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RNS Number : 5915O Power Metal Resources PLC 13 January 2026
13 January 2026
Power Metal Resources PLC
("Power Metal" or the "Company")
Transaction in own shares
Power Metal Resources PLC (AIM:POW) the London-listed exploration company and
project incubator with a global project portfolio, is pleased to announce that
it has purchased a total of 81,943 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: 12 January 2026
Number of Ordinary Shares purchased: 81,943 Ordinary Shares
Price paid per share: 14.679p
The Company intends to hold these Ordinary Shares in Treasury. Following the
purchase of the above Ordinary Shares, the Company now holds 520,537 shares in
Treasury.
Following the above purchase, the total number of Ordinary Shares in issue,
excluding shares held in Treasury, is 115,089,900. 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.
This announcement contains inside information for the purposes of Article 7 of
the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic
law by virtue of the European Union (Withdrawal) Act 2018 ("MAR"), and is
disclosed in accordance with the Company's obligations under Article 17 of
MAR.
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 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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