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Power Metallic
NEWS & RESULTS

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Feb 12
2025
Power Nickel Prices Approximately C$40 Million Best Efforts Private Placement

TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Power Nickel Inc. (the "Company" or “Power Nickel”) (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) has announced today the pricing of its previously announced “best efforts” private placement offering (the “Offering”) for a total of 14,135,000 Quebec flow-through shares (the "FT Shares"), at a price of C$2.83 for each FT Share, for the aggregate proceeds of approximately C$40 million.

Feb 11
2025
Power Nickel Announces Up To C$45 Million Best Efforts Private Placement

TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Power Nickel Inc. (the "Company" or “Power Nickel”) (TSXV:PNPN) (OTCBB:PNPNF) (Frankfurt: IVV) has announced today that it has entered into an agreement with BMO Capital Markets and Hannam & Partners to act as joint bookrunners (together with a syndicate of agents, the “Agents”) in connection with a “best efforts” private placement offering by the Company of securities for aggregate proceeds of up to C$45 million, consisting of (i) up to C$37 million of Quebec flow-through shares (the "FT Shares") and, (ii) up to C$8 million of hard dollar shares (the "HD Shares" and together with the FT Shares, the "Offered Securities"). The price of the Offered Securities will be determined in the context of the market.

Feb 5
2025
Power Nickel Hole PN-24-095a Delivers 10.60% CuEq1 over 5.35 Metres Within 3.61% CuEq1 over 19.40 Metres

TORONTO, Feb. 5, 2025 - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the return of the 5 holes of the fall campaign. These holes were testing multiple targets in the Lion zone area.

Feb 3
2025
Power Nickel and Chilean Metals Announce Completion of Spin-Out

TORONTO, Feb. 3, 2025 /CNW/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) and Chilean Metals Inc. ("Chilean Metals") are pleased to announce that they have completed the previously announced strategic reorganization of their business pursuant to which the Golden Ivan Property and certain Chilean assets and liabilities have been spun out to Power Nickel shareholders (the "Spin-Out") through Chilean Metals.

Jan 31
2025
Power Nickel Provides Update on Spin-Out of Golden Ivan Property and Chilean Assets

TORONTO, Jan. 31, 2025 - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce that, further to the Company's press releases dated December 5, 2024 and January 16, 2025, the previously announced plan of arrangement (the "Arrangement"), whereby Power Nickel will spinout (the "Spin-Out") the Golden Ivan Property and certain Chilean assets and liabilities to Chilean Metals Inc. ("Spinco", a wholly owned subsidiary of the Company), is expected to become effective at 12:01 a.m. PST on February 3, 2025 (the "Effective Time").

Jan 27
2025
Power Nickel Update - Following up on 2024 Drill Successes, Expanding Exploration Target Areas, and Announcing a New Discovery 700 Metres East of The Lion Zone

TORONTO, Jan. 27, 2025 - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the beginning of the 2025 winter drill campaign on the Nisk project with hole PN-24-96 (Figure 1). This hole will be testing the depth extension along the trend of the Lion zone, following up on successful drilling of high-grade Cu and precious metal (Pd, Pt, Au, Ag) discovered in 2024 drill holes (See some highlights below and Table 2).

Jan 21
2025
Power Nickel Hole 79 Delivers 6.26% CuEq1 over 10.25 Metres Within 4.29% CuEq1 over 20.05 Metres; Winter 2025 Drill Campaign Begins

TORONTO, Jan. 21, 2025 - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the return of the 3 holes of the fall campaign. These holes were testing the depth and western extensions of the Lion zone.

Jan 17
2025
Power Nickel appoints Joe Campbell as VP Exploration

TORONTO, Jan. 17, 2025 - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the appointment of Industry veteran Joe Campbell, BSc, P. Geo as Vice President of Exploration.

Jan 16
2025
Letter to the Shareholders of Power Nickel Inc.

TORONTO, Jan. 16, 2025

Dec 18
2024
Power Nickel Hole 78 Delivers over 29.5 Metres Wide Polymetallic Zone with Grades ranging from 2.3%-11% CuEq

TORONTO, Dec. 18, 2024 /CNW/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the return of the first 2 holes of the fall campaign. Hole PN-24-076 reported no material results. Hole PN-24-078 results are outlined in Highlights and Table 1.