Power Metal Resources Plc (GB:POW) has released an update.
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Power Metal Resources PLC has extended the deadline to finalize a binding agreement with Saudi Arabia’s Al Masane Al Kobra Mining Company, allowing more time to secure a 49% stake in the Qatan exploration license. With an investment of $3 million at stake, Power Metal’s technical team is eager to commence work on this promising project once the agreement is formalized. The company’s directors remain optimistic about reaching a binding deal soon.
For further insights into GB:POW stock, check out TipRanks’ Stock Analysis page.
