POWER METAL RES PLC logo

POWER METAL RES PLC (POWMF)

Market Closed
10 Aug, 20:00
OTC PINK OTC PINK
$
0. 15
0
0%
$
22.88M Market Cap
- P/E Ratio
- Div Yield
20,000 Volume
- Eps
$ 0.15
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Day Range
0.15 0.19
Year Range
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Power Metal Resources deals into Saudi Arabia exploration project

Power Metal Resources deals into Saudi Arabia exploration project

Power Metal Resources PLC (AIM:POW, OTCQB:POWMD) has inked an agreement with Saudi Arabian mining firm Al Masane Al Kobra (AMAK) for the Qatan exploration licence. It envisages Power Metal taking a 49% interest in Qatan, a set of exploration licences spanning a 72.247 square kilometre area of Saudi Arabia, near AMAK's existing copper and zinc mining operations Power Metal can earn this stake by spending $3 million on exploration.

Proactiveinvestors | 1 year ago