Member Posts > Power Nickel Rebrands as Power Metallic Mines, Secures $50M to Expand Polymetallic Resources
Power Nickel Inc. is now Power Metallic Mines Inc., marking a strategic evolution into a premier polymetallic exploration company. The rebrand, effective February 21, 2025, follows breakthrough discoveries at the Nisk Project in Quebec, where drilling has confirmed copper, platinum, and palladium mineralization alongside nickel.
A Name That Reflects Growth
With polymetallic resources exceeding expectations, the company's new name reflects its broader exploration goals and increasing value to the clean energy sector.
CEO Terry Lynch stated:
"We have uncovered a world-class polymetallic deposit, and our new identity reflects that success."
$50M Private Placement to Accelerate Development
To fuel exploration and development, Power Metallic Mines has raised its private placement to $50 million, positioning itself for long-term growth in battery metals and sustainable mining.
New website launching February 21, 2025: www.PowerMetallic.com
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