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Fox Tungsten Ltd (TSX-V:FOXT, OTC:HPYCF, FRA:1HC) has more than doubled its Metal Energy Corp (TSX-V:MERG, OTCQB:MEEEF). stake after receiving nearly 2.4 million shares as payment under a deferred consideration agreement tied to the Highland Valley Project in British Columbia.

Highlights Drill ready and permitted. In July 2026 the Company received a multi-year, area-based Mines Act drill permit authorizing up to 50 drill sites, 11.7 kilometres of new exploration trail and 80 line-kilometres of geophysical surveying.

Toronto, Ontario--(Newsfile Corp. - July 29, 2026) - Metal Energy Corp. (TSXV: MERG) (OTCQB: MEEEF) (the "Company" or "Metal Energy") is pleased to announce that shareholders approved all matters put before them at the Company's Annual General and Special Meeting of Shareholders (the "Meeting") held on July 28, 2026. "We appreciate the continued support of our shareholders at the Meeting," said Charlie Greig, CEO of…

Highlights Multi-year permit secured. Metal Energy has received a multi-year area-based (MYAB) Mines Act drill permit for its 100%-owned Highland Valley Copper Project, authorizing up to 50 drill sites, 11.7 kilometres of new exploration trail, and 80 line-kilometres of geophysical surveying over a multi-year horizon.

Highlights: Drilling at NIV is underway, with the first hole collared at the Property's high-priority northern target 6,000+ metres planned across 12 drill holes along the full length of the large-scale NIV porphyry system Drilling will target compelling geophysical features that coincide with strongly anomalous soil geochemistry and exposures of altered volcanic and intrusive rocks Metal Energy is well financed…