Power Metal Resources’ Post

Druces Capital Markets team advises Power Metal Resources PLC in a strategic financing deal securing £2 million with plans for a uranium-focused joint venture with ACAM LP. Power Metal Resources, a leading exploration company focused on the development of its diverse mineral portfolio, has announced that it has entered into a legally binding subscription agreement with ACAM LP, pursuant to which it will invest £2 million in Power Metal Resources by way of a loan note, with attaching warrants. Druces played a pivotal role in advising Power Metal Resources throughout this transaction, marking yet another success for our valued client. More information can be found below. #CapitalMarkets #DrucesLLP #DealAnnouncement 

Power Metal Resources PLC (AIM:POW) raise £1.3million in strategic financing, cornerstoned by investors in the UK and Saudi Arabia 💲💲 "Power Metal is highly active in its exploration and corporate activities and we expect to announce further important news from across our varied business interests in the near term" "Corporately, we have been seeking to augment our shareholder register with strategic high net worth and institutional investors, to further strengthen the ownership of the Company and achieve a greater proportion of the Company's shares in the hands of long term investors" "This process, started in May 2023 with the involvement of Rick Rule's investing vehicle, continues with this announcement today, with the Financing cornerstoned by UK-based high net worth investors and, for the first time, a strategic Saudi Arabian investor" "Importantly, we are also demonstrating the Company's ability to secure funds from new sources, giving our shareholders confidence in the ability of the Company to robustly finance its ambitious plans" - Power Metal Resources Chief Executive Officer Sean Wade #AIM #LON #Exploration #Investing #Mining Subscribe to the weekly Stock Market Newsletter www.themarketbull.com.au

Red Metal Resources Executes Definitive Agreement to Acquire 100% Interest in Mineral Claims Package in Ville Marie, Quebec, Contiguous to Recent Hydrogen Discovery Red Metal Resources President and CEO, Caitlin Jeffs stated, "We have finalized our acquisition of these prospective mineral claims and are actively evaluating additional acquisitions in the area. Red Metal is actively planning an initial comprehensive exploration program directly next to QIMC's recent hydrogen discovery. This new property represents an exciting opportunity to expand our clean energy portfolio as we continue to advance our Carrizal Copper/Gold property in Cordillera, Chile." Learn about our 1,100 hectare #Hydrogen project and our Chilean #Copper project at RedMetalResources.com $RMES.C 🇨🇦 | $RMESF 🇺🇸 | $1660 🇩🇪 #hydrogen #copper #criticalminerals

Phil Carroll and Kevin Hornsby are joined by Sean Wade, CEO of Power Metal Resources PLC, to discuss an exciting development. Power Metal Resources PLC (AIM:POW, OTCQB:POWMF) has announced a £2 million strategic financing agreement with ACAM LP through a loan note subscription with warrants. The company has also entered an eight-week exclusivity period and signed a non-binding term sheet with ACAM to form a uranium-focused joint venture involving Power Metal’s uranium licences. ACAM, a natural resource-focused partnership, will invest £10 million for a 70% stake in Power Metal Resources Canada Inc., with potential additional payments of up to £4 million. This joint venture is set to replace the planned IPO of Uranium Energy Exploration plc, with costs covered by the loan proceeds. The financing terms include 13,333,333 warrants exercisable at 15 pence per share over five years and notes bearing 10% annual interest. Sean Wade expresses confidence in the transaction's potential to add significant value for shareholders. Join us as we delve into the details of this strategic move and what it means for the future of Power Metal Resources. Youtube: https://lnkd.in/ebVzS6bB Audioboom: https://lnkd.in/e_Rri7qT Power Metal Resources

#ASXNews Evolution commences strategic investor process Evolution Energy Minerals is pleased to announce it has engaged Treadstone Resource Partners as strategic and financial advisors. Treadstone will coordinate and broaden the Company’s ongoing process of identifying and advancing workflows with strategic investors for the financing of the Chilalo #Graphite Project. • Treadstone Resource Partners has been engaged as strategic and financial advisors to coordinate and broaden the Company’s ongoing strategic investor process, aiming to secure additional financing support for the development of Chilalo • Board changes initiated to increase Board independence with Managing Director, Phil Hoskins, transitioning to the role of Chief Executive Officer • Major shareholder ARCH has replaced its nominee to the Board #EV1’s Chief Executive Officer, Phil Hoskins, commented: “Following recent changes in the global graphite and anode supply chain, along with the validation provided by BTR’s investment and offtake arrangements, the Company has seen increased inbound interest from strategic investors. I am pleased with the level of graphite market understanding demonstrated by these interested parties, acknowledging that coarse flake graphite, such as that which will be produced at Chilalo, is essential for the economic viability of graphite mines.” See the full announcement: https://bit.ly/3yOGcK7 #EvolutionEnergyMinerals #MiningNews #ASX

Volta Metals has solidified its lithium holdings by acquiring additional mineral claims adjacent to its Falcon West Lithium Project in northwestern Ontario. The newly acquired claims, spanning 820 hectares, effectively merge with the company's Falcon West and Crescent Lake lithium projects, creating an extensive and strategically positioned land package within the Seymour-Falcon Lithium Belt. Volts Metals now holds a 100% interest in these claims, granting the vendors a 1.5% net smelter returns royalty. The company has also acquired the 'Lee Creek' Project, located within the same Caribou Lake greenstone belt as @greentechnologymetals' Seymour project and @midexresources' Crescent Lake project, both known for their outcropping lithium-bearing pegmatites. These strategic acquisitions reinforce Volta Metals' commitment to expanding its lithium assets and enhancing its exploration capabilities, positioning the company to capitalize on the growing demand for lithium in battery technologies and renewable energy sources. #lithium #mining #voltametals #ontariomining #strategicacquisitions

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has agreed to acquire Arcadium Lithium in an all-cash deal valued at US$6.7 billion, marking a significant move to strengthen its leadership in #energytransitioncommodities.  The US$6.7 billion ($9.96 billion) all-cash deal for US$5.85 per share represents a premium of 90% to Arcadium’s closing price of US$3.08 per share on October 4, 2024, and a 39% premium to its volume-weighted average price since the company’s formation in January 2024. “You can’t just go to buy something cheaply. This is a very fair price and it’s a good day for both the shareholders of Rio Tinto and Arcadium,” Rio Tinto CEO Jakob Stausholm said. “It is an outstanding business today and we will bring our scale, development capabilities and financial strength to realise its full potential.” More at #Proactive #ProactiveInvestors #energytransition #lithium #ASX http://ow.ly/yrgL105Lvae

We are pleased to share that our client, Cadence Minerals (AIM: KDNC), has made significant progress on the Amapá Ore Project. The latest economic study reveals outstanding advancements. Kiran Morzaria, CEO of Cadence Minerals, stated: "On behalf of our Board, I am thrilled with the positive outcomes from the updated economic study at the Amapá Ore Project, along with further significant progress made at Amapá. The increased net present value of US$1.145 billion and the enhanced post-tax internal rate of return demonstrate substantial improvements to the Project's already robust economics.   The ongoing development of the 67% 'Green Iron' processing flow sheet and the Project's 100% renewable power source exemplify our commitment to propelling Amapa forward to meet the growing demand for low-carbon iron ore and steel, while at the same time demonstrating a potential 43% uplift in projected annual net operating profit.   We are optimistic about the potential of the Amapá Iron Ore Project and look forward to providing further updates on our progress in the future." #CadenceMinerals #SustainableMining #EconomicGrowth #GreenIron #Innovation #MiningIndustry https://lnkd.in/ejHtcqDG

Source: BNN Breaking Aterian plc Boosts Portfolio with Strategic Acquisition of Atlantis Metals. The rationale behind this acquisition lies in Aterian’s focus on #minerals crucial for the energy transition, specifically #copper and #lithium. As these critical minerals witness a surge in demand, particularly from the renewable energy and electric vehicle sectors, Aterian aims to emerge as a key player. The acquisition agreement stipulates a minimum expenditure of $0.8 million and the retention of the current owner, a professional geologist, for management and exploration services. https://lnkd.in/gaHt-fDw

Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) is spending nearly $7 billion to acquire diverse lithium company Arcadium Lithium, a sign of confidence in the long-term demand for lithium. Earlier this week, Rio Tinto announced its plan to acquire Arcadium Lithium PLC (NYSE:ALTM, ASX:LTM) in an all-cash transaction valued at $5.85 per share, representing a 90% premium to Arcadium's recent closing price. The deal, which values Arcadium at approximately $6.96 billion in enterprise value, underscores Rio's strategic push to expand its footprint in lithium production, a key component in the global energy transition. According to Jefferies, the acquisition aligns with... http://ow.ly/53qs105LzqW