Power Metal Resources plc has further increased the number of shares held in its treasury, with the purchase of 102,997 ordinary shares of two pence each in the company.
APPROVAL
The 20 January transaction was at a price of 15.15p per ordinary share, and follows the acquisitions of 148,579 and 415,194 ordinary shares on 19 and 15 January, respectively, at the approximate same price.
The number of Power Metal shared held in treasury now totals 1,292,861.
In July 2025, shareholders approved Power Metal’s market purchases of up to 17,250,000 ordinary shares of two pence each.
The number of ordinary shares issued in the capital of the company, excluding shares held in treasury, is 114,317,576, each with equal voting rights.
Power Metal owns metals and mineral licence and investment interests in Canada, the USA, Africa and the Middle East.