Power Metal Resources plc has today raised a further £61,250 after receiving notice to exercise warrants over 8,750,000 new ordinary shares of 0.1 pence each in the company. The warrant shares are being issued pursuant to the exercise of 8,750,000 warrants at an exercise price of 0.7 pence per ordinary share of 0.1 pence each.
Tag: Power Metal Resources plc
Power Metal reports high grade overlimit assay results at Silver Peak
Power Metal Resources plc reported high grade overlimit assay results from its 2021 diamond drilling exploration campaign at the Silver Peak project in British Columbia. SIGNIFICANT Phase 1 of the programme comprised 19 short cored drill holes with overlimit assays on all copper, antimony and lead results which returned >10,000 ppm (1%) from the original laboratory […]
Power Metal receives £43,750 via warrant exercise
Power Metal Resources plc received notices to exercise warrants over 6,250,000 new ordinary shares of 0.1 pence each in the company, for £43,750. The warrant shares have an exercise price of 0.7 pence per ordinary share.
Kavango targets majority share in Molopo
Kavango Resources plc said it had entered an exclusive three-month option to acquire the majority share of the nickel-copper-platinum group elements Molopo Farms Complex project in Botswana. BUSINESS PARTNERS In an all-share transaction Kavango would acquire 85.23% of Kalahari Key Mineral Exploration Proprietary Ltd (KKME) which owns prospecting licences PL310/2016, PL311/2016 and PL202/2018 at Molopo. […]
Power Metal notes start of test pitting at Alamo gold project
Power Metal Resources plc announced the start of a test pitting programme targeting coarse gold mineralisation at the Alamo project in Arizona, USA. PROGRAMME The permitted programme allows for the excavation of up to six test pits (three at Breccia Hill and three at Big Boulder Wash), and five percussion drill holes. The company said that the geological […]
Power Metal completes acquisition of FDR
Power Metal Resources plc said it had completed its 100% acquisition of First Development Resources Pty Ltd (FDR) which holds gold-copper interests in the Paterson Region of Western Australia. ACQUISITION The Paterson interests are held by First Development Resources Limited (FDR) which now has a 100% interest in local Australian operating company First Development Resources Pty Ltd (FDR Australia). Power Metal has an […]