Latest Share Chat

Power Metal Resources shareholders back share consolidation

Tue, 26th Mar 2024 14:02

(Alliance News) - Power Metal Resources PLC on Tuesday announced a proposed share consolidation has been approved by shareholders.

The London-based mineral exploration company said the resolution passed with 80% votes cast in favour of the consolidation.

Following this approval, every 20 ordinary shares of 0.1 pence will become a new ordinary share of 2p each.

Shares in Power Metal Resources were up 7.4% to 0.75 pence in London on Tuesday afternoon.

By Elijah Dale, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Related Shares

More News

23 Apr 2024 15:06

Power Metal Resources completes Molopo drillhole

(Sharecast News) - Power Metal Resources announced the completion of drillhole DDH1-14C at its Molopo Farms Complex project in southwestern Botswana o...

23 Apr 2024 14:26

Power Metal strikes high priority target in recent drilling effort

(Alliance News) - Power Metal Resources PLC on Tuesday announced the successful completion of a drilling campaign in Botswana.

10 Apr 2024 15:13

Power Metal Resources says shares admitted to trading on OTCQB

(Alliance News) - Power Metal Resources PLC on Wednesday said that its shares have been admitted to, and begun trading on, the OTCQB Venture Market in...

26 Mar 2024 15:39

TRADING UPDATES: BATM Advanced ink USD2.3 million orders

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