Member Posts > Power Nickel Inc. Unveils a New Name: Power Metallic Mines Inc.
To align with its evolving mineral portfolio, Power Nickel Inc. has rebranded as Power Metallic Mines Inc., effective February 21, 2025. This transition represents the company's focus on expanding its resource base beyond nickel to include copper, PGEs, gold, and silver.
Trading Symbols Stay the Same
Power Metallic Mines will continue trading under PNPN on TSX Venture and PNPNF on OTCQB.
$50M Institutional Investment Strengthens Expansion Plans
The company upsized its private placement by $10 million, bringing total proceeds to $50 million, led by BMO and Hannam UK.
Power Metallic Mines Ranks #1 in Mining on the TSX Venture 50
With a 365% stock price increase, the company secured the top mining ranking and fourth overall in the 2024 TSX Venture 50.
Doubling Exploration in 2025
With strong financial backing, Power Metallic Mines will expand its drilling program, focusing on developing the Lion Zone discovery.

🔹 #NickelMining #BatteryMetals #PolymetallicDiscovery #TSXV50 #CriticalMetals #ExplorationGrowth