Power Metals Resources PLC chief executive Paul Johnson joined Proactive's Stephen Gunnion with details of a £1.05 million placing that he said will enable the company to accelerate its business operations including strategic exploration activities and corporate opportunities.
Johnson telling Proactive that Power Metal has maintained a strong working capital position throughout 2021, notwithstanding significant investment in exploration and corporate development.
He said the company is now at a key point where extensive exploration activities are underway and corporate activities are intensifying.