TIDMPOW

Power Metal Resources PLC

15 December 2023

15 December 2023

Power Metal Resources PLC

("Power Metal" or the "Company")

Release of Research Note

Power Metal Resources PLC (AIM:POW), the AIM listed metals exploration and development company, announces that Resolve Research Limited has released an updated Research Note (the "Note"), commissioned by Power Metal, on the Company. The Note, titled 'Power Metal Resources - Ready to Drive Value in 2024', is available to view at: https://resolveresearch.co.uk/wp-content/uploads/2023/12/Power-Metal-Resources-Update-Dec-23-Final.pdf

   For further information please visit   https://www.powermetalresources.com/  or contact: 
 
Power Metal Resources plc 
Sean Wade (Chief Executive Officer)                   +44 (0) 20 3778 1396 
 
 
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 
 
BlytheRay (PR Advisors) 
Tim Blythe/Megan Ray                                  +44 (0) 20 7138 3204 
 
 

NOTES TO EDITORS

Power Metal Resources plc - Background

Power Metal Resources plc (LON:POW) is an AIM listed metals exploration company which finances and manages global resource projects.

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 grow the Company, or may be returned to shareholders through share buy backs, dividends or in-specie distributions of assets.

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END

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(END) Dow Jones Newswires

December 15, 2023 04:50 ET (09:50 GMT)

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