Metal Energy Announces Corporate Update

Executive Summary

• Alexander Stewart resigns as a director of Metal Energy Corp.
• Colin Samples is appointed as an independent director, effective immediately, pending TSX Venture Exchange approval.
• The board highlights Mr. Samples’ experience in business development, stakeholder engagement, and Indigenous community relations to support ongoing projects in British Columbia.

Key Details

• Resignation: Alexander Stewart steps down from the Board of Directors; the company thanks him for his service.
• Appointment: Colin Samples appointed as an independent director, effective immediately.
• Background of New Director:
• Experience in business development, operations, and stakeholder engagement.
• Involved in project development, transaction processes, strategic growth initiatives, and has founded/exited private businesses.
• Worked with BC Hydro on capital infrastructure and stakeholder initiatives.
• Member of the Cook's Ferry Indian Band (British Columbia).
• Board Statement: Stephen Stewart, Chairman, notes Mr. Samples’ familiarity with British Columbia and Indigenous communities will aid project advancement.
• New Director Quote: Colin Samples expresses enthusiasm for joining the board and supporting company growth.
• Regulatory Note: Appointment subject to final approval by the TSX Venture Exchange.

Notable Quotes

• “Colin brings a strong combination of business development experience and stakeholder engagement expertise,” – Stephen Stewart, Chairman.
• “I am pleased to join the Board of Metal Energy and look forward to supporting the Company's continued growth,” – Colin Samples.