TIDMPOW

Power Metal Resources PLC

15 July 2019

15 July 2019

Power Metal Resources plc ("Power Metal Resources" or the "Company")

Kalahari Key Botswana - New Website

Power Metal Resources plc (LON:POW) the AIM listed Africa focused metal exploration and development company is pleased to advise that Kalahari Key Mineral Exploration Pty Limited ("Kalahari Key"), a company in which Power Metal Resources has an 18.26% shareholding, has now published an updated website which may be viewed through the following link:

https://kalaharikey.co.uk/

Power Metal Resources also has a right by 31 December 2019 to elect to earn into a 40% direct project interest in the Molopo Farms Complex project (the "Project"), a Nickel-Copper-PGMs exploration project 100% owned by Kalahari Key, through an investment of US$500,000 in the Project by 31 December 2020.

Should the Company elect to earn in, Power Metal Resources will hold an effective economic interest of 50.96% in the Project.

For further information please visit https://www.powermetalresources.com/ or contact:

 
Power Metal Resources plc 
Paul Johnson (Executive Director)                     +44 (0) 7766 465 617 
SP Angel Corporate Finance (Nomad and Joint Broker) 
Ewan Leggat                                           +44 (0) 20 3470 0470 
 

SI Capital Limited (Joint Broker)

Nick Emerson +44 (0) 1483 413 500

 
 
 

Notes to Editors:

Power Metal Resources plc (LON:POW) is an AIM listed African focused metals exploration and development company exploring for the key metals used in power generation, transmission, storage and utilisation. The Board and team of advisors, who have proven expertise in exploration, mining and project generation, have identified an opportunity to utilise the Company's position to become a leader in the London market for investors to gain exposure to the power metal commodity suite, particularly cobalt, lithium, copper and nickel.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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July 15, 2019 05:03 ET (09:03 GMT)

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