Home » Power Metal Resources (POW) » Power Metal Resources #POW – Further CEO Share Purchase

Power Metal Resources #POW – Further CEO Share Purchase

Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company was notified that yesterday Paul Johnson, Chief Executive Officer of the Company, purchased on market  500,000 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) at a price of 2.39p per Ordinary Share through his Self-Invested Personal Pension (“SIPP”)(£11,957 invested in this transaction, and £23,452 invested in total on 15 April 2021 including the 500,000 purchase announced on 15 April 2021). 

Following the above purchase Mr Johnson has a beneficial interest in a total of 62,500,000 Ordinary Shares, representing approximately 5.47% of the issued share capital of the Company.

**Ends**

Certain information contained in this announcement would have been deemed inside information for the purposes of Article 7 of Regulation (EU) No 596/2014 until the release of this announcement.

 

For further information please visit https://www.powermetalresources.com/ or contact:

Power Metal Resources plc

Paul Johnson (Chief Executive Officer)

+44 (0) 7766 465 617

SP Angel Corporate Finance (Nomad and Joint Broker)

Ewan Leggat/Charlie Bouverat

+44 (0) 20 3470 0470

SI Capital Limited (Joint Broker)

Nick Emerson                                                                                                           

+44 (0) 1483 413 500

First Equity Limited (Joint Broker)

David Cockbill/Jason Robertson

+44 (0) 20 7330 1883

Notes to Editors:

Power Metal Resources plc (LON:POW) is an AIM listed metals exploration and development company seeking a large scale metal discovery.

The Company has a global portfolio of project interests including precious metals exploration in North America and Australia together with base and strategic metal exploration in Africa. Project interests range from early stage greenfield exploration to later stage prospects currently subject to drill programmes.

The Board and its team of advisors have expertise in project generation, exploration and development and have identified an opportunity to utilise the Company’s position to become a leader in the London market for investors wishing to gain exposure to proactive global metals exploration.


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