- Power Metal Resources said it had appointed Paul Johnson as its chief executive following a strategic review.

Johnson was previously executive director.

Andrew Bell would remain as executive chairman.

The company also said that it had decided to focus on large-scale metal discoveries in the power metal commodities, principally nickel, copper and cobalt.

It may also acquire interests outside Africa, should compelling opportunities arise in the future.

At 9:42am: [LON:POW] share price was +0.05p at 0.45p

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