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Power Metal Resources Nets GBP100,000 From Warrant Exercise

Fri, 21st Aug 2020 17:44

(Alliance News) - Power Metal Resources PLC said Friday it has received a notice to exercise 100.0 million warrants.

The shares are being issued at 1.0 pence each, netting Power Metal GBP100,000.

Shares in Power Metal Resources closed 2.0% lower in London on Friday at 1.25 pence each.

Following the exercise, Power Metal will have 787.8 million shares in issue.

By Paul McGowan; paulmcgowan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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