TORONTO, Jan. 13, 2022 /CNW/ - Metal Energy Corp.
("Metal Energy" or the "Company") (TSXV: MERG) is
pleased to announce that Mike Sweeny
has been appointed the Company's Vice President, Exploration &
Development.
Mike is a professional geologist (P.Geo) with over 30 years of
experience and a strong focus on nickel, copper and platinum group
element ("Ni-Cu-PGE") minerals systems. Previously he held
various positions, including Senior Geologist, for numerous
underground and surface exploration programs with
Falconbridge-Xstrata-Glencore. He played primary roles in the
discoveries of the Onaping Depth Deposit (currently in
development), Fraser Morgan Deposit (currently in production), and
was a part of the exploration team that discovered the recent Ni
Rim Depth and Norman West Footwall deposits, for a combined total
close to 65 million tonnes of nickel and copper resources. Mike has
extentive experience in managing and designing underground and
surface exploration programs from grassroots discovery to
definition drilling leading to production. Mike started his career
with the Ontario Geological Survey focussed on the Lac des Iles PGE
deposit, Thunder Bay area,
NW Ontario. He holds a Masters of
Geology from Western University.
"We are very excited to have Mike join Metal Energy as Vice
President, Exploration & Development, as his long-standing
career spanning 30 years showcases numerous successes through the
discovery of many nickel deposits and helping lead them into
production. Mike has a strong technical understanding of the
Thompson Nickel Belt in Manitoba
and the Thunder Bay area in
Ontario, both of which host the
Company's exploration projects, Manibridge and Strange,
respectively. His skill sets will prove invaluable to move our
projects forward in a timely fashion. I look forward to working
directly with Mike and benefitting from his vast knowledge of
Ni-Cu-PGE minerals systems," commented James Sykes, CEO of Metal
Energy.
About Metal Energy Corp.
Metal Energy is a well-funded
nicel 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.
Neither TSX Venture Exchange 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.
Forward-looking statements
Except for the statements of historical fact, this news
release contains "forward-looking information" within the meaning
of the applicable Canadian securities legislation that is based on
expectations, estimates and projections as at the date of this news
release. "Forward-looking information" in this news release
includes information about the Company's expectations regarding
future operations and other forward-looking information. Factors
that could cause actual results to differ materially from those
described in such forward-looking information include, but are not
limited to, the application of the proceeds of the Offering as
anticipated by management and the inability to obtain the necessary
TSX Venture Exchange approval to complete the Offering. The
forward-looking information in this news release reflects the
current expectations, assumptions and/or beliefs of the Company
based on information currently available to the Company. In
connection with the forward-looking information contained in this
news release, the Company has made assumptions about the Company's
ability to close the Offering, that the Company's financial
condition and development plans do not change as a result of
unforeseen events, and that the Company will receive all required
regulatory approvals, TSX Venture Exchange approval, for the
Offering.
Although the Company believes that the assumptions inherent
in the forward-looking information are reasonable, forward-looking
information is not a guarantee of future performance and
accordingly undue reliance should not be put on such information
due to the inherent uncertainty therein. The Company does not
assume any obligation to update the forward-looking statements, or
to update the reasons why actual results could differ from those
reflected in the forward-looking statements, unless and until
required by applicable securities laws. Additional information
identifying risks and uncertainties is contained in the Company's
filings with the Canadian securities regulators, which filings are
available at www.sedar.com
SOURCE Metal Energy