Finance Metals & Minerals News

Power Metal investee Katoro raises £815,000

Power Metal Resources plc’s investee Katoro Gold plc has raised £815,000 from a placing of 81,500,000 new ordinary shares at 1 pence per share, of par value £0.01 each.

Power Metal holds a direct 35% interest in the company as well as 10,000,000 shares and 10,000,000 warrants.