Member Posts > Power Nickel Inc. Unveils New Identity as Power Metallic Mines Inc.
Power Nickel Inc. has officially announced a corporate rebranding to Power Metallic Mines Inc., effective February 21, 2025. CEO Terry Lynch shared the news with Steve Darling from Proactive, explaining that the company's diversified mineral profile made this shift essential.
The company's trading symbols (PNPN on TSX-V and PNPNF on OTCQB) remain unchanged.
Beyond Nickel: A New Era of Growth
The company's flagship deposit now hosts significant reserves of copper, platinum group elements (PGEs), gold, silver, and nickel, strengthening its position in the critical minerals sector.
Private Placement Increased to $50M Due to Demand
Investor confidence has prompted a $10 million increase in financing, bringing the total to $50 million. BMO and Hannam UK led the first brokered financing, highlighting institutional interest.
TSX Venture 50 Success
Power Metallic Mines has been ranked #1 in mining and #4 overall, with a 365% stock price gain.
What's Next? 2025 Expansion Plans
With a robust exploration budget, the company plans to double its drilling program, prioritizing the Lion Zone discovery.

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