Member Posts > Power Nickel's Unstoppable Rise: $50M in New Capital, Market Recognition, and Expansion Plans
Power Nickel Inc. is making waves in the mining industry, backed by record-breaking financing, strong investor support, and a strategic shift toward polymetallic resources.
Key Highlights Driving Growth:
• C$50M Private Placement Growth - Due to overwhelming investor interest, the company expanded its financing by C$10M, fueling its high-grade discoveries at Nisk.
• Major Investors Take Notice - Power Nickel has attracted backing from Robert Friedland and Rob McEwen, two of the most respected names in mining.
• TSXV Recognition - With a 365% share price increase, Power Nickel is the top-performing mining company on the TSX Venture Exchange.
The Bigger Picture:
With fresh capital and a rebrand to Power Metallic Mines Inc., the company is expanding beyond nickel, reinforcing its role as a leader in battery metals and green mining.

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