metal Energy Corp., MERG on the TSXV, James Sykes, CEO,
[email protected], 306-221-8717
CO: Metal Energy
CNW 06:00e 04-NOV-22