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Power Metal Resources PLC (POW) Share News

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IN BRIEF: Power Metal Resources applies for US OTC market listing

24th Jul 2023 13:34

Power Metal Resources PLC - Metals exploration company focused on North America, Africa, and Australia - Says it intends to apply for a listing on the US OTC market to provide easier trading accessibility to US investors. Says exploration is underway at its Athabasca uranium interest in Saskatchewan, Canada and the Tati goldfields project in Botswana. Also notes its equity at June 30 was GBP15.5 million, up 52% from GBP10.2 million at September 30. Gross assets in the same period grew by 48% to GBP15.8 million from GBP10.7 million. Read More

Power Metal Resources agrees early completion of Authier North earn-in

12th Jul 2023 12:10

(Alliance News) - Power Metal Resources PLC on Wednesday said it has negotiated early completion of the Authier North earn-in to a 100% interest. Read More

TRADING UPDATES: Voyager Life pulls out of Polish deal with Goodbody

4th Jul 2023 16:42

(Alliance News) - The following is a round-up of updates by London-listed companies, issued Monday and not separately reported by Alliance News: Read More

Power Metal Resources interim loss narrows on lower costs

30th Jun 2023 14:28

(Alliance News) - Power Metal Resources PLC on Friday said its first-half loss narrowed on lower costs. Read More

TRADING UPDATES: abrdn New India, Chelverton UK net assets fall

29th Jun 2023 18:56

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Vertu Motors "optimistic"; Atrato in Ovo Energy deal

29th Jun 2023 17:59

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

IN BRIEF: Power Metal plans largest uranium exploration programme

21st Jun 2023 13:50

Power Metal Resources PLC - Metals exploration company, focused on North America, Africa, and Australia - Completes planning for its largest ever uranium focused exploration programme across its uranium portfolio, which includes work on at least 10 of the 17 properties. Says that it has acquired the Perch River uranium project, which covers a 9.41 kilometre area, and entirely within the prolific Athabasca Basin, Canada. Power Metals will carry out the exploration programme in conjunction with various different Canada-based geophysical and field contractors. Read More

UPDATE: Golden Metal finds further targets at Pilot Mountain project

20th Jun 2023 14:12

Golden Metal Resources PLC - Nevada, US-focused tungsten, gold, copper, silver and zinc exploration company - Says initial results from the Pilot Mountain project, located within the Walker Lake Mineral Belt in Nevada confirm the presence of three significant exploration targets. Says the Porphyry South target represents the most compelling porphyry deposit target identified to date at the project. Read More

TRADING UPDATES: Woodbois strikes repayment deal with Sydbank

6th Jun 2023 19:37

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News: Read More

IN BRIEF: Power Metal Resources updates on gold project in Botswana

30th May 2023 19:47

Power Metal Resources PLC - metals exploration company, focused on North America, Africa and Australia - Announces exploration update from its 100% owned Tati Gold Project located on the Tati Greenstone Belt near Francistown, Botswana. Says ground geophysics and trenching have been completed although a longer than usual rainy season led to the delay in the commencement of the planned infill soil geochemical sampling programme. Adds detailed geological mapping of the recently completed trenches has confirmed the geological setting in the Cherished Hope Mine area which is highlighted by gold mineralisation which is concentrated within quartz reefs. Notes analysis of ground magnetic geophysics results have highlighted the location of multiple post-mineralisation dolerite dykes which are known to persist throughout much of the TGB. Next exploration steps will be finalised and communicated to the market. Read More

TRADING UPDATES: Catenae hails court; Golden Metals likes copper find

22nd May 2023 16:10

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More

Power Metal raises GBP2.7 million through placing of shares

9th May 2023 18:32

(Alliance News) - Power Metal Resources PLC on Tuesday said it raised GBP2.7 million via a placing of its shares. Read More

TRADING UPDATES: Goldplat nine-month operating profit falls

5th May 2023 19:25

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More

TRADING UPDATES: Yourgene Health sees revenue above market forecasts

27th Apr 2023 17:35

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News: Read More

TRADING UPDATES: Deepverge reviews funding, proposes Microsaic deal

19th Apr 2023 17:39

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More

UK shareholder meetings calendar - next 7 days

23rd Mar 2023 15:47

Read More

IN BRIEF: Red Rock Resources, Power Metal hail gold drilling testing

15th Mar 2023 18:51

Red Rock Resources PLC- Africa and Australia-focused gold and base metals development company - and Power Metal Resources PLC - metals exploration company, focused on North America, Africa and Australia - Release update for Victoria, Australia-based joint venture at Berringa gold mine project, which is 50.1% held by Red Rock and 49.9% held by Power Metal. Says drilling is completed with a total of six diamond drillholes totalling 988 metres, with the majority of drill core samples undergoing assay testing at a laboratory. "Four of the six drill holes completed as part of this programme encountered visible gold," companies highlight. Power Metal Resources Chief Executive Officer Sean Wade says: "Importantly, 4 of 6 drill holes encountered visible gold including a significant 30-metre-wide mineralised quartz vein in the final hole completed - which remains open downhole." Read More

EXECUTIVE CHANGES: Power Metal Resources picks new CEO, confirms chair

10th Mar 2023 11:16

(Alliance News) - The following is a round-up of London-listed company director and manager changes announced this week and not separately reported by Alliance News: Read More

IN BRIEF: Power Metal Resources raises funds to pay for drill costs

6th Mar 2023 18:51

Power Metal Resources PLC - London-listed exploration company - Raises GBP257,825 through issue of 11.5 million shares at a price of 2.25 pence each. Plans to use proceeds for drill costs in relation to the recently completed Molopo Farms Complex diamond drill programme in Botswana. Read More

Power Metal annual loss widens as operating expenses increase

6th Mar 2023 14:08

(Alliance News) - Power Metal Resources PLC on Monday reported a higher loss in the financial year ended September 30, as operating expenses rose. Read More

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