Metal Energy Receives 100,000 Metre Drill Permit for 3-Years on Manibridge Project

Metal Energy Corp. (the " Company " or " Metal Energy ") (TSXV: MERG) is pleased to announce it has received a 3-year Work Permit (the " Permit ") from the province of Manitoba to allow for 100,000 metres of diamond drilling on the high-grade nickel and copper Manibridge Project (the " Project " or " Manibridge ") in the Thompson Nickel Belt of Manitoba .

"This is a big step forward for Metal Energy as operators advancing Manibridge. The Permit provide us the necessary approval to continue definition drilling of the Manibridge Mine target, expanding on the Manibridge North high-grade nickel deposit, and drill testing kilometres of prospective greenfield exploration targets over the next 3 years ( Figure 1). We are optimistic that there are more high-grade nickel and copper greenfield discoveries to be made on the Project. Still, we are more confident that the historic Manibridge Mine target has significant growth opportunities for a viable nickel-copper resource. We are weeks away from starting Phase Two's 10,000 metre summer drill campaign, which is largely focused on delineating a resource on the Manibridge Mine target," said James Sykes , CEO of Metal Energy.

10,000 Metre Phase Two Drill Program on Manibridge

Preparations for Manibridge's Phase Two 10,000 metre diamond drill program are underway, with Metal Energy now acting as operator of the Project. The drilling contractor, accommodations, support services, and the Permit have all been secured. The Company anticipates mobilization of the drill program during the first days of June.

The Company has approximately $5.5 million in cash and is fully-funded to carry out the Phase Two drill program.

Recently Completed Phase One Drill Program on Manibridge

The recently completed Phase One drill campaign included six drill holes (MNB001 to MNB006) for over 2,350 metres. All drill holes successfully intersected nickel-copper sulphide mineralization; assay results are pending. Confirmation of nickel-copper sulphides ranged from 3.7 m thickness to 16.8 m thick, including a couple of drill holes intersecting small occurrences of massive net-textured sulphides. For full details, see Metal Energy news release dated May 2 , 2022.

The Company is preparing an in-depth video presentation to detail Phase One's drill program results, including its interpretations of mineralization controls and vectors for higher-grade nickel and copper occurrences.

Table 1 - Selected Historic Drill Intersections on Manibridge

Hole Number	Location	From (m)	To (m)	Interval (m)	%Ni	*%Nim**
6-60	Underground	33.83	75.59	41.76	1.80	75.02
W50-39	Mined	98.45	163.98	65.53	1.10	72.14
W50-27	Mined	185.93	210.01	24.08	2.93	70.61
W50-34	Mined	86.26	110.64	24.38	1.88	45.76
W50-31	Mined	244.75	261.52	16.77	2.67	44.84
W50-05	Mined	311.51	336.80	25.29	1.57	39.64
MN08-01	Surface	156.50	195.75	39.25	0.98	38.47
W50-28	Mined	203.30	211.99	8.69	4.15	36.07
W50-09	Mined	178.92	198.73	19.81	1.80	35.62
6-42A	Underground	270.51	287.43	16.92	1.98	33.44
W50-33	Mined	274.93	289.56	14.63	2.15	31.50
W50-50	Surface	184.40	196.60	12.20	1.24	15.13

Notes to Table 2:

Cut-off grade = 0.3% Ni
Maximum consecutive internal dilution = 3.0 m downhole
Historic drill holes have not been verified or confirmed with twinned drill holes
Metal Energy considers "high-grade" to be nickel mineralization with a concentration greater than 0.8% Ni.
All reported depths and intervals are drill hole depths and intervals, unless otherwise noted, and do not represent true thicknesses, which have yet to be determined.

FIGURE 1 – Manibridge Project Location and Future Drill Program Targets

About the Manibridge Project

Manibridge encompasses 4,368 hectares and is within the world-class Thompson Nickel Belt. The Project is 20 kilometers southwest of Wabowden , with significant infrastructure and capacity supporting previous exploration programs, including year-round highway access via Highway 6.

Metal Energy has acquired 49% interest in the Manibridge project effective March 22 , 2022. The Company has elected to continue exploration to earn up to 70% in Manibridge with a long-term objective for 100% ownership of Manibridge.

A bout Metal Energy Corp.

Metal Energy is a well-funded nickel and battery metal exploration company with two projects, Manibridge and Strange, in the politically stable jurisdictions of Manitoba and Ontario, Canada , respectively. Both projects are subject to earn-in agreements where the Company can acquire 100% exploration rights to approximately 16,200 hectares.

QP Statement

The technical information contained in this news release has been reviewed and approved by Mike Sweeny , P.Geo., Vice-President, Exploration & Development for Metal Energy, and a Qualified Person as defined in "National Instrument 43-101, Standards of Disclosure for Mineral Projects."

Reader Advisory

Certain information set forth in this news release contains forward-looking statements or information (" forward-looking ‎statements "), including details about the business of the Company. By their nature, forward-looking statements are subject to numerous risks ‎and uncertainties, some of which are beyond the Company's control, including the impact of general economic conditions, ‎industry conditions, volatility of commodity prices, currency fluctuations, environmental risks, operational risks, competition from ‎other industry participants, stock market volatility. Although the ‎Company believes that the expectations in its forward-looking statements are reasonable, its forward-looking statements have ‎been based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and ‎assumptions are based upon currently available information. Such statements are subject to known and unknown risks, ‎uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially ‎from those stated, anticipated or implied in the forward-looking statements. Accordingly, readers are cautioned not to place undue ‎reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. ‎Risks, uncertainties, material assumptions and other factors that could affect actual results are discussed in our public disclosure ‎documents available at www.sedar.com including the Filing Statement dated November 15, 2021 . Furthermore, the forward-looking statements contained in this document are made as of ‎the date of this document and, except as required by applicable law, the Company does not undertake any obligation to publicly ‎update or to revise any of the included forward-looking statements, whether as a result of new information, future events or ‎otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.‎

Neither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Metal Energy

View original content: https://www.newswire.ca/en/releases/archive/May2022/16/c4466.html

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Metal Energy TSXV: MERG Base Metals Investing

MERG:CA

Metal Energy Acquires 70% of the Manibridge Project, Gives Notice of Intent to Achieve 100% Ownership

Metal Energy Corp. ("the " Company " or " Metal Energy ") (TSXV: MERG) is pleased to announce the acquisition of 70% interest in the Manibridge project (" Manibridge " or the " Project ") effective August 16, 2022 . Metal Energy also announces it has elected to continue exploration to earn up to 100% interest in Manibridge and expects to complete this milestone in the near term.

"We were enthused about the recent results of Manibridge's Phase 1 drill program of intersecting wide high-grade nickel interceptions in every hole. These intersections and the visuals from Phase 2's drill core continue to affirm our belief that Manibridge has excellent redevelopment potential. We are very pleased to not only complete this milestone but do so well in advance of the original option agreement time frames," said James Sykes , CEO of Metal Energy.

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Metal Energy Assays Confirm High-Grade Nickel in All Drill Holes From Phase One Drill Program

Highlights Include:

0.92% Ni eq. over 32.95 m starting at 150.45 m including 1.24% Ni eq. over 11.45 m at 169.1 m in drill hole MNB004
0.81% Ni eq. over 13.5 m starting at 337.5 m in drill hole MNB003
1.13% Ni eq. over 9.0 m starting at 700.0 m including 1.62% Ni eq. over 5.0 m at 701.0 m in drill hole MNB006
Two drill holes intersected thick composite mineralization over 100 and 80 metres in length with 40% and 55% of those intervals being mineralized, respectively

Metal Energy Corp. (the " Company " or " Metal Energy ") (TSXV: MERG) is pleased to announce assay results ( Table 1 ) from the Phase One drill program (the " Program ") completed in March and April on the high-grade nickel and copper-cobalt Manibridge project (the " Project " or " Manibridge ") in the Thompson Nickel Belt, Manitoba. The Program successfully intersected high-grade nickel-sulphide mineralization over a one kilometre strike length within the shadow of the past-producing Manibridge mine that produced 1.3 million tonnes at 2.55% nickel and 0.27% copper from 1971 to 1977.

"The results from the Program are very encouraging and better than expected. They've answered many of our preliminary questions on Manbridge's Phase 1. These six holes have;

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Metal Energy Being Showcased at ORE DAY: Today 9 am ET

Metal Energy Corp. (" Metal Energy " or the " Company ") (TSXV: MERG) is pleased to announce that it will be featured at Ore Day which will be broadcast today June 10 th at 9 am ET at www.Oreday.com

Ore Day is a conference hosted by the Ore Group of Companies who focus on gold, copper, nickel, and uranium development projects.

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Metal Energy Starts 10,000 Metre Drill Program on its Manibridge High-Grade Nickel Project

Metal Energy Corp. (the " Company " or " Metal Energy ") (TSXV: MERG) is pleased to announce its started its Phase 2 10,000 metre drill program (the " Program ") on the high-grade nickel and copper Manibridge project (the " Project " or " Manibridge ") in the Thompson Nickel Belt, Manitoba . Drilling will focus within the shadow of the past-producing mine that produced 1.3 million tonnes at 2.55% nickel and 0.27% copper from 1971 to 1977.

"We're very excited to start this large drill program on Manibridge. There's a lot of underexplored potential within the shadow of the old mine workings and we intend to prove up the nickel and copper endowment. Our Phase 1 drill program within the same target area had a 100% drill hole intersection success, indicating that our model is accurate and hinting that a lot of nickel-copper sulphide mineralization remains to be discovered along this trend. Our current drill program will include a series of drill fans along twelve 50 metre-spaced drill setups. We believe this drill density will provide sufficient detail to accurately characterize the geology of the mineral system. We recently received permit approvals for up to 100,000 metres of diamond drilling on the Project; this is Phase 2 of a 2-year plan. We're committed to advancing Manibridge efficiently and effectively. There's potential for bulk tonnage mineralization within 300 metres of surface and we intend to start defining it with this drill program," said James Sykes , CEO of Metal Energy.

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Interra Copper Announces Private Placement Financing

Interra Copper Corp. (CSE: IMCX) (FSE: 3MX) ("Interra" or the "Company") is pleased to announce a non-brokered private placement of $2,000,000 units of the Company (the "Units" and each, a "Unit") at a price of $0.20 per Unit (the "Private Placement"). Each Unit shall consist of one common share in the capital of the Company (a "Share") and one Share purchase warrant (a "Warrant"), whereby each Warrant shall be exercisable at $0.25 into an additional Share for a period of 36 months from the date of issuance.

Proceeds from the sale of the Units will be used for general working capital purposes and to commence activities on the Rip Project acquisition. Closing of the Private Placement, subject to the receipt of all necessary regulatory and other approvals, is anticipated to occur prior to the end of September 2023.

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Warrant Exercise Price Reduction

Pampa Metals Corp. ("Pampa Metals" or the "Company") (CSE:PM)(FSE:FIRA)(OTCQB:PMMCD) is pleased to announce that it has obtained CSE approval of a reduction in the exercise price of a total of 1,708,588 warrants, on a post consolidated basis, issued in connection with its November 2022 private placement (the "2022 Warrants"). As detailed in the Company's August 10, 2023 news release, the 2022 Warrants had a pre-consolidation exercise price of $0.19 which has now been reduced to $0.095, on a post-consolidated basis

In compliance with CSE policies, a maximum of 177,778 2022 Warrants held by an insider has been repriced, and 69,185 2022 Warrants will continue to have a pre-consolidation exercise price of $0.19 (post-consolidation exercise price of $0.475).

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Forte Minerals Strengthens ESG Strategy with the Appointment of Lead Energy Advisor

Forte Minerals Corp. ("Forte" or the "Company") (CSE: CUAU) (OTQB: FOMNF) ( Frankfurt : 2OA) is pleased to announce Mike Carter as its Lead Energy Advisor, signifying its commitment to renewable energy and sustainable practices. Mr. Carter has an extensive background in renewable energy, which aligns seamlessly with Forte's dedication as a copper and gold exploration entity in Perú. This move underscores the Company's intent to champion an ESG framework by integrating a community-driven, environmentally conscious, and socially responsible approach to navigate the complexities of the energy transition.

Coupled with Forte's recent partnership with Social Suite to embark on its ESG reporting journey, Mike Carter's role as the Lead Energy Advisor will help guide this process and elevate the Company's position in the sustainable exploration and mining landscape. Mr. Carter is recognized for his in-depth knowledge of renewable energy, fortifying Forte's mission to amplify its ESG initiatives, particularly emphasizing community engagement, environmental stewardship, and societal obligations.

Patrick Elliott , Forte Minerals' President, remarked, " Mike Carter's prowess in renewable energy and deep-rooted insights into mineral exploration in South America significantly augment our team's capabilities. As a co-founder of Forte, Mike's insights are pivotal in our steadfast journey towards sustainable and renewable energy applications in the mineral exploration industry ."

Mike Carter's Distinguished Achievements:

Led critical mineral exploration projects in both Chile and Peru .
Directed global ventures in utility-scale solar, energy storage, and hydroelectric domains.
Played pivotal roles in diverse sectors, including mining, manufacturing, agriculture, and automotive industries.
Demonstrated visionary leadership at First Green Energy , emphasizing innovation and technological advancement.
He significantly impacted the World Bank's inaugural Climate Smart Mining conference, sharing insights on the economic benefits of integrating renewables into traditional mining.
Actively consults with major mining entities, offering expertise in integrating solar energy solutions.
Has successfully garnered over $15M in grant funding to champion pioneering solar initiatives in Alberta .
Led groundbreaking agrivoltaics work seamlessly blending utility-scale solar projects with agricultural practices.

To learn more about Mr. Carter, please visit our website .

Patrick Elliott added, "Mike's dual expertise underscores Forte Minerals' vision to lead sustainable exploration and mining practices, highlighting our unwavering commitment to championing the energy transition."

About Forte Minerals Corp.

Forte Minerals Corp., a junior exploration company that has blended assets in partnership with GlobeTrotters Resources Perú SAC, has built an attractive portfolio of high-quality copper and gold assets in Perú. The Company aims to generate significant value growth by strategically situating early-stage and drill-ready targets alongside a historically discovered and drilled porphyry system for copper and gold resource development.

On behalf of Forte Minerals CORP.
"/s/" Patrick Elliott
Chief Executive Officer

Certain statements included in this press release constitute forward-looking information or statements (collectively, "forward-looking statements"), including those identified by the expressions "anticipate", "believe", "plan", "estimate", "expect", "intend", "may", "should" and similar expressions to the extent they relate to the Company or its management. The forward-looking statements are not historical facts but reflect current expectations regarding future results or events. This press release contains forward looking statements. These forward-looking statements are based on current expectations and various estimates, factors and assumptions and involve known and unknown risks, uncertainties and other factors.

Forward-looking statements are not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Factors that could cause the actual results to differ materially from those in forward-looking statements include the continued availability of capital and financing, and general economic, market or business conditions, including the effects of COVID-19. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements. Although such statements are based on management's reasonable assumptions, there can be no assurance that the statements will prove to be accurate or that management's expectations or estimates of future developments, circumstances or results will materialize. The Company assumes no responsibility to update or revise forward-looking information to reflect new events or circumstances unless required by law. Readers should not place undue reliance on the Company's forward-looking statements.

Neither the Canadian Securities Exchange (the "CSE") nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.

View original content to download multimedia: https://www.prnewswire.com/news-releases/forte-minerals-strengthens-esg-strategy-with-the-appointment-of-lead-energy-advisor-301935698.html

SOURCE Forte Minerals Corp.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2023/22/c6124.html

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Insider / Pro Group Participation:

Placees	# of Placee (s)	Aggregate # of Shares

Aggregate Existing Insider Involvement:	1	250,000
Aggregate Pro Group Involvement:	1	1,100,000

Non-Arm's Length Party / Pro Group Participation:

Creditors	# of Creditors	Amount Owing	Deemed Price per Share	Aggregate # of Warrants

Aggregate Non-Arm's Length Party Involvement:	N/A	N/A	N/A	N/A
Aggregate Pro Group Involvement:	1	$91,760	N/A	86,362

Insider / Pro Group Participation:

Placees	# of Placee (s)	Aggregate # of Shares

Aggregate Existing Insider Involvement:	NA	NA
Aggregate Pro Group Involvement:	1	100,000

Placees	# of Placee (s)	Aggregate # of Units

Aggregate Existing Insider Involvement: Aggregate Existing Pro Group Involvement:	1 4	3,000,000 1,450,000

Number of Shares:	2,047,500 Non-Flow-Through (NFT) shares
	1,330,833 Flow-Through (FT) shares

Purchase Price:	$0.10 per NFT share
	$0.12 per FT share

Warrants:	1,689,167 share purchase warrants to purchase 1,689,167 shares

Warrant Exercise Price:	$0.15 for a two-year period

Number of Placees:	19 placees

Hole Number	Location	From (m)	To (m)	Interval (m)	%Ni	%Ni*m
6-60	Underground	33.83	75.59	41.76	1.80	75.02
W50-39	Mined	98.45	163.98	65.53	1.10	72.14
W50-27	Mined	185.93	210.01	24.08	2.93	70.61
W50-34	Mined	86.26	110.64	24.38	1.88	45.76
W50-31	Mined	244.75	261.52	16.77	2.67	44.84
W50-05	Mined	311.51	336.80	25.29	1.57	39.64
MN08-01	Surface	156.50	195.75	39.25	0.98	38.47
W50-28	Mined	203.30	211.99	8.69	4.15	36.07
W50-09	Mined	178.92	198.73	19.81	1.80	35.62
6-42A	Underground	270.51	287.43	16.92	1.98	33.44
W50-33	Mined	274.93	289.56	14.63	2.15	31.50
W50-50	Surface	184.40	196.60	12.20	1.24	15.13

Number of Shares:	4,000,000 shares

Purchase Price:	$0.125 per share

Warrants:	4,000,000 share purchase warrants to purchase 4,000,000 shares

Warrant Exercise Price:	$0.30 for a one-year period
	$0.30 for a two-year period

Number of Placees:	44 placees

Number of Shares:	13,690,635 common shares

Purchase Price:	$2.10 per common share

Number of Placees:	29 Placees

Number of Shares:	5,600,000 shares

Purchase Price:	$0.25 per share

Number of Placees:	11 placees

# of Warrants:	2,600,000
Original Expiry Date of Warrants:	December 31, 2023
New Expiry Date of Warrants:	June 30, 2024

Original Exercise Price of Warrants:	$0.20
New Exercise Price of Warrants:	$0.14

# of Warrants:	14,995,472
Original Expiry Date of Warrants:	December 31, 2023
New Expiry Date of Warrants:	June 30, 2024

Original Exercise Price of Warrants:	$0.20
New Exercise Price of Warrants:	$0.14

Number of Units:	5,513,900 Flow-Through Units
	800,000 Non-Flow-Through Units

Purchase Price:	$0.18 per FT unit
	$0.16 per NFT Units

Warrants:	3,556,950 share purchase warrants to purchase 3,556,950 shares

Warrant Exercise Price:	2,756,950 warrant @ $0.25 for two-year period
	800,000 warrant @ $0.18 for two-year period

Number of Placee:	14 Placees

Number of Shares:	800,000 common shares

Purchase Price:	$0.25 per common share

Warrants:	800,000 share purchase warrants to purchase 800,000 common shares

Warrant Exercise Price:	$0.25 for five years, subject to an accelerated expiry provision providing that the term of the warrants can be reduced to 30 days by the Company in the event the Company's shares trade at or above $0.50 per share for 10 consecutive trading days.

Number of Placees:	3 Placees

Convertible Debentures:	2,838 units were sold at a purchase price of $1,000 per unit, raising gross proceeds of $2,838,000. Each unit is comprised of one unsecured convertible debenture (each, a "Debenture") in the principal amount of $1,000 and 1,538 common share purchase warrants.

Conversion Price:	Each Debenture is convertible into 1,538 shares at $0.65 per share until maturity. Assuming full conversion, 2,838 Debentures are convertible into up to 4,364,844 shares.

Maturity date:	September 14, 2025 subject to Forced Conversion Right as defined below

Warrants	A total of 4,364,844 detachable warrants were issued. Each warrant entitles the holder to purchase one common share at the price of $0.715 per share for two years from the date of issuance, subject to an acceleration right.

Interest rate:	9% per annum, payable semi-annually in arrears. Interest may be paid in cash or in shares. Any issuance of securities to settle accrued interest will require the prior approval of the Exchange.

Forced Conversion Right:	Provided that the closing price of the Shares on the Exchange is equal to or greater than 200% of the Conversion Price for any ten (10) consecutive trading days, then at any time within 30 days after such tenth (10) consecutive trading day, the Corporation shall have the right, but not the obligation, to force the conversion of the principal amount of the Debentures into Shares at the Conversion Price in connection with a U.S. Exchange Listing or a Change of Control (the "Forced Conversion Right").

Number of Placees:	22 placees

Number of Shares:	4,000,005 shares

Purchase Price:	$0.55 per share

Warrants:	2,000,002 share purchase warrants to purchase 2,000,002 shares

Warrant Exercise Price:	$0.80 for a two-year period

Number of Placees:	51 placees

Number of Amended Warrants:	735,999
Original Expiry Date:	October 8, 2023
Corrected Original Expiry Date:	October 13, 2023
New Expiry Date:	March 31, 2024

Non-Arm's Length Party / Pro Group Participation:

Creditors	# of Creditors	Amount Owing	Deemed Price per Share	Aggregate # of Shares

Aggregate Non-Arm's Length Party Involvement:	3	$361,271.75	$0.016	23,241,672

Metal Energy Receives 100,000 Metre Drill Permit for 3-Years on Manibridge Project

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