Member Posts > Power Nickel Inc. Becomes Power Metallic Mines Inc., Signaling Broader Resource Focus
Power Nickel Inc. has officially rebranded as Power Metallic Mines Inc., effective February 21, 2025, to reflect the company's expansion into a polymetallic resource base beyond nickel.
In an interview with Steve Darling from Proactive, CEO Terry Lynch stated that this name change aligns with the company's growing reserves of copper, PGEs, gold, silver, and nickel. Trading symbols PNPN (TSX Venture) and PNPNF (OTCQB) will remain the same.
Investor Demand Drives $50 Million Financing
A $10 million upsize in the company's private placement increased total financing to $50 million, marking its first-ever brokered financing, led by BMO and Hannam UK.
Industry Recognition: TSX Venture 50 Top Performer
Power Metallic Mines was ranked the top mining stock and fourth overall on the 2024 TSX Venture 50, with a 365% stock price increase.
2025 Outlook: Expanded Exploration & Development
The company is gearing up to double its exploration program, focusing on unlocking further value in the Lion Zone discovery.

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