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

Metal Energy Corp. announced a C$490,000 top-up placement of 550,000 common shares at C$0.89 each to Centerra Gold and Teck Resources. This issuance aims to maintain their respective 9.9% stakes in the company. The proceeds are designated for general corporate purposes and working capital. The transaction is expected to close on or before August 17, 2026, pending regulatory approvals and TSX Venture Exchange acceptance.

Metal Energy announced a C$490,000 share issuance to Centerra Gold and Teck Resources to maintain their 9.9% stakes. * 550,000 common shares to be issued at C$0.89 each; no warrants. * Proceeds earmarked for general corporate purposes and working capital. * Closing expected on or before Aug. 17, 2026, subject to regulatory approvals and TSX Venture Exchange acceptance. 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: 202608110742NEWSFILECNPR____20260811_309168_1) on August 11, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)