Core Viewpoint - Metal Energy Corp. is updating its projects and announcing a share consolidation to enhance its capital structure and evaluate new acquisition opportunities in high-quality mining jurisdictions [1][2]. Project Updates - The company is actively assessing additional acquisition opportunities to expand its portfolio in prolific mining areas, specifically the Highland Valley District and the Thompson Nickel Belt [2]. Corporate Update - A consolidation of outstanding Common Shares will occur at a ratio of one new Common Share for every five currently outstanding shares, reducing the expected shares from 141,346,980 to approximately 28,269,396 post-consolidation [3][4]. - The consolidation is set to take effect on October 20, 2025, pending approval from the TSX Venture Exchange [4]. Shareholder Information - Registered shareholders will receive replacement certificates or direct registration advice for their post-consolidation shares, while holders of uncertificated shares will have their accounts electronically adjusted [5][6]. - The exercise price and number of Common Shares under outstanding warrants and stock options will be proportionately adjusted to reflect the consolidation [7]. Additional Information - Metal Energy operates two high-potential projects in Canada: the Manibridge project (Ni-Cu-Co-PGE) in Manitoba and the Highland Valley Project (Cu-Mo-Ag-Au-Re) in British Columbia [9].