---
title: "Metal Energy sells 550,000 shares at C$ 0.89 in Centerra, Teck top-up placement"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296640171.md"
description: "Metal Energy Corp. issued 550,000 common shares at C$0.89 each to Centerra Gold and Teck Resources via a top-up rights offering, raising approximately C$490,000. This strategic issuance allows these entities to maintain their 9.9% stakes in Metal Energy. The proceeds are designated for general corporate purposes and working capital. No warrants were issued, and no finder’s fees were paid. The shares carry a four-month-and-one-day hold period, with final approval from the TSX Venture Exchange pending."
datetime: "2026-08-21T16:57:41.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296640171.md)
  - [en](https://longbridge.com/en/news/296640171.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296640171.md)
generator: "portal-rs"
---

# Metal Energy sells 550,000 shares at C$ 0.89 in Centerra, Teck top-up placement

-   Metal Energy closed a strategic share issuance to Centerra Gold, Teck Resources via top-up rights to maintain 9.9% stakes. \* Issued 550,000 common shares at C$ 0.89 each for about C$ 490,000 in gross proceeds. \* No warrants issued. No finder’s fees paid. \* Proceeds earmarked for general corporate purposes, working capital. \* Shares carry a four-month-and-one-day hold period. TSX Venture Exchange final approval pending. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metal Energy Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608211257NEWSFILECNPR\_\_\_\_20260821\_310833\_1) on August 21, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**