Metals & Minerals News

Power Metal receives £107,213 via warrant exercise

Power Metal Resources plc has received £107,213 following notices to exercise warrants over 11,773,926 new ordinary shares of 0.1 pence each in the company.

Exercise of 7,563,400 warrants was at 1.0 pence per ordinary share and 4,210,526 warrants at 0.75 pence per ordinary share.

Following admission, the company’s issued share capital will comprise 1,087,181,372 ordinary shares of 0.1p each, with voting rights.