Member Posts > Power Nickel Inc. Becomes Power Metallic Mines Inc., Expanding its Critical Metals Focus
To align with its growing mineral potential, Power Nickel Inc. is rebranding as Power Metallic Mines Inc., effective February 21, 2025. This transition reflects the company's evolution into a leading polymetallic explorer, with significant deposits of copper, PGEs, gold, silver, and nickel.
CEO Terry Lynch, in an interview with Steve Darling from Proactive, highlighted that the name change represents the company's future growth strategy. Stock symbols PNPN (TSX Venture) and PNPNF (OTCQB) will remain unchanged.
Institutional Investment Backs Expansion
Due to high investor demand, Power Metallic Mines increased its private placement to $50 million, backed by BMO and Hannam UK.
TSX Venture 50 Success
Power Metallic Mines was ranked the top mining company and #4 overall after a 365% stock price increase.
2025: Scaling Up Exploration
The company is now fully funded to expand its exploration program, with a focus on the high-potential Lion Zone.
🔹 #CriticalMinerals #MiningGrowth #TSXV50 #NickelStocks #ExplorationInvestment #BatteryMetals