Member Posts > Power Nickel Inc. Rebrands to Power Metallic Mines Inc. as It Expands Its Resource Horizons
Power Nickel Inc. has officially rebranded as Power Metallic Mines Inc., effective February 21, 2025. The name change reflects the company's transformation from a nickel-focused explorer into a diversified polymetallic mining company, unlocking potential in copper, platinum group elements (PGEs), gold, silver, and nickel.
Speaking with Steve Darling from Proactive, CEO Terry Lynch emphasized that while the name is evolving, the company's stock symbols-PNPN on the TSX Venture Exchange and PNPNF on the OTCQB-will remain the same.
Institutional Investment Drives $50M Financing Expansion
Due to strong investor demand, the company upsized its private placement by $10 million, bringing total proceeds to $50 million. BMO and Hannam UK led this first-ever brokered financing, demonstrating growing institutional confidence in Power Metallic Mines.
TSX Venture 50 Recognition Validates Market Strength
Ranked #1 in mining and fourth overall in the 2024 TSX Venture 50, Power Metallic Mines saw a 365% stock price increase, significantly outperforming the 207% average gain of its TSX Venture 50 peers.
Aggressive Exploration Plans for 2025
Fully funded, the company is gearing up to double its exploration activities, with a major focus on the high-potential Lion Zone discovery.

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