REG - Power Metal Res. - Completion of Initial Minestarters Investment

Power Metal ResourcesAnnouncement

16/10/2025 16:30

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RNS Number : 7261D  Power Metal Resources PLC  16 October 2025

16 October 2025

Power Metal Resources PLC

("Power Metal" or the "Company")

Completion of Initial Minestarters Investment

 

Power Metal Resources PLC (AIM: POW, OTCQB: POWMF), the London-listed
natural resources exploration company and project incubator with a global
project portfolio, is pleased to announce the legal completion of its proposed
initial 35 per cent investment in Kingia FZCO ("Kingia"),  a company
incorporated as a Freezone Company in Dubai (announced 4 September 2025).
Kingia will be renamed Minestarters in due course. Minestarters is an
institutional-grade, blockchain-enabled Decentralised Finance ("DeFi")
Tokenisation Platform.

Power Metal holds an option to increase its holding to up to 49 per cent for a
further £2 million share subscription in cash, subject to milestone delivery.

About Minestarters

Minestarters plans to be the first DeFi platform to offer investors regulated,
compliant and transparent access to mineral exploration and development
through the US$25 billion - and growing - RWA tokenisation market. As well as
the ability to invest in the portfolio, the platform will offer automated
benefit sharing, 24/7 liquidity and project transparency.

Minestarters tokens will give investors access to a curated portfolio of
global exploration and development projects. As these projects advance, the
Minestarters platform aims to capture and distribute their real-world value
growth, simultaneously benefitting investors whilst directing essential
funding to a pipeline of highly prospective mining assets. This provides
global investors with direct, liquid exposure to an asset class that has
traditionally been difficult for retail investors to access, and for
institutions to access efficiently.

Through this innovative approach, Minestarters aims to bridge the early-stage
funding gap by channeling at least one per cent of the US$200 billion annual
investment into the mining sector through its blockchain-enabled platform.

 

The information contained within this announcement is deemed by the Company to
constitute inside information as stipulated under the Market Abuse Regulation
(EU) No. 596/2014 as it forms part of UK domestic law by virtue of the
European Union (Withdrawal) Act 2018. Upon the publication of this
announcement via a Regulatory Information Service, this inside information is
now considered to be in the public domain. 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 LLP (Nomad and Joint Broker)
 Ewan Leggat/Jen Clarke                                   +44 (0) 20 3470 0470

 Tamesis Partners LLP (Joint Broker)
 Richard Greenfield/Charlie Bendon                        +44 (0) 20 3882 2868

 BlytheRay (PR Advisors)
 Tim Blythe/Alastair Roberts                              +44 (0) 20 7138 3204
                                                          powermetalresources@blytheray.com

NOTES TO EDITORS

Power Metal Resources plc (AIM: POW, OTCQB: POWMF) is a London-listed
natural resources exploration company and project incubator which finances and
manages global resource projects and is seeking large scale metal discoveries.

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, Saudi
Arabia, Oman 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 drive the
Company's growth or may be returned to shareholders through share buy backs,
dividends or in-specie distributions of assets.

 

 

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