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Katoro Gold Update - Haneti Nickel Project
Katoro Gold Update - Haneti Nickel Project.
About this update from Power Metal Resources Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 6504R\n Power Metal Resources PLC\n 08 November 2021\n \n \n \n 8 November 2021\n Power Metal Resources PLC\n (\"Power Metal\" or the \"Company\")\n Katoro Gold Update - Haneti Nickel Project\n \n \n Power Metal Resources PLC (LON:POW) the London listed exploration company seeking large-scale metal discoveries across its global project portfolio, \n draws\n investors' attention to the announcement issued today by Katoro Gold plc (LON: KAT)(\"Katoro Gold\")(\"Katoro\").\n \n \n The Katoro announcement may be viewed through the following link:\n \n \n https://polaris.brighterir.com/public/katoro_gold/news/rns/story/wklg9dx\n \n \n Paul Johnson, Chief Executive Officer of Power Metal Resources plc commented: \n \n \n \"Power Metal is eager to see drilling commence at the Haneti Project targeting a large scale nickel and platinum group element (PGE) discovery. The Company is therefore pleased to see our partner Katoro Gold raise money for this purpose.\n \n \n We look forward to further announcements with regard to the planned drill programme and are working with Katoro in this regard.\"\n \n \n POWER METAL - HOLDING IN KATORO\n \n \n Power Metal Resources currently holds 10,000,000 Katoro shares and 10,000,000 warrants in Katoro Gold exercisable at 1.25p \n \n (2,500,000 warrants expiring on 15 March 2022 and 7,500,000 warrants expiring on 15 May 2022).\n \n \n \n \n POW also has a direct 35% interest in the Haneti Project in Tanzania.\n \n \n \n \n For further information please visit \n \n https://www.powermetalresources.com/\n \n or contact:\n \n \n \n \n \n \n Power Metal Resources plc\n \n \n \n \n \n \n \n \n \n \n \n \n \n Paul Johnson (Chief Executive Officer)\n \n \n \n \n +44 (0) 7766 465 617\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n SP Angel Corporate Finance (Nomad and Joint Broker)\n \n \n \n \n \n \n \n \n \n \n \n \n \n Ewan Leggat/Charlie Bouverat\n \n \n \n \n +44 (0) 20 3470 0470\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n SI Capital Limited (Joint Broker)\n \n \n \n \n \n \n \n \n \n \n \n \n \n Nick Emerson &nb...