RNS Precis.....5pm24 May 2021 18:22
CHIEF EXECUTIVE OFFICER STATEMENT
Paul Johnson Chief Executive Officer of Power Metal Resources plc commented:
"Good progress is being made with the FDR Australia acquisition work, in terms of general administration matters and also, importantly, in exploration planning. It is evident from our initial work that there are large exploration targets in the Transaction licence areas and we are keen to move ahead with ground exploration.
"The work also continues to pursue a potential listing for FDR UK following the planned acquisition of FDR Australia. There is a lot of activity underway and therefore I expect further updates to the market in due course."