Power Metal Resources plc has appointed Edmund (Ed) Charles Frederick Edmund Shaw as non-executive director.
Mr Shaw, aged 47, is an experienced City finance professional took up his position on 19 February 2021.
His previous directorships include Dunton Capital LLP, Manders & Shaw Limited and ShawCap Limited.
He is currently director at NewPeak Capital LLP and Hutton Capital LLP.
In line with the previous grant of share options to directors in 2019, Mr Shaw will be awarded with options over 5 million ordinary shares of 0.1 pence each in the company (ordinary shares) at an exercise price of 1.0p per ordinary share vesting immediately.
In addition to the share options outlined above Mr Shaw currently holds 5 million ordinary shares representing 0.905% of Power Metal’s issued share capital and a warrant over 5 million ordinary shares with an exercise price 0.70p.