MTB Metals Announces Securityholder and Court Approval for Plan of Arrangement With ExGen Resources

Core Viewpoint - ExGen Resources Inc. is set to acquire MTB Metals Corp. following overwhelming approval from MTB's securityholders for the proposed arrangement, with completion expected on December 19, 2025 [1][2][4]. Group 1: Arrangement Details - The arrangement involves ExGen acquiring all issued and outstanding securities of MTB, with each MTB share exchanged for 0.286 of one common share in ExGen [2]. - At the special meeting, 94.31% of votes cast by shareholders and 94.52% of votes cast by all securityholders approved the arrangement [3]. - The completion of the arrangement is subject to customary closing conditions, including approval from the TSX Venture Exchange [4]. Group 2: Company Profiles - MTB Metals Corp. is advancing two copper-gold projects in the Golden Triangle of northern British Columbia, with significant copper and gold occurrences reported [5]. - ExGen Resources Inc. focuses on funding exploration and development through joint ventures, aiming to build a diverse portfolio of projects across various commodity groups [6].