Member Posts > Power Metallic Mines Emerges from Power Nickel, Reinventing Itself with $50M for Exploration
Power Nickel Inc. has rebranded as Power Metallic Mines Inc., effective February 21, 2025, reflecting its expanded focus on polymetallic exploration. This transition follows significant high-grade copper, platinum, and palladium discoveries at its Nisk Project in Quebec.
Beyond Nickel: A Broader Vision
Recent drilling in the Lion Zone has confirmed the presence of major polymetallic deposits, requiring a name that fully represents the company's diverse resource base.
"Our rebrand is more than just a new name," said CEO Terry Lynch. "It signals our commitment to unlocking the full potential of our high-grade discoveries."
$50M Private Placement to Expand Operations
With an increased $50 million private placement, Power Metallic Mines is investing in rapid exploration and resource development, ensuring it plays a key role in the clean energy and battery supply chains.
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