<p>安大略省多伦多 --（Newsfile Corp. -2025 年 12 月 17 日）- Metal Energy Corp.（OTCQB: MEEEF）（以下简称 “ <strong>公司</strong>” 或 “ <strong>Metal Energy</strong>”）很高兴地宣布，已完成其先前宣布的融资，累计总收益约为 925 万加元（以下简称 “ <strong>发行</strong>”）。</p>
<p>“Centerra 和 Teck 的投资提供了重要的验证，并应当引起更广泛市场对 Metal Energy 的关注。NIV 是一个罕见的项目，其地质、地球化学和地球物理数据相互吻合。这种汇聚解释了为什么两家大型矿业公司选择大幅资助我们的勘探。我们相信，NIV 未钻探的目标是近年来不列颠哥伦比亚省最具前景的目标之一，Metal Energy 计划在 2026 年进行钻探。虽然仍处于早期阶段，我们希望能够交付一个合理化该资产长期管理的发现，” Metal Energy Corp.的董事长 Stephen Stewart 表示。</p>
<p>此次发行包括：（i）在溢价流通基础上发行的 8,884,000 股普通股（每股称为 “ <strong>FT 股</strong>”），每股价格为 0.729 加元；以及（ii）6,200,000 股普通股（每股称为 “ <strong>股份</strong>”），每股价格为 0.45 加元。此次发行未发行任何认股权证，也未支付任何中介费用。根据适用的证券法，所有在此次发行中发行的证券均需遵守自交易完成之日起四个月加一天的法定持有期。</p>
<p>由于此次发行的完成，Centerra Gold Inc.（“Centerra”）和 Teck Resources Limited（“Teck”）已成为 Metal Energy 的战略股东，各自持有公司已发行和流通普通股的约 9.9%。</p>
<p>在此次发行完成的同时，公司与 Centerra 和 Teck 签署了基本相同条款的投资者权利协议（统称为 “ <strong>IRA</strong>”）。根据 IRA 的条款，Centerra 和 Teck 被授予参与和增持权，以便在其在公司的持股比例超过 5.0% 且不被稀释的情况下，维持其各自的按比例持股。</p>
<p>根据之前披露的条款，FT 股发行所产生的总收益将用于在公司位于加拿大的矿产勘探项目上发生符合 “加拿大勘探费用”、“流通关键矿产采矿支出”，以及对于不列颠哥伦比亚省的购买者而言的 “BC 流通采矿支出”（统称为 “ <strong>合格支出</strong>”）的合格资源勘探费用。公司将在 2026 年 12 月 31 日之前发生的合格支出总额不少于 FT 股发行所筹集的总收益，并将在 2025 年 12 月 31 日之前向 FT 股的初始购买者放弃这些费用，具体条款和限制详见初始发行公告。</p>
<p>此次发行的净收益将用于资助 Metal Energy 在不列颠哥伦比亚省 Toodoggone 区的 NIV 铜金钼项目的 2026 年首次钻探计划，该项目已获得全面许可，具备明确的、可钻探的目标，并用于一般企业用途。</p>
<p>本新闻稿不构成出售要约或购买要约的招揽，也不应在任何此类要约、招揽或销售在任何管辖区内是非法的情况下进行任何证券的销售。这些证券尚未，也将不会根据修订后的《1933 年美国证券法》（以下简称 “ <strong>美国证券法</strong>”）或美国任何州的证券法进行注册，且不得在美国或向 “美国人士”（根据美国证券法第 S 条的定义）提供或出售，除非根据美国证券法和适用州证券法进行注册或获得豁免。</p>
<p>此次发行仍需获得多伦多创业交易所的最终批准。</p>
<p><strong>关于 Metal Energy</strong></p>
<p>Metal Energy Corp.（OTCQB: MEEEF）是一家专注于加拿大铜和金资产的关键金属勘探公司。公司控制着 NIV，这是一个位于不列颠哥伦比亚省富饶的 Toodoggone 区的完全许可且可钻探的铜金钼项目，该地区以显著的斑岩矿床而闻名。</p>
<p>随着 NIV 的加入，Metal Energy 的投资组合现在包括三个高潜力项目：</p>
<ul>
<li><strong>NIV 项目</strong>（铜 - 金 - 钼，100% 控股）- 不列颠哥伦比亚省 Toodoggone 区
<ul>
<li>查看地质概述视频，由地质学家 Charlie Greig 提供</li>
<li>查看 NIV 技术演示的 PDF</li>
</ul>
</li>
<li><strong>高地谷项目</strong>（铜 - 钼 - 银 - 金 - 铼，100% 拥有）- 不列颠哥伦比亚省</li>
<li><strong>Manibridge 项目</strong>（镍 - 铜 - 钴 - 铂族金属，85% 拥有）- 曼尼托巴省</li>
</ul>
<p>如需更多信息，请联系：</p>
<p>Metal Energy Corp.</p>
<p>在 TSXV 的 MERG</p>
<p>info@oregroup.ca</p>
<p>www.metalenergy.ca</p>
<p>董事长 Stephen Stewart</p>
<p>416.644.1567</p>
<p><strong>读者建议</strong></p>
<p>本新闻稿中所列的某些信息包含前瞻性陈述或信息（&#34;前瞻性陈述&#34;），包括关于 Metal Energy 业务的详细信息。本新闻稿中的所有陈述，除了历史事实的陈述外，均为前瞻性陈述，涉及 Metal Energy 预期将发生的事件或发展，包括但不限于最终的 TSXV 批准、融资所得的使用以及未来的勘探计划和时间表。由于其性质，前瞻性陈述受到众多风险和不确定性的影响，其中一些超出了 Metal Energy 的控制范围，包括一般经济状况、行业状况、商品价格波动、货币波动、环境风险、运营风险、来自其他行业参与者的竞争以及股市波动的影响。尽管公司相信其前瞻性陈述中反映的预期是合理的，但这些陈述是基于可能被证明不准确的未来事件的因素和假设。</p>
<p>这些陈述受到已知和未知的风险、不确定性及其他因素的影响，这些因素可能会影响实际结果或事件，并导致实际结果或事件与前瞻性陈述中所述、预期或暗示的内容存在重大差异。因此，提醒读者不要对前瞻性陈述过度依赖，因为无法保证未来的结果、活动水平或成就。可能影响实际结果的风险、不确定性、重大假设和其他因素在 Metal Energy 的公开披露文件中进行了讨论，相关文件可在 www.sedarplus.ca 获取。此外，本文件中包含的前瞻性陈述是截至本文件日期作出的，除非法律要求，Metal Energy 不承担任何公开更新或修订任何前瞻性陈述的义务，无论是由于新信息、未来事件还是其他原因。本文件中包含的前瞻性陈述明确受到本警示声明的限制。</p>
<p>无论是 TSX 风险交易所还是其监管服务提供商（该术语在 TSX 风险交易所的政策中有定义）均不对本发布的充分性或准确性承担责任。</p>
<p>不适用于向美国新闻通讯社分发或在美国传播。</p>
<p>要查看本新闻稿的源版本，请访问 https://www.newsfilecorp.com/release/278304</p>

CGAU

泰克资源

<p>Metal Energy Corp. 已与 Centerra Gold 和 Teck Resources 达成了一项 925 万加元的融资协议，使它们各自成为战略股东，持股比例为 9.9%。这笔资金将支持 Metal Energy 在不列颠哥伦比亚省 NIV 项目的 2026 年钻探计划。融资包括以溢价流通方式发行的普通股和普通股，不涉及认股权证或中介费用。该交易需经多伦多证券交易所创业板批准</p>

<p>Toronto, Ontario--(Newsfile Corp. - December 17, 2025) - Metal Energy Corp.  (OTCQB: MEEEF) (the &#34; <strong>Company</strong>&#34; or &#34; <strong>Metal</strong> <strong>Energy</strong>&#34;) is pleased to announce that it has closed its previously announced financing for aggregate gross proceeds of approximately C$9.25 million (the &#34; <strong>Offering</strong>&#34;).</p>
<div class="lb-trans"><p>安大略省多伦多 --（Newsfile Corp. -2025 年 12 月 17 日）- Metal Energy Corp.（OTCQB: MEEEF）（以下简称 “ <strong>公司</strong>” 或 “ <strong>Metal Energy</strong>”）很高兴地宣布，已完成其先前宣布的融资，累计总收益约为 925 万加元（以下简称 “ <strong>发行</strong>”）。</p>
</div><p>&#34;Centerra's and Teck's investment provides important validation and should draw broader market attention to Metal Energy. NIV is a rare project where geological, geochemical, and geophysical data align. That convergence explains why two major mining companies have chosen to substantially fund our exploration. We believe the undrilled targets at NIV are among the most prospective in British Columbia in recent years, and Metal Energy plans to drill them in 2026. While still early, we hope to deliver a discovery that justifies the long-term stewardship of this asset,&#34; said Stephen Stewart, Chairman of Metal Energy Corp.</p>
<div class="lb-trans"><p>“Centerra 和 Teck 的投资提供了重要的验证，并应当引起更广泛市场对 Metal Energy 的关注。NIV 是一个罕见的项目，其地质、地球化学和地球物理数据相互吻合。这种汇聚解释了为什么两家大型矿业公司选择大幅资助我们的勘探。我们相信，NIV 未钻探的目标是近年来不列颠哥伦比亚省最具前景的目标之一，Metal Energy 计划在 2026 年进行钻探。虽然仍处于早期阶段，我们希望能够交付一个合理化该资产长期管理的发现，” Metal Energy Corp.的董事长 Stephen Stewart 表示。</p>
</div><p>The Offering consisted of: (i) 8,884,000 common shares issued on a premium flow-through basis (each, an &#34; <strong>FT Share</strong>&#34;) at a price of C$0.729 per FT Share; and (ii) 6,200,000 common shares (each, a &#34; <strong>Share</strong>&#34;) at a price of C$0.45 per Share. No warrants were issued and no finders' fees were paid in connection with the Offering. All securities issued under the Offering are subject to a statutory hold period of four months plus one day from the date of closing, in accordance with applicable securities laws.</p>
<div class="lb-trans"><p>此次发行包括：（i）在溢价流通基础上发行的 8,884,000 股普通股（每股称为 “ <strong>FT 股</strong>”），每股价格为 0.729 加元；以及（ii）6,200,000 股普通股（每股称为 “ <strong>股份</strong>”），每股价格为 0.45 加元。此次发行未发行任何认股权证，也未支付任何中介费用。根据适用的证券法，所有在此次发行中发行的证券均需遵守自交易完成之日起四个月加一天的法定持有期。</p>
</div><p>As a result of the completion of the Offering, Centerra Gold Inc. (&#34;Centerra&#34;) and Teck Resources Limited (&#34;Teck&#34;) have become strategic shareholders of Metal Energy, each holding approximately 9.9% of the Company's issued and outstanding common shares.</p>
<div class="lb-trans"><p>由于此次发行的完成，Centerra Gold Inc.（“Centerra”）和 Teck Resources Limited（“Teck”）已成为 Metal Energy 的战略股东，各自持有公司已发行和流通普通股的约 9.9%。</p>
</div><p>Concurrent with the closing of the Offering, the Company has entered into investor rights agreements on substantially the same terms with each of Centerra and Teck (collectively the &#34; <strong>IRAs</strong>&#34;). Under the terms of the IRAs, each of Centerra and Teck have been granted participation and top-up rights to allow them to maintain their respective pro-rata ownership in the Company so long as their ownership in the Company remains greater than 5.0% of the Shares on a non-diluted basis.</p>
<div class="lb-trans"><p>在此次发行完成的同时，公司与 Centerra 和 Teck 签署了基本相同条款的投资者权利协议（统称为 “ <strong>IRA</strong>”）。根据 IRA 的条款，Centerra 和 Teck 被授予参与和增持权，以便在其在公司的持股比例超过 5.0% 且不被稀释的情况下，维持其各自的按比例持股。</p>
</div><p>Consistent with the terms previously disclosed, an amount equal to the gross proceeds from the issuance of the FT Shares will be used to incur, on the Company's Canadian mineral exploration properties, eligible resource exploration expenses that qualify as &#34;Canadian exploration expenses,&#34; &#34;flow-through critical mineral mining expenditures,&#34; and, for purchasers in British Columbia, &#34;BC flow-through mining expenditures&#34; (collectively, the &#34; <strong>Qualifying Expenditures</strong>&#34;). The Company will incur Qualifying Expenditures in an aggregate amount not less than the gross proceeds raised from the issuance of the FT Shares on or before December 31, 2026, and will renounce such expenses to the initial purchasers of the FT Shares with an effective date no later than December 31, 2025, subject to the terms and limitations described in the initial Offering announcement.</p>
<div class="lb-trans"><p>根据之前披露的条款，FT 股发行所产生的总收益将用于在公司位于加拿大的矿产勘探项目上发生符合 “加拿大勘探费用”、“流通关键矿产采矿支出”，以及对于不列颠哥伦比亚省的购买者而言的 “BC 流通采矿支出”（统称为 “ <strong>合格支出</strong>”）的合格资源勘探费用。公司将在 2026 年 12 月 31 日之前发生的合格支出总额不少于 FT 股发行所筹集的总收益，并将在 2025 年 12 月 31 日之前向 FT 股的初始购买者放弃这些费用，具体条款和限制详见初始发行公告。</p>
</div><p>The net proceeds of the Offering will be used to fund Metal Energy's 2026 maiden drill program at its NIV copper-gold-molybdenum project in the Toodoggone District of British Columbia, where NIV is fully permitted with well-defined, drill-ready targets, and for general corporate purposes.</p>
<div class="lb-trans"><p>此次发行的净收益将用于资助 Metal Energy 在不列颠哥伦比亚省 Toodoggone 区的 NIV 铜金钼项目的 2026 年首次钻探计划，该项目已获得全面许可，具备明确的、可钻探的目标，并用于一般企业用途。</p>
</div><p>This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of, any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the &#34; <strong>U.S. Securities Act</strong>&#34;), or the securities laws of any state of the United States, and may not be offered or sold in the United States or to, or for the account or benefit of, &#34;U.S. persons&#34; (as defined in Regulation S under the U.S. Securities Act) absent registration under the U.S. Securities Act and applicable state securities laws or an exemption from such registration requirements.</p>
<div class="lb-trans"><p>本新闻稿不构成出售要约或购买要约的招揽，也不应在任何此类要约、招揽或销售在任何管辖区内是非法的情况下进行任何证券的销售。这些证券尚未，也将不会根据修订后的《1933 年美国证券法》（以下简称 “ <strong>美国证券法</strong>”）或美国任何州的证券法进行注册，且不得在美国或向 “美国人士”（根据美国证券法第 S 条的定义）提供或出售，除非根据美国证券法和适用州证券法进行注册或获得豁免。</p>
</div><p>The Offering remains subject to the final approval of the TSX Venture Exchange.</p>
<div class="lb-trans"><p>此次发行仍需获得多伦多创业交易所的最终批准。</p>
</div><p><strong>About Metal Energy</strong></p>
<div class="lb-trans"><p><strong>关于 Metal Energy</strong></p>
</div><p>Metal Energy Corp.  (OTCQB: MEEEF) is a critical metals exploration company focused on copper and gold assets in Canada. The Company controls NIV, a fully permitted and drill-ready copper-gold-molybdenum project located in British Columbia's prolific Toodoggone District, a region known for significant porphyry deposits.</p>
<div class="lb-trans"><p>Metal Energy Corp.（OTCQB: MEEEF）是一家专注于加拿大铜和金资产的关键金属勘探公司。公司控制着 NIV，这是一个位于不列颠哥伦比亚省富饶的 Toodoggone 区的完全许可且可钻探的铜金钼项目，该地区以显著的斑岩矿床而闻名。</p>
</div><p>With the addition of NIV, Metal Energy's portfolio now includes three high-potential projects:</p>
<div class="lb-trans"><p>随着 NIV 的加入，Metal Energy 的投资组合现在包括三个高潜力项目：</p>
</div><ul>
<li><strong>NIV Project</strong> (Cu-Au-Mo, 100% controlled) - Toodoggone District, British Columbia
<ul>
<li>View Video of the Geological Overview of the NIV Project by Geologist, Charlie Greig</li>
<li>View PDF of NIV Technical Presentation</li>
</ul>
</li>
<li><strong>Highland Valley Project</strong> (Cu-Mo-Ag-Au-Re, 100% owned) - British Columbia</li>
<li><strong>Manibridge Project</strong> (Ni-Cu-Co-PGE, 85% owned) - Manitoba</li>
</ul>
<div class="lb-trans"><ul>
<li><strong>NIV 项目</strong>（铜 - 金 - 钼，100% 控股）- 不列颠哥伦比亚省 Toodoggone 区
<ul>
<li>查看地质概述视频，由地质学家 Charlie Greig 提供</li>
<li>查看 NIV 技术演示的 PDF</li>
</ul>
</li>
<li><strong>高地谷项目</strong>（铜 - 钼 - 银 - 金 - 铼，100% 拥有）- 不列颠哥伦比亚省</li>
<li><strong>Manibridge 项目</strong>（镍 - 铜 - 钴 - 铂族金属，85% 拥有）- 曼尼托巴省</li>
</ul>
</div><p>For further information, please contact:</p>
<div class="lb-trans"><p>如需更多信息，请联系：</p>
</div><p>Metal Energy Corp.</p>
<div class="lb-trans"><p>Metal Energy Corp.</p>
</div><p>MERG on the TSXV</p>
<div class="lb-trans"><p>在 TSXV 的 MERG</p>
</div><p>info@oregroup.ca</p>
<div class="lb-trans"><p>info@oregroup.ca</p>
</div><p>www.metalenergy.ca</p>
<div class="lb-trans"><p>www.metalenergy.ca</p>
</div><p>Stephen Stewart, Chairman</p>
<div class="lb-trans"><p>董事长 Stephen Stewart</p>
</div><p>416.644.1567</p>
<div class="lb-trans"><p>416.644.1567</p>
</div><p><strong>Reader Advisory</strong></p>
<div class="lb-trans"><p><strong>读者建议</strong></p>
</div><p>Certain information set forth in this news release contains forward-looking statements or information (&#34;forward-looking statements&#34;), including details about the business of Metal Energy. All statements in this news release, other than statements of historical fact, that address events or developments that Metal Energy expects to occur are forward-looking statements, including, but not limited to, final TSXV approval, the use of proceeds from the Offering, and future exploration plans and timelines. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Metal Energy'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, and stock market volatility. Although the Company believes that the expectations reflected in its forward-looking statements are reasonable, such statements are based on factors and assumptions concerning future events which may prove to be inaccurate.</p>
<div class="lb-trans"><p>本新闻稿中所列的某些信息包含前瞻性陈述或信息（&#34;前瞻性陈述&#34;），包括关于 Metal Energy 业务的详细信息。本新闻稿中的所有陈述，除了历史事实的陈述外，均为前瞻性陈述，涉及 Metal Energy 预期将发生的事件或发展，包括但不限于最终的 TSXV 批准、融资所得的使用以及未来的勘探计划和时间表。由于其性质，前瞻性陈述受到众多风险和不确定性的影响，其中一些超出了 Metal Energy 的控制范围，包括一般经济状况、行业状况、商品价格波动、货币波动、环境风险、运营风险、来自其他行业参与者的竞争以及股市波动的影响。尽管公司相信其前瞻性陈述中反映的预期是合理的，但这些陈述是基于可能被证明不准确的未来事件的因素和假设。</p>
</div><p>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 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 Metal Energy's public disclosure documents available at www.sedarplus.ca. 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, Metal Energy does not undertake any obligation to publicly update or revise any of the 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.</p>
<div class="lb-trans"><p>这些陈述受到已知和未知的风险、不确定性及其他因素的影响，这些因素可能会影响实际结果或事件，并导致实际结果或事件与前瞻性陈述中所述、预期或暗示的内容存在重大差异。因此，提醒读者不要对前瞻性陈述过度依赖，因为无法保证未来的结果、活动水平或成就。可能影响实际结果的风险、不确定性、重大假设和其他因素在 Metal Energy 的公开披露文件中进行了讨论，相关文件可在 www.sedarplus.ca 获取。此外，本文件中包含的前瞻性陈述是截至本文件日期作出的，除非法律要求，Metal Energy 不承担任何公开更新或修订任何前瞻性陈述的义务，无论是由于新信息、未来事件还是其他原因。本文件中包含的前瞻性陈述明确受到本警示声明的限制。</p>
</div><p>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.</p>
<div class="lb-trans"><p>无论是 TSX 风险交易所还是其监管服务提供商（该术语在 TSX 风险交易所的政策中有定义）均不对本发布的充分性或准确性承担责任。</p>
</div><p>NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES.</p>
<div class="lb-trans"><p>不适用于向美国新闻通讯社分发或在美国传播。</p>
</div><p>To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278304</p>
<div class="lb-trans"><p>要查看本新闻稿的源版本，请访问 https://www.newsfilecorp.com/release/278304</p>
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Metal Energy 与 Centerra Gold 和泰克资源完成了 925 万美元的融资