Member Posts > Power Nickel Inc. Evolves into Power Metallic Mines Inc. to Align with Broader Metal Exploration
As it expands its focus beyond nickel, Power Nickel Inc. is now Power Metallic Mines Inc., effective February 21, 2025. This rebranding reflects the company's diversified multi-metal deposit, which now includes copper, PGEs, gold, and silver in addition to nickel.
Stock Symbols Remain PNPN and PNPNF
Despite the new branding, the company's trading symbols remain unchanged.
$50M Financing Secured for Future Growth
Investor enthusiasm led to a $10 million increase in private placement funding, raising the total to $50 million, backed by BMO and Hannam UK.
TSX Venture 50 Recognition Underscores Market Strength
With a 365% stock price increase, Power Metallic Mines earned the #1 mining spot and fourth overall in the 2024 TSX Venture 50.
Looking Ahead: Doubling Exploration in 2025
With a solid financial foundation, the company is preparing to expand its drilling program in the Lion Zone discovery.

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