Member Posts > Power Nickel Inc. Rebrands as Power Metallic Mines Inc. to Reflect Multi-Metal Potential
Power Nickel Inc. has announced a strategic rebrand to Power Metallic Mines Inc., effective February 21, 2025. The change reflects the company's evolution beyond nickel into a broader polymetallic opportunity, encompassing copper, platinum group elements (PGEs), gold, and silver.
Speaking with Steve Darling from Proactive, CEO Terry Lynch explained that the rebranding better aligns with the company's expanded resource focus. The company will continue trading under the same stock symbols: PNPN (TSX Venture) and PNPNF (OTCQB).
Strong Institutional Support for Expansion
Investor confidence remains high, with Power Metallic Mines increasing its private placement by $10 million, bringing total financing to $50 million. BMO and Hannam UK led this first-ever brokered financing, strengthening the company's institutional backing.
TSX Venture 50 Recognition Underscores Market Strength
The company was ranked #1 in mining and #4 overall in the 2024 TSX Venture 50, with a 365% stock price gain, outperforming the 207% average increase among TSX Venture 50 companies.
Aggressive Exploration Plans for 2025
Fully funded and ready for expansion, Power Metallic Mines plans to double its exploration activities, with a focus on further developing the high-potential Lion Zone discovery.

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