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Power Metal Resources 'positioning itself for recovery market' following new Botswana deal

Power Metal Resources PLC's (LON:POW) Paul Johnson talks Proactive London through the thinking behind their latest acquisition - a 51% interest in the Ditau project in Botswana for £150,000 from Kavango Resources PLC (LON:KAV).

Due diligence for the acquisition will begin following the removal of coronavirus-related international travel and work restrictions, or 1 September, with Power Metals to become operator of the project following the purchase.

Quick facts: Power Metal Resources

Price: 1.15 GBX

AIM:POW
Market: AIM
Market Cap: £9.32 m
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Kavango Resources 'gearing up' after announcing Botswana joint venture with...

Kavango Resources PLC's (LON:KAV) Mike Moles speaks to Proactive London following the announcement of the Botswana strategic joint venture with Power Metal Resources. The venture will see the formation of a new, jointly owned, privately held company that is focussed on large-scale mineral...

3 days, 5 hours ago

2 min read