Power Metal Resources plc has raised £31,579 after an exercise of warrants. The company received a notice to exercise warrants over 4,210,526 new ordinary shares of 0.1 pence each in the company at an exercise price of 0.75p per warrant share.
Tag: Power Metal Resources plc
Power Metal receives £18,750 through warrant exercise
Power Metal Resources plc said it had raised £18,750 after receiving notices to exercise warrants over 2,500,000 new ordinary shares of 0.1 pence each. These were at an exercise price of 0.75p per warrant share.
Red Rock-Power Metal granted more licences
Red Rock Resources plc and Power Metal Resources plc joint venture has been granted three further exploration licences in the Victoria gold fields of Australia. EXPLORATION Red Rock Resources Australasia Pty Ltd (RRAL)’s subsidiary is New Ballarat Gold Corporation plc (NBGC). Red Rock holds 50.1% and Power Metal owns 49.9% in NBGC which now has 14 […]
Power Metal becomes operator at Molopo
Power Metal Resources plc has conditionally acquired additional interest to become the operator of the nickel sulphide-platinum group metals project at Molopo Farms Complex in Botswana. RESTRUCTURE The company purchased a further 58.7% in Kalahari Key Mineral Exploration Pty Ltd which holds a 60% interest in the project. Power Metal will acquire a further 15,002 Kalahari Key […]
Kavango-Power Metal intercept main target at Ditau
Kavango Resources plc said it had appeared to have intercepted the magnetic anomaly at the projected target depth at the rare earth element-base-precious metals project at Ditau Camp in Botswana. TARGET i10 The 50-50 joint venture, under the name of Kanye Resources plc, is between Kavango as the operator and Power Metal Resources plc. Kavango […]
FCM expects drilling to start soon at Pickle Lake JV
First Class Metals Ltd (FCM) said that drilling was soon due to start at its precious metals Pickle Lake property in North Hemlo in Ontario, Canada. PICKLE LAKE Pickle Lake comprises 33 single cell mining claims for which FCM has now received an exploration permit, ahead of earn-in partner Palladium One beginning a drill programme. […]