RCS - Power Metal Res. - Release of Research Note

Power Metal ResourcesAnnouncement

15/12/2023 10:00

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RNS Number : 9906W  Power Metal Resources PLC  15 December 2023

15 December 2023

 

Power Metal Resources PLC

("Power Metal" or the "Company")

Release of Research Note

 

Power Metal Resources PLC (AIM:POW), the AIM listed metals exploration and
development company, announces that Resolve Research Limited has released an
updated Research Note (the "Note"), commissioned by Power Metal, on the
Company. The Note, titled 'Power Metal Resources - Ready to Drive Value in
2024', is available to view at:
https://resolveresearch.co.uk/wp-content/uploads/2023/12/Power-Metal-Resources-Update-Dec-23-Final.pdf
(https://resolveresearch.co.uk/wp-content/uploads/2023/12/Power-Metal-Resources-Update-Dec-23-Final.pdf)

 

For further information please visit https://www.powermetalresources.com/
(https://www.powermetalresources.com/)  or contact:

 Power Metal Resources plc
 Sean Wade (Chief Executive Officer)                                             +44 (0) 20 3778 1396

 SP Angel Corporate Finance (Nomad and Joint Broker)
 Ewan Leggat/Charlie Bouverat                                                    +44 (0) 20 3470 0470

 SI Capital Limited (Joint Broker)
 Nick Emerson                                                                    +44 (0) 1483 413 500

 First Equity Limited (Joint Broker)
 David Cockbill/Jason Robertson                                                  +44 (0) 20 7330 1883

 BlytheRay (PR Advisors)
 Tim Blythe/Megan Ray                                                            +44 (0) 20 7138 3204

 

NOTES TO EDITORS

Power Metal Resources plc - Background

Power Metal Resources plc (LON:POW) is an AIM listed metals exploration
company which finances and manages global resource projects.

The Company has a principal focus on opportunities offering district scale
potential across a global portfolio including precious, base and strategic
metal exploration in North America, Africa and Australia.

Project interests range from early-stage greenfield exploration to later-stage
prospects currently subject to drill programmes.

Power Metal will develop projects internally or through strategic joint
ventures until a project becomes ready for disposal through outright sale or
separate listing on a recognised stock exchange, thereby crystallising the
value generated from our internal exploration and development work.

Value generated through disposals will be deployed internally to grow the
Company, or may be returned to shareholders through share buy backs, dividends
or in-specie distributions of assets.

 

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