Power Metal Resources #POW – CEO Paul Johnson & Non Exec Director Edmund Shaw purchase 500,000 shares apiece at 2.2p

Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company was notified today that Paul Johnson, Chief Executive Officer of the Company, purchased 500,000 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) on market at a price of 2.2p per Ordinary Share through his Self-Invested Personal Pension (“SIPP”)(£11,000 invested in this transaction). 

Following the above purchase Mr Johnson has a beneficial interest in a total of 63,500,000 Ordinary Shares, representing approximately 5.54% of the issued share capital of the Company.

For full PDMR disclosure link here

Power Metal Resources plc (LON:POW) the AIM listed metals exploration and development company was notified today that Edmund Shaw, Non-executive Director of the Company, purchased 500,000 ordinary shares of 0.1 pence each in the Company (“Ordinary Shares”) on market at a price of 2.2p per Ordinary Share through his Self-Invested Personal Pension (“SIPP”)(£11,000 invested in this transaction). 

Following the above purchase Mr Shaw has a beneficial interest in a total of 14,000,000 Ordinary Shares, representing approximately 1.22% of the issued share capital of the Company.

For full PDMR disclosure link here

Certain information contained in this announcement would have been deemed 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:

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 and base metal exploration in North America, Africa and Australia. 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.