ExGen Resources Inc. and MTB Metals Corp. announce overwhelming shareholder approval for their plan of arrangement, with completion expected on December 19, 2025. Under the arrangement, each MTB share will be exchanged for 0.286 of one common share in ExGen. MTB is advancing two copper-gold projects in British Columbia’s Golden Triangle, with promising results from their Telegraph and Southmore properties. ExGen is a project accelerator focusing on joint ventures and partnerships to fund exploration and development. The completion of the arrangement is subject to customary closing conditions and TSX Venture Exchange approval.

Overall, both companies are looking forward to finalizing the arrangement, which will see ExGen acquiring all issued and outstanding securities of MTB. The strategic move is a significant step for both companies, with shareholders showing strong support for the plan. Additionally, MTB’s projects in the Golden Triangle show great potential for copper and gold exploration, further enhancing the value of the arrangement for all parties involved.

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