ExGen Resources Inc. and MTB Metals Corp. have completed their acquisition agreement, with ExGen acquiring all issued shares of MTB. This marks a significant milestone for ExGen, positioning them as an emerging royalty company in the market. The transaction details include ExGen acquiring 100% of MTB shares in exchange for ExGen shares, with approval from MTB’s securityholders and the Supreme Court of British Columbia. MTB shares are expected to be delisted from the TSX Venture Exchange, and ExGen intends to cease MTB’s public reporting obligations. Shareholders are advised to submit required documents for the transition. Additionally, Mark T. Brown from MTB will join ExGen’s board of directors.

Read more at GlobeNewswire: ExGen Resources Completes Acquisition of MTB Metals