Power Metal Resources : Audited Financial Results for the Year Ended 31 December 2025

About this update from Power Metal Resources Plc

RNS Number : 5420G Power Metal Resources PLC 02 June 2026 2 June 2026 Power Metal Resources plc ("Power Metal" or the "Company") Audited Financial Results for the Year Ended 31 December 2025 Power Metal Resources plc (AIM:POW) the London listed exploration company with a global project portfolio announces its consolidated audited results for the year ended 31 December 2025, for the Company and its subsidiaries (together the "Group"). Introduction The Group has made meaningful progress during the period. Market sentiment has improved over the past year and we have sought to capitalise on this, undertaking new ventures, progressing existing operations and crystallising value on several investments, strengthening the financial position of the Group against this highly favourable backdrop. We've always retained a resolute focus on establishing a portfolio that spreads risk across a diverse array of commodities and jurisdictions, and I'm delighted that this has been further bolstered by our future-facing investments in Minestarters and Apex Royalties, where we have built exposure to tokenised assets and prospective royalty opportunities. There has also been a concerted effort during this year to consolidate our asset portfolio, concurrently realising significant returns on investments at opportune moments, whilst streamlining our efforts away from projects that no longer fully align with our strategic goals. The results seen across this year have cemented our confidence in the project incubator model. We are delighted to share the progress thatPower Metal Resources Plc ("Power Metal") and its subsidiaries have achieved over the year ended 31 December 2025. Operational Activity North America During the year, significant progress was made across our uranium-focused joint venture ("JV") with UCAM Ltd ("UCAM"), known as Fermi Exploration ("Fermi"), which comprises Power Metal's entire portfolio of uranium licenses. The results from the exploration programmes across the Fermi licences have further underpinned our confidence in the region's prospectivity. Tait Hill A significant intrusion-related uranium target - the Antler Zone - was identified at the property during the year, with sampling results confirming historical radiometric and magnetic geophysical survey data. Geochemical and radon gas results show potential for intrusion-related uranium mineralisation at ...

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