ExGen Resources Completes Acquisition of MTB Metals

Reuters12-20 06:30

ExGen Resources Completes Acquisition of MTB Metals

ExGen Resources Inc. has completed its acquisition of MTB Metals Corp., bringing all issued and outstanding securities of MTB under ExGen’s ownership. MTB shareholders received 0.286 ExGen common shares for each MTB share held. As a result of the transaction, there are now 109,149,808 ExGen shares issued and outstanding. Following the acquisition, Mark T. Brown, a director of MTB, has joined the ExGen board. ExGen CEO Jason Riley highlighted that the integration of MTB marks a pivotal milestone, positioning the company to pursue further growth and partnerships as an emerging royalty company.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ExGen Resources Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9605412-en) on December 19, 2025, and is solely responsible for the information contained therein.

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