Member Posts > Power Nickel Inc. Rebrands as Power Metallic Mines Inc., Signaling a New Era
As part of its long-term growth strategy, Power Nickel Inc. is now Power Metallic Mines Inc., effective February 21, 2025. This shift reflects the company's expansion beyond nickel to include copper, PGEs, gold, and silver, aligning with growing demand for key industrial and battery metals.
Stock Symbols Remain the Same
Power Metallic Mines will continue trading as PNPN on TSX Venture and PNPNF on OTCQB.
$50M Institutional Financing Secured
Investor enthusiasm led to an increase in the company's private placement by $10 million, bringing total funds raised to $50 million. Major institutional investors, including BMO and Hannam UK, backed this financing round.
Recognized in the TSX Venture 50
With a 365% share price increase, Power Metallic Mines earned the top mining ranking and fourth overall in the TSX Venture 50 for 2024.
Scaling Up Exploration in 2025
The company plans to double its drilling operations, targeting high-value areas like the Lion Zone discovery.

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