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Bullboard - Stock Discussion Forum
Metal Energy Corp
V.MERG
Alternate Symbol(s):
MEEEF
Metals & Mining
Industrial Metals & Minerals
Metal Energy Corp. is a Canada-based battery metal exploration company. The Company is focused on two projects in the Canadian jurisdictions: Manibridge (Ni-Cu-Co-PGE) in Manitoba, and SourceRock (Li-Na-K) in Ontario. The Manibridge Project is 85% owned by the Company and 15% owned by Mistango River Resources Inc. SourceRock is subject to an earn-in agreement where the Company can acquire 100...
% exploration rights to the project. The Manibridge Project is located in the Thompson Nickel Belt, Manitoba, Canada. Manibridge encompasses about 4,368 hectares (ha) and is located 20 kilometers (km) south of Wabowden, Manitoba. SourceRock is a drill-ready project, and it encompasses approximately 91,477 ha within the Proterozoic Sibley sedimentary basin, Thunder Bay-Nipigon area, Ontario. SourceRock is highly prospective for lithium brines in the Thunder Bay-Nipigon area of northwestern Ontario.
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TSXV:MERG - Post Discussion
Metal Energy Corp
> Metal Energy Acquires 49% of the Manibridge Project
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•••
Betteryear2
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Post by
Betteryear2
on Mar 29, 2022 5:52pm
Metal Energy Acquires 49% of the Manibridge Project
TORONTO
,
March 29, 2022
/CNW/ - Metal Energy Corp. ("the "
Company
" or "
Metal Energy
") (TSXV:
MERG
) is pleased to announce the acquisition of 49% interest in the Manibridge project ("
Manibridge
" or the "
Project
") effective
March 22, 2022
. The Company has also elected to continue exploration to earn up to 70% interest in Manibridge. These transactions are a part of Metal Energy's option agreement to earn up to 100% of Manibridge.
(9)
•••
hurko22
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Comment by
hurko22
on Mar 30, 2022 12:30am
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