REG - Power Metal Res. - Historic transaction in own shares & TVR

Power Metal ResourcesAnnouncement

10/03/2026 13:00

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RNS Number : 0884W  Power Metal Resources PLC  10 March 2026

10 March 2026

Power Metal Resources PLC

("Power Metal" or the "Company")

 Historic transaction in own shares

Total Voting Rights

Power Metal Resources PLC (AIM:POW) the London-listed exploration company and
project incubator with a global project portfolio, announces that on 21
January 2026 it acquired 51,300 ordinary shares of 2 pence each in the capital
of the Company ("Ordinary Shares") through the Company's Joint Broker, SP
Angel Corporate Finance LLP, as follows:

Date of purchase: 21 January 2026

Number of Ordinary Shares purchased: 51,300 Ordinary Shares

Price paid per share: 15.25p

The Company holds these Ordinary Shares in Treasury.

Additionally, on 26 January 2026, the Company announced that it had purchased
252,000 Ordinary Shares, however, this should have stated that it had acquired
250,000 Ordinary Shares.

Following the transactions in the Company's Ordinary Shares, the Company now
holds 1,994,161 shares in Treasury.

Total Voting Rights

The total number of Ordinary Shares in issue, excluding shares held in
Treasury, is 113,616,276. This number represents the total voting rights in
the Company and may be used by shareholders as the denominator for the
calculation by which they can determine if they are required to notify their
interest in, or a change to their interest in, the Company under the Financial
Conduct Authority's Disclosure Guidance and Transparency Rules.

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)
 Rachael Brooks/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 metals
exploration company 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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