Business
AGM Statement
AGM Statement.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \n \n 30 March 2023\n \n \n \n Power Metal Resources PLC\n \n \n \n \n (\"Power Metal\" or the \"Company\")\n \n \n \n \n Annual General Meeting - Statement\n \n \n \n \n \n \n \n \n Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio is holding its Annual General Meeting (\"AGM\") today at 11am.\n \n \n \n At the AGM Sean Wade, Chief Executive Officer of Power Metal, will provide the following statement:\n \n \n \n \n \"I have been in the role of Power Metal CEO for three weeks, and during that time, I have been working hard with the team to further accelerate our operational and corporate activities. We recognise the eagerness of shareholders to see the results of our strategy, and we are focused on delivering those as soon as possible.\n \n \n \n \n Our aim is to unlock the inherent value existing in the portfolio and I am pleased to update shareholders on the progress we are making in that regard.\n \n \n \n \n Diamond drilling at the Molopo Farms Complex Project in Botswana and the Berringa Project in the Victoria Goldfields was completed earlier this quarter, as was the first stage of the Tati Gold Project 2023 exploration programme including geophysics and trenching. \n \n \n \n \n Complete accredited laboratory assay tests for all the above projects are expected to be received imminently and we look forward to releasing a series of exploration updates containing these results when they are received.\n \n \n \n \n The focus of corporate activity has been the progression of the Golden Metal Resources PLC, First Development Resources PLC and Uranium Energy Exploration PLC planned IPOs.\n \n \n \n \n For Golden Metal, in addition to the existing IPO financing interest, we are liaising with new institutional investors who recognise the strategic significance of Pilot Mountain Project, in an era of tungsten criticality for the United States. We aim to complete the Golden Metal IPO listing shortly.\n \n \n \n \n Thereafter we will be focused on First Development Resources and its IPO financing and listing with the aim to also complete this process in the near term.\n \n \n \n \n For Uranium Energy Exploration, and our wider uranium portfolio, we have experienced considerable interest and are working, not onl...