Power Metal Resources plc directors today bought an aggregate 703,800 new ordinary shares, each at a average price of 12.5 pence per ordinary share in the company, for a total £87,975. INTERESTS Chief executive officer Sean Wade purchased 150,000 new ordinary shares each at 12p, 250,000 shares at 12.9p and 103,800 at 12.6p. Non-executive director […]
Tag: Power Metal Resources plc
UEE changes name and focus
Uranium Energy Exploration plc has changed its name to The Smarter Web Company, focused on business and domestic software development. DIRECTORS UEE was established by Power Metal Resources plc as a potential listed company for part or all of its portfolio in Saskatchewan, Canada. The licences instead became part of a joint venture, Fermi Exploration […]
Katoro changes name to Focus Xplore
Katoro Gold plc, with a recently increased number of assets in Canada, has changed its name to Focus Xplore plc. EXPANSION The company, which last month exited Tanzania, has a new portfolio comprising 641 mining claims with priority for six lithium and one rare earth element projects. Focus also owns 100% of the White Pine […]
Power Metal to drill Drake Lake
Power Metal Resources plc uranium joint venture joint plans a diamond drilling programme at Drake Lake – Silas in the Central Mineral Belt of Newfoundland and Labrador, Canada. TARGETS The property covers two non-contiguous licences covering 1,250 hectares with the campaign beginning in June focused on the western licence of Drake Lake. Drilling in eight […]
Power Metal looks to sell Silver Peak interest
Power Metal Resources plc has signed an option agreement to sell its 30% interest in Silver Peak Resources Ltd, holding the historic Eureka-Victoria silver mine in southern British Columbia. STREAMLINE In 2020, the company exercised an earn-in option to the project and committed CA$225,000 to ground exploration. In April the following year, Power Metal and joint […]
Power Metal finds potential targets at Reitenbach
Power Metal Resources plc revealed “multiple prospective targets” from exploration at the joint venture Reitenbach uranium property in Northern Saskatchewan, Canada. DRILLING The results follow Summer 2024 fieldwork by the company under its JV, Fermi Exploration, with investor and 70% owner-partner UCAM Ltd. The company said that the Nuphar and Goodleap targets in the northeast of […]