Latest Share Chat

Power Metal Share News (POW)

Power Metal Information

Buy POW Shares
Add POW to Watchlist
Add POW to Alert

Share Price Information for Power Metal (POW)

Share Price is delayed by 15 minutes

Get Live Data

Share Price: 19.00

Bid: 18.50

Ask: 19.50

Change: 0.00 (0.00%)

Spread: 1.00 (5.405%)

Open: 19.00

High: 19.25

Low: 19.00

Prev. Close: 19.00

Last checked at -

IN BRIEF: Power Metals ups stake in Kalahari Key to 88%

Fri, 18th Nov 2022 16:51

Power Metal Resources PLC - London-based exploration company, with projects in Africa, Australia and North America - Completes transaction to increase interest in Kalahari Key Minteral Exploration Pty Ltd. Following completion, Power Metal now holds 88% interest in Kalahari Key. Kalahari Key holds 100% interest in Molopo Farms Complex project, southwestern Botswana. Power Metal therefore holds 88% interest in Molopo Farms project as well.

Says 2,600 metre diamond drill programme at Molop Farms is "progressing well". At T1-14 drill hole, company is testing electromagnetic superconductor. Downhole geophysics now complete on DDH1-6B drill hole, geophysics interpretations results "expected shortly".

Chief Executive Officer Paul Johnson said: "Today's confirmation that Power Metal has now completed the transaction and increased its interest in Molopo Farms to 87.71% is great news for the company."

Current stock price: 1.70 pence each, up 19% on Friday in London

12-month change: down 1.7%

By Chris Dorrell; chrisdorrell@alliancenews.com

More News

25 Nov 2022 13:39

Power Metal acquires North Wind lithium project by staking

(Alliance News) - Power Metal Resources PLC on Friday announced the acquisition by staking of the North Wind lithium project in Ontario, Canada.

7 Nov 2022 14:49

TRADING UPDATES: Mosman Oil & Gas achieves annual net output growth

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

4 Nov 2022 16:52

IN BRIEF: Power Metal Resources to sell uranium property in Canada

Power Metal Resources PLC - London-based exploration company, with projects in Africa, Australia and North America - Announces the conditional disposal of its 100%-owned E-12 uranium property in Saskatchewan, Canada. Signs a property purchase agreement with Teathers Financial PLC to acquire ownership of the property, subject to its initial public offering in London to be completed by December 31. Consideration is payable in GBP250,000 of Teathers shares at issue price of 1.24 pence per share and the retention of a 2% net smelter return royalty over the property.

3 Nov 2022 18:18

TRADING UPDATES: Gulf Marine wins deal; Kitwave trades in-line

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

28 Oct 2022 11:47

IN BRIEF: Power Metal gets regulatory approval for Kalahari purchase

Power Metal Resources PLC - London-based exploration company, with projects in Africa, Australia and North America - Says it has now received all regulatory approvals for acquisition of an additional 59% interest in Kalahari Key Mineral Exploration Pty Ltd.

27 Oct 2022 15:38

Power Metal says subsidiary on track to strike gold in Nevada

(Alliance News) - Power Metal Resources PLC on Thursday said it was optimistic about its investment in Golden Metal Resources Ltd, after a recent geophysical survey suggested the possibility of a Carlin-type gold discovery.

25 Oct 2022 17:24

Power Metal says site survey definitive after superconductor result

(Alliance News) - Power Metal Resources PLC on Tuesday said momentum continues to build at its Molopo project after a geophysical survey revealed "massive sulphides" at the licence.

20 Oct 2022 21:56

TRADING UPDATES: Fiske swings to loss; Nanoco sees loss widen

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

14 Oct 2022 10:30

Kavango Resources considers further exploration after system surprise

(Alliance News) - Kavango Resources PLC on Friday said it is considering next steps for drilling after the unexpected confirmation of an iron oxide copper gold system at its Ditau project.

5 Oct 2022 14:01

Power Metal adds to its uranium portfolio with Badger Lake purchase

(Alliance News) - Power Metal Resources PLC on Wednesday said it has added to its property portfolio with the purchase via claim staking of the Badger Lake uranium property in Canada's Athabasca Basin.

28 Sep 2022 11:49

IN BRIEF: Power Metal survey at Molopo in Botswana finds new conductor

Power Metal Resources PLC - metals exploration company focused on North America, Africa and Australia - Posts update on Molopo farms complex project in Botswana. Explains surveys covered target areas T1-T4, T1-3 and T2-3. Says "final results have highlighted a large, significant geophysical conductor at target area T2-3". Further, "This conductor has been given a high-priority, A+, ranking by the company, the same priority ranking granted to the conductor at T1-6, where drilling is ongoing."

26 Sep 2022 08:10

IN BRIEF: Evrima investee says drilling at Molopo Farms has begun

Evrima PLC - mining and exploration investor - On Thursday last week, notes update from partner Power Metal Resources PLC, which says inaugural drilling at Molopo Farms Complex project in Botswana has started. Power Metal says diamond core drilling at drillhole DDH1-6B is now underway and is targeting a "large southerly dipping conductor that was identified by the company's recently completed moving loop electromagnetic geophysics survey over the priority target area 1-6".

21 Sep 2022 20:02

TRADING UPDATES: AB Dynamics revenue up; SDI Group trades in line

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

15 Sep 2022 15:49

Power Metal announces Molopo update with drilling to begin soon

(Alliance News) - Power Metal Resources PLC on Thursday said that it has completed surveying and modelling at its Molopo Farms Complex project in Botswana.

Latest Share Chat

Power Metal Share News (POW)

Share Price Information for Power Metal (POW)

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

IN BRIEF: Power Metals ups stake in Kalahari Key to 88%

Login to your account

Quickpicks are a member only feature

Login to your account