Business
Insider Warrant Extension
Insider Warrant Extension.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \n \n 17 June 2022\n \n \n \n Power Metal Resources PLC\n \n \n \n \n (\"Power Metal\" or the \"Company\")\n \n \n \n \n Insider Warrant Extension\n \n \n \n \n \n \n Power Metal Resources PLC (LON:POW), \n the London listed exploration company seeking large-scale metal discoveries across its global project portfolio, announces an extension of the December 2019 financing warrants held by Paul Johnson and Edmund Shaw, Directors of the Company (the \"Insider Warrants\").\n \n \n \n Extension of Insider Warrants\n \n \n \n As at 17 June 2022 the following Insider Warrants remained outstanding:\n \n \n \n \n \n \n \n Warrant Holder\n \n \n \n \n \n \n Number of Warrants\n \n \n \n \n \n \n Exercise Price\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Paul Johnson\n \n \n \n \n 6,250,000\n \n \n \n \n 0.7p\n \n \n \n \n \n \n Ed Shaw\n \n \n \n \n 5,000,000\n \n \n \n \n 0.7p\n \n \n \n \n \n \n \n \n \n The Insider warrants were issued following participation in the December 2019 financing and had an original expiry date of 17 December 2021 which was extended by 3 months to 17 March 2022, then a further 3 months to 17 June 2022 as announced on 17 March 2022.\n \n \n The Company is undertaking numerous exploration programmes and corporate activities across its portfolio where current and near term expected work streams include:\n \n \n \n North America:\n \n \n \n - Preparatory work for the planned near-term London listing of Golden Metal Resources PLC focused on Nevada, USA\n \n \n \n \n \n - Receipt and review of exploration findings relating to the Alamo gold project in Arizona, USA\n \n \n \n \n \n - Finalisation of next stage exploration work in respect of the Authier lithium project in Quebec, Canada\n \n \n \n \n \n - Finalisation of next stage exploration and specific corporate activities related thereto for the Athabasca Basin uranium interests, Saskatchewan, Canada\n \n \n \n \n \n - Next stage plans in respect of the Silver Peak project in British Columbia, Canada\n \n \n \n Africa:\n \n \n \n - Diamond drill programme underway at the Ditau Camp Project JV in southwest Botswana\n \n \n \n \n \n - Field work to delineate drill targets in the Kalahari Copper Belt JV interests in Botswana\n ...