Metal Energy Corp (TSE:MERG) has released an update.
Metal Energy Corp. has announced the strategic acquisition of the Highland Valley Copper Project in British Columbia, which boasts significant infrastructure proximity and previous extensive drilling. The project, featuring potential for resource expansion, aligns with Metal Energy’s strategy to utilize historical data for identifying new drilling and development opportunities. The deal involves Metal Energy acquiring 100% of the project from Happy Creek Minerals Inc. through a cash payment and share issuance, making Happy Creek a significant shareholder.
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