Member Posts > Power Nickel Inc. Rebrands to Power Metallic Mines Inc. to Reflect Expanding Resource Portfolio
In a bold move to align with its evolving mineral deposits, Power Nickel Inc. has officially rebranded as Power Metallic Mines Inc., effective February 21, 2025. CEO Terry Lynch, in a recent interview with Steve Darling from Proactive, stated that the name change reflects the company's transition from a nickel-focused firm to a diversified polymetallic exploration company.
The rebranding does not affect trading symbols, with PNPN on the TSX Venture Exchange and PNPNF on the OTCQB remaining unchanged.
Unlocking a Multimetal Opportunity
While originally focused on nickel, the company's primary deposit now contains copper, platinum group elements (PGEs), gold, and silver in substantial quantities. With increasing global demand for these metals in renewable energy, electric vehicles, and industrial applications, Power Metallic Mines is well-positioned for sustained growth.
Strong Institutional Support for Expansion
A $10 million upsize in its private placement has increased total financing to $50 million, demonstrating strong investor confidence. This financing, led by BMO and Hannam UK, marks the company's first brokered deal, reinforcing its growing reputation in institutional markets.
Recognized as a TSX Venture 50 Leader
Power Metallic Mines was ranked #1 in mining and #4 overall in the TSX Venture 50 for 2024, with a 365% stock price increase that outperformed market trends.
A Pivotal Year Ahead
With funding secured, 2025 will see the company doubling its exploration activities, focusing on the promising Lion Zone discovery.

🔹 #PolymetallicMining #MiningStocks #TSXV50 #GreenMining #Nickel #Copper #PGM #BatteryMetals