Last checked at 28 Sep 2021 14:36
28 September 2021
Power Metal Resources plc
("Power Metal" or the "Company")
IPO Investor Participation
Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio announces an update regarding participation in planned project spin-out Initial Public Offers ("IPOs") being undertaken by the Company.
Investors wishing to consider participation in IPOs are invited to contact the Company providing their contact information through the following link:
https://www.powermetalresources.com/ipo/
Investor details will be forwarded to specific regulated brokers handling each IPO transaction who will make contact to gather additional information as required under regulatory rules and to ensure suitability of investors.
All Investors contacting the Company through the above link consent that their personal information may be used in the above manner only.
Paul Johnson, Chief Executive Officer of Power Metal Resources commented:
"As previously announced we have a number of planned IPOs in respect of spin out of project packages from the Power Metal business. We are keen to open participation in IPOs to a wider investor base and this online registration is one way in which we can do this."
For further information please visit https://www.powermetalresources.com/ or contact:
Power Metal Resources plc | |
Paul Johnson (Chief Executive Officer) | +44 (0) 7766 465 617 |
SP Angel Corporate Finance (Nomad and Joint Broker) | |
Ewan Leggat/Charlie Bouverat | +44 (0) 20 3470 0470 |
SI Capital Limited (Joint Broker) | |
Nick Emerson | +44 (0) 1483 413 500 |
First Equity Limited (Joint Broker) | |
David Cockbill/Jason Robertson | +44 (0) 20 7330 1883 |
Notes to Editors:
Power Metal Resources plc (LON:POW) is an AIM listed metals exploration company which finances and manages global resource projects and is seeking large scale metal discoveries.
The Company has a principal focus on opportunities offering district scale potential across a global portfolio including precious, base and strategic metal exploration in North America, Africa and Australia.
Project interests range from early-stage greenfield exploration to later-stage prospects currently subject to drill programmes.
Power Metal will develop projects internally or through strategic joint ventures until a project becomes ready for disposal through outright sale or separate listing on a recognised stock exchange thereby crystallising the value generated from our internal exploration and development work.
Value generated through disposals will be deployed internally to drive the Company's growth or may be returned to shareholders through share buy backs, dividends or in-specie distributions of assets.