Metal Energy Completes Right of First Refusal Agreement on NIV Copper-Gold Project in British Columbia

Core Viewpoint - Metal Energy Corp. has completed a right of first refusal agreement to acquire the remaining 20% interest in the NIV and West NIV properties, enhancing its ownership consolidation strategy in a promising copper-gold porphyry target in British Columbia [1][2]. Group 1: Agreement Details - The right of first refusal (ROFR) agreement allows Metal Energy to purchase the remaining interest on the same terms as any third-party transaction, supporting the company's goal to consolidate up to 100% ownership of the NIV properties over time [2]. - Following the agreement's closing, the company issued 600,000 common shares as consideration, which are subject to a four-month hold period and require final approval from the TSX Venture Exchange [3]. Group 2: Company Overview - Metal Energy Corp. is focused on critical metals exploration, particularly copper and gold assets in Canada, and now controls the NIV project, which is fully permitted and drill-ready [4]. - The company's portfolio includes three high-potential projects: NIV, Highland Valley, and Manibridge, indicating a strong position in the mining sector [7].