Member Posts > Power Nickel Inc. Becomes Power Metallic Mines Inc., Emphasizing Its Polymetallic Strength
To reflect its broader mining focus, Power Nickel Inc. is now Power Metallic Mines Inc., effective February 21, 2025. This transformation highlights the company's expansion beyond nickel into copper, PGEs, gold, and silver-key minerals in the renewable energy and technology sectors.
Stock Symbols Remain the Same
Despite the rebranding, Power Metallic Mines continues to trade under PNPN (TSX Venture) and PNPNF (OTCQB).
$50M Private Placement Secured
Investor enthusiasm led to an increase of $10 million in private placement funding, raising total proceeds to $50 million. This first-ever brokered financing, supported by BMO and Hannam UK, demonstrates strong institutional confidence.
Top Performer in TSX Venture 50
With a 365% share price appreciation, Power Metallic Mines secured the #1 mining spot and fourth overall in the 2024 TSX Venture 50.
2025: A Year of Expansion
The company is preparing to double its exploration efforts, with a major focus on the Lion Zone discovery.

🔹 #MiningInvestments #PolymetallicDiscovery #NickelInvesting #BatteryMetals #TSXV50 #CriticalMetals