Metal Energy Corp
Recent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- Metal Energy Corp. (TSXV:MERG, OTCQB:MEEEF) is a Toronto-based critical metals exploration company founded in 2021 through a reverse takeover transaction and headquartered at 141 Adelaide Street West, Toronto, Ontario, Canada. The company acquires, explores and develops mineral properties focused on battery and energy transition metals including nickel, copper, cobalt, platinum group elements, gold, molybdenum, silver and rhenium; its primary projects comprise the 85%-owned Manibridge Project (Ni-Cu-Co-PGE) covering 4,368 hectares in Manitoba's Thompson Nickel Belt, the 100%-owned Highland Valley Project (Cu-Mo-Ag-Au-Re) adjacent to Teck Resources' Highland Valley Copper mine in British Columbia's prolific porphyry copper district, and the recently secured NIV Project (Cu-Au-Mo), a fully permitted drill-ready property in British Columbia's Toodoggone District featuring extensive geochemical and geophysical anomalies indicative of large-scale porphyry systems. Metal Energy operates exclusively in politically stable Canadian jurisdictions targeting bulk-tonnage deposits for electric vehicles, renewable energy and clean technology supply chains, with Ore Group Inc. as its parent entity. In recent developments, Metal Energy completed the acquisition of the Highland Valley Copper Project in November 2024 from Happy Creek Minerals Ltd. for $300,000 cash, 11.7 million shares representing a 9.9% stake and a 2.5% net smelter return royalty (1.5% repurchaseable for $5 million), granting the company 100% ownership adjacent to one of Canada's largest copper operations. The company optioned an 80% interest in the NIV and West NIV properties in October 2025 via assignment from Standard Ore Corp., fulfilling Phase 1 requirements in November 2025 through share issuances and cash payments while securing a right of first refusal on the remaining 20% interest, positioning NIV for drilling in 2026. Most notably, Metal Energy announced a $9.3 million financing on November 27, 2025, attracting Centerra Gold Inc. as a strategic shareholder to fund advancing its expanded copper-gold portfolio across three high-potential projects.
Company News
Metal Energy Mobilizes Second Drill Rig to Accelerate Drilling at Its NIV Copper-Gold Project
Company Statement: Aircraft Incident Near Prince George, British Columbia
Metal Energy Closes Additional Investment from Strategic Investors
Orecap Receives TSXV Acceptance for Stardust Agreement on McGarry Gold Project
Fox Tungsten receives C$2M in shares from Metal Energy
Metal Energy Prepares Initial Drill Program at Its Highland Valley Copper Project, British Columbia
Metal Energy Shareholders Approve All Matters at Annual General and Special Meeting
Orecap Shareholders Approve McGarry Option Transaction with Stardust Metal
Metal Energy Receives Multi-Year Drill Permit for District-Scale Highland Valley Copper Project, On Strike with Canada's Largest Copper Mine
Metal Energy Commences Inaugural Drill Program at Its NIV Project, Toodoggone District, British Columbia
Orecap Exercises All Warrants in Awalé Resources, Increasing Stake to Over 10.6 Million Shares
Metal Energy Announces Drill Program at NIV
Metal Energy Announces Corporate Update
Metal Energy Planning 2026 Drilling on Its NIV Project, Toodoggone District, North-Central British Columbia
Metal Energy to Participate in PDAC 2026 and Ore Day VIP Investor Lunch
Metal Energy Appoints Charlie Greig as CEO
Metal Energy Closes $9.25 Million Financing with Centerra Gold and Teck
Metal Energy Completes Right of First Refusal Agreement on NIV Copper-Gold Project in British Columbia
Metal Energy Announces Additional Strategic Investor: Teck Acquires 9.9% Equity Interest to Fund Exploration on the NIV Property in BC
Metal Energy Announces $9.3 Million Financing; Centerra Gold to Become a Strategic Shareholder