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Metal Energy sells 550,000 shares at C$ 0.89 in Centerra, Teck top-up placement

Metal Energy sells 550,000 shares at C$ 0.89 in Centerra, Teck top-up placement

Reuters2026/08/21 16:57
  • Metal Energy closed a strategic share issuance to Centerra Gold, Teck Resources via top-up rights to maintain 9.9% stakes.
  • Issued 550,000 common shares at C$ 0.89 each for about C$ 490,000 in gross proceeds.
  • No warrants issued. No finder’s fees paid.
  • Proceeds earmarked for general corporate purposes, working capital.
  • Shares carry a four-month-and-one-day hold period. TSX Venture Exchange final approval pending.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Metal Energy Corp. published the original content used to generate this news brief via Newsfile (Ref. ID: 202608211257NEWSFILECNPR____20260821_310833_1) on August 21, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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