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Market Cap: £15.70m
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IN BRIEF: Power Metal Resources Notes Progress On Botswana Project

Tue, 18th Aug 2020 14:40

Power Metal Resources PLC - metals exploration and development company focused on North America, Australia and Africa - Announces that the environmental management plan for the Kalahari Key Mineral Exploration Pty Ltd Molopo Farms complex project in Botswana has been approved by the local government. The plan covers planned drilling operations and represented the last formal regulatory step prior to commencement of drilling. Power Metal has an 18% shareholding in Kalahari Key. Two Shields Investments PLC noted the progress and also has a 18% stake in Kalahari Key.

Current stock price: 1.24 pence

Year-to-date change: up over 100%; 0.38 pence on December 31, 2019.

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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