MTB Metals Announces Securityholder and Court Approval for Plan of Arrangement With ExGen Resources

VANCOUVER, British Columbia, Dec. 16, 2025 (GLOBE NEWSWIRE) -- ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen”, the “Company”) and MTB Metals Corp. (TSXV: MTB, OTCQB: MBYMF, Frankfurt: M9U) (“MTB”): ExGen and MTB are pleased to announce that at the special meeting of securityholders of MTB held on December 11, 2025 (the “Meeting”), MTB shareholders (“Shareholders”) and optionholders (together with the Shareholders, the “Securityholders”) voted overwhelmingly in favour of the previously announced plan of arrangement (the “Arrangement”) between MTB and ExGen.