Power Metal Resources plc (LON:POW), the London listed exploration company seeking large-scale metal discoveries across its global project portfolio, announces an update in respect of the Kalahari Key Mineral Exploration Pty Limited (“KKME”) option held by Kavango Resources plc (“Kavango”)(LON:KAV) which was due to expire on 24 February 2022 (the “Option”).
The 3-month Option was announced on 26 November 2021 and this announcement may be viewed through the following link:
https://www.londonstockexchange.com/news-article/POW/kavango-option-kalahari-key-botswana/15226717
A four-day extension to the Option period has been agreed by KKME, ending at 18.00 on Monday 28 February 2022 and a further update will be provided in due course.
This announcement contains inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018 (“MAR”), and is disclosed in accordance with the Company’s obligations under Article 17 of MAR.
For further information please visit https://www.powermetalresources.com/ or contact:
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Power Metal Resources plc |
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Paul Johnson (Chief Executive Officer) |
+44 (0) 7766 465 617 |
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SP Angel Corporate Finance (Nomad and Joint Broker) |
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Ewan Leggat/Charlie Bouverat |
+44 (0) 20 3470 0470 |
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SI Capital Limited (Joint Broker) |
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Nick Emerson |
+44 (0) 1483 413 500 |
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First Equity Limited (Joint Broker) |
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David Cockbill/Jason Robertson |
+44 (0) 20 7330 1883 |