25 July 2023

Power Metal Resources PLC

("Power Metal" or the "Company")

Release of Research Note

Power Metal Resources PLC (AIM:POW), the AIM listed metals exploration and development company, announces that Resolve Research Limited has released a Research Note (the "Note"), commissioned by Power Metal, on the Company. The Note, titled 'Power Metal Resources - Strong Portfolio Addition', is available to view at: https://tinyurl.com/2cfuv34b

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

NOTES TO EDITORS

Power Metal Resources plc - Background

Power Metal Resources plc (LON:POW) is an AIM listed metals exploration company which finances and manages global resource projects.

The Company has a principal focus on opportunities offering district scale potential across a global portfolio including precious, base and strategic 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.

Power Metal will develop projects internally or through strategic joint ventures until a project becomes ready for disposal through outright sale or separate listing on a recognised stock exchange, thereby crystallising the value generated from our internal exploration and development work.

Value generated through disposals will be deployed internally to grow the Company, or may be returned to shareholders through share buy backs, dividends or in-specie distributions of assets.