Power Metal Resources plc received £295,769 following notices to exercise warrants over 33,787,504 new ordinary shares of 0.1 pence each in the company.
The warrant shares are being issued pursuant to the exercise of 16,945,400 warrants per ordinary share of 0.1 pence each.
The exercise of 16,842,104 warrants are at an exercise price of 0.75 pence per ordinary share of 0.1 pence each.