Member Posts > Power Nickel Inc. Becomes Power Metallic Mines Inc. to Reflect Polymetallic Potential
To better represent its growing resource base, Power Nickel Inc. has rebranded as Power Metallic Mines Inc., effective February 21, 2025. This transformation marks a shift from a nickel-centric strategy to a broader polymetallic mining approach, encompassing copper, PGEs, gold, and silver.
New Name, Same Stock Symbols
The company will maintain its trading symbols: PNPN on TSX Venture and PNPNF on OTCQB.
$50 Million Raised to Accelerate Exploration
The company upsized its private placement by $10 million, bringing total proceeds to $50 million, led by BMO and Hannam UK.
Ranked Among TSX Venture 50's Best Performers
With a 365% share price increase, Power Metallic Mines ranked #1 in mining and #4 overall in the 2024 TSX Venture 50.
What's Next? Doubling Exploration in 2025
The company is preparing for a major expansion in its drilling operations, prioritizing the Lion Zone discovery.

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