12:18 Thu 10 Sep 2020
Power Metal - Exercise of Warrants

("Power Metal" or the "Company")
Exercise of Warrants
The Warrant Shares are being issued pursuant to the exercise of warrants at 1.0p per share and subscription monies of
ADMISSION AND TOTAL VOTING RIGHTS
Application will be made for the 2,250,000 Warrant Shares to be admitted to trading on AIM which is expected to occur on or around
Following Admission, the Company's issued share capital will comprise 801,066,542 ordinary shares of 0.1p each. This number will represent the total voting rights in the Company, and may be used by shareholders as the denominator for the calculation by which they can determine if they are required to notify their interest in, or a change to their interest in, the Company under the
For further information please visit https://www.powermetalresources.com/ or contact:
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| +44 (0) 7766 465 617 |
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SP Angel Corporate Finance (Nomad and Joint Broker) | |
| +44 (0) 20 3470 0470 |
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SI Capital Limited (Joint Broker) | |
| +44 (0) 1483 413 500 |
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David Cockbill/Jason Robertson | +44 (0) 20 7330 1883 |
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Notes to Editors:
The Company has a global portfolio of project interests including precious metal exploration in North America and Australia together with base metal exploration in Africa. Project interests range from early stage greenfield exploration to later stage drill ready prospects.
The Board and its team of advisors have expertise in project generation, exploration and development and have identified an opportunity to utilise the Company's position to become a leader in the London market for investors wishing to gain exposure to proactive global metals exploration.
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