Metal Energy Announces Grant of Stock Options
Metal Energy Announces Grant of Stock Options
TORONTO, ONTARIO – April 1, 2022 – Metal Energy Corp. (“ Metal Energy” or the “ Company”) (TSX.V:
MERG) is pleased to announce that the Board of Directors has approved the grant of stock options to
directors, officers, employees, and consultants of the company allowing for the acquisition of up to, in the
aggregate, 410,000 shares of the Company. The options are exercisable at a price of CAD $0.16 per share
for a period of five years from the date of grant and are subject to regulatory policies.
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 further information, please contact:
Metal Energy Corp.
MERG on the TSXV
James Sykes, CEO
306-221-8717
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 statem ents 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.