StockMarketWire.com - Power Metal Resources said it had raised £0.7m via a share placing to allow it to potentially invest in the Molopo Farms Complex nickel and copper prospect in Botswana.

New shares in the company were issued at 0.4p each.

The balance of the proceeds would be mainly applied to the advancement of the company's other African power metal interests, it said.


At 2:11pm: [LON:POW] share price was +0.03p at 0.4p



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