PLC () has noted that PLC () has raised £215,000 in new money.
Power Metal holds 10mln shares in Katoro Gold, or 4.7% of the company, as well as 10mln warrants exercisable at 1.25p.
Katoro’s fundraising was done at 1.25p.
Power Metal also has a 25% interest in Katoro's Haneti polymetallic project in Tanzania, with a right to increase its interest to 35% by a payment to Katoro of £25,000 in cash by 15 May 2020.
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...
In exchange for publishing services rendered by the Company on behalf of Power Metal Resources named herein, including the promotion by the Company of Power Metal Resources in any Content on the Site, the Company...
FOR OUR FULL DISCLAIMER CLICK HERE