Directorate Change

RNS Number : 9374X

Power Metal Resources PLC

03 September 2020

 

3 September 2020

Power Metal Resources PLC

("Power Metal" or the "Company")

Change of Director

Power Metal Resources PLC (LON:POW) the AIM listed metals exploration and development company announces that Iain Macpherson has stepped down as Non-executive Director of the Company with immediate effect.

Paul Johnson, Chief Executive Officer of Power Metal Resources PLC, commented:

"I would like to thank Iain for his contribution to the Company, particularly during the restructuring and refinancing undertaken in February 2019 and subsequently, as we have worked together to build Power Metal into a diverse, well financed and energetic junior resource exploration company.

On behalf of the Board I would like to wish Iain well in his future endeavours."

The information contained within this announcement is considered to be inside information prior to its release, as defined in Article 7 of the Market Abuse Regulation No.596/2014 and is disclosed in accordance with the Company's obligations under Article 17 of those Regulations.

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

Power Metal Resources plc
Paul Johnson (Chief Executive Officer)	[phone]
SP Angel Corporate Finance (Nomad and Joint Broker)
Ewan Leggat/Charlie Bouverat	[phone]
SI Capital Limited (Joint Broker)
Nick Emerson	[phone]
First Equity Limited (Joint Broker)
David Cockbill/Jason Robertson	[phone]

Notes to Editors:

Power Metal Resources plc (LON:POW) is an AIM listed metals exploration and development company seeking a large scale metal discovery.

The Company has a global portfolio of project interests including precious metal exploration in North America and Australia together with base metal exploration in Africa. Project interests range from early stage greenfield exploration to later stage drill ready prospects.

The Board and its team of advisors have expertise in project generation, exploration and development and have identified an opportunity to utilise the Company's position to become a leader in the London market for investors wishing to gain exposure to proactive global metals exploration.

 

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