Member Posts > Power Nickel Inc. Rebrands to Power Metallic Mines Inc. as It Expands Beyond Nickel
Power Nickel Inc. is embracing a broader vision with its official rebranding to Power Metallic Mines Inc., effective February 21, 2025. This change reflects the company's evolution from a nickel-focused operation to a polymetallic mining leader, with significant reserves of copper, platinum group elements (PGEs), gold, silver, and nickel.
Ticker Symbols Stay the Same
Despite the rebrand, Power Metallic Mines will continue trading under PNPN (TSX Venture) and PNPNF (OTCQB).
Institutional Support Grows with $50M Private Placement
Due to overwhelming investor demand, the company increased its private placement by $10 million, bringing total funding to $50 million. This marks Power Metallic Mines' first brokered financing, backed by BMO and Hannam UK.
Recognition as a TSX Venture 50 Leader
Power Metallic Mines ranked #1 in mining and #4 overall in the 2024 TSX Venture 50, with a 365% share price appreciation.
2025: A Pivotal Year for Growth
With full funding secured, the company is doubling its exploration programs, focusing on unlocking the potential of its Lion Zone discovery.
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