Business

Metal Energy Announces Right of First Refusal Agreement on Remaining 20% Interest in NIV

The Right of First Refusal acquisition provides a clear path to 100% ownership of a fully permitted, district-scale copper-gold porphyry targetROFR strengthens long-term optionality of NIV, ensuring Metal Energy can match any third-party offer and consolidate the Property by matching termsNIV represents one of BC's most compelling undrilled porphyry copper-gold- targets; it features extensive high tenor copper- and gold-in-soil anomalies, overlying coincident chargeability and resistivity...

articleTdg Gold CorpNovember 19, 20253/company/tdggoldcorp/news/metal-energy-announces-right-of-first-refusal-agreement-on-remaining-20percent-interest-in-niv
Metal Energy Announces Right of First Refusal Agreement on Remaining 20% Interest in NIV

About this update from Tdg Gold Corp

[{"type":"list","items":[{"val":[{"type":"text","content":"The Right of First Refusal acquisition provides a clear path to 100% ownership of a fully permitted, district-scale copper-gold porphyry target","length":143,"tagName":"p"}]},{"val":[{"type":"text","content":"ROFR strengthens long-term optionality of NIV, ensuring Metal Energy can match any third-party offer and consolidate the Property by matching terms","length":147,"tagName":"p"}]},{"val":[{"type":"text","content":"NIV represents one of BC's most compelling undrilled porphyry copper-gold- targets; it features extensive high tenor copper- and gold-in-soil anomalies, overlying coincident chargeability and resistivity highs","length":213,"tagName":"p"}]},{"val":[{"type":"text","content":"NIV lies in the Toodoggone District, with similar geology to the Kemess mine and associated deposits, and to recent discoveries such as Aurora (Amarc) and Aurora West (TDG Gold)","length":177,"tagName":"p"}]},{"val":[{"type":"text","content":"NIV is permitted, with targets well-defined and drill-ready","length":59,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":739,"olType":false},{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - November 19, 2025) - Metal Energy Corp. (TSXV: MERG) (OTCQB: MEEEF) (the "Company" or "Metal Energy") is pleased to announce that it has entered into a right of first refusal agreement (the "ROFR Agreement") in respect of the remaining 20% interest (the "Remaining Interest") in the mineral tenures comprising the NIV and West NIV properties in the Toodoggone District of British Columbia (collectively, the "Property"). The Company previously announced the option to acquire an 80% interest in the Property on October 23, 2025 (see News Release here), with drilling planned to commence in 2026 following finalization of targets and logistics.","length":754,"tagName":"p"},{"type":"text","content":""We are pleased to secure this right of first refusal over the remaining 20% at NIV," said Stephen Stewart, Chairman of Metal Energy. "This agreement enhances our long-term optionality to consolidate ownership of a highly compelling, fully permitted copper-gold porphyry target in one of British Columbia's most prospective districts."","length":359,"tagName":"p"},{"type":"text"...

More updates from Tdg Gold Corp

Metal Energy