Strategy
POW is seeking to discover large scale cobalt, copper, lithium or nickel deposits in Africa.
To this end, the Company has a diverse portfolio of projects across several jurisdictions including Botswana, Cameroon, The Democratic Republic of the Congo, Ivory Coast and Tanzania.
Project: Molopo Farms Complex
Target metals: Nickel - Copper - PGMs
Objective: DISCOVERY | Seeking to secure a major metal discovery under sand cover by applying latest technology to identify large scale targets for early drilling
Status: ACTIVE | Ground geophysics underway to establish prime drilling targets from 17 zones of interest already identified
Project: Haneti
Target metals: Nickel - Lithium
Objective: DISCOVERY | Through drilling of large targets identified from geological survey and follow up work to secure a major nickel sulphide discovery
Status: ACTIVE | Drilling nickel sulphide targets in near term and separately exploration review of lithium pegmatites with additional rare earth element potential
Project: Cobalt Blue Holdings
Target metals: Cobalt - Nickel
Objective: DISCOVERY | By demonstrating geological similarity of POW licences which are near to, and slightly larger than, the licenced ground holding the large scale Nkamouna cobalt deposit
Status: ACTIVE | Pitting programme underway to a depth of 15m to analyse below surface and take samples for testing
Project: Lizetta II
Target metals: Nickel - Cobalt - Chrome
Status: REVIEW | Project under review as part of POW strategic and operational review
Project: Kisinka
Target metals: Copper - Cobalt
Objective: DISCOVERY | Seeking to secure a major metal discovery within our current/future licence ground helping to confirm Lubumbashi region as a new copper-cobalt district
Status: ACTIVE | Project wide termite mound sampling just completed 7km copper anomaly identified and full results report now under review
Botswana, Cameroon, Democratic Republic of the Congo (DRC), Ivory Coast and Tanzania.
The Board
Andrew Bell
Executive Chairman
Andrew Bell began his career as a natural resources analyst at Morgan Grenfell & Co. in the 1970s. His business experience encompasses periods in fund management and advisory work at leading financial institutions, international corporate finance work and private equity. Andrew Bell's listed company directorships are Regency Mines plc (AIM)Non-Executive Director, Red Rock Resources plc (AIM), Chairman and Chief Executive Officer, and Jupiter Mines Ltd (ASX), Non-Executive Director. Andrew Bell is also a former Director various resource sector companies including Star Striker Ltd (now Intiger Group Ltd) (ASX), and a former Non-Executive Chairman of Greatland Gold plc (AIM).
Andrew Bell has considerable sector experience, and his relevant skills also include financial, business and legal analysis, knowledge of Africa and Asia, as well as experience of public markets.
Paul Johnson
Executive Director
Paul Johnson holds a degree in Management Science from the University of Manchester Institute of Science and Technology and is a Chartered Accountant, Chartered Loss Adjuster and Associate of the Chartered Insurance Institute. Paul is the Chief Executive Officer of Value Generation Limited a family investment and advisory company focused on the natural resource and related fintech sectors.
Paul Johnson is an experienced public company director and has previously been Chief Executive Officer of Metal Tiger plc (AIM), Metal NRG plc (NEX) and China Africa Resources plc (AIM). He has been Chairman of ECR Minerals plc (AIM) and Non-Executive Director of Greatland Gold plc (AIM), Papua Mining plc (AIM) and Thor Mining plc (AIM).
Iain Macpherson
Non-Executive Director
Iain is a seasoned mining executive with over 30 years’ experience in senior management and executive roles for both junior and major mining companies. He has a track record of operating, developing and financing mining projects, having led several significant stock market listings in the UK and North American markets and as a result has developed a network of private and institutional investors.
He has operated in senior operational and executive roles in Western and Eastern Europe and Russia including the development of three new mining projects before joining UraMin as Chief Operating Officer, which subsequently CEO. From late 2009 to July 2014 he was Chief Executive Officer of Elemental Minerals, building the team that has taken the project through exploration into project development and raising the finance to support the successful fast-track project strategy, delivering an on-time and on-budget advanced pre-feasibility study in September 2012.
In late 2014, Iain co-founded Madini with a group of similarly experienced mining professionals focusing on African near cash high margin mining projects.
Scott Richardson Brown
Non-Executive Director
Scott is a Fellow of the Institute of Chartered Accountants in England and Wales. He began his career at Coopers & Lybrand (later PricewaterhouseCoopers) in the banking and capital markets division, he later became a partner in the corporate broking/finance division of Oriel Securities Limited covering a range of sectors.
Since leaving Oriel Securities Limited, Scott has held a number of directorships of AIM-quoted companies operating within the natural resources sector.
Contact
Power Metal Resources plc
201 Temple Chambers
3-7 Temple Avenue
London EC4Y 0DT
United Kingdom
Telephone: +44 20 7583 8304
info@powermetalresources.com
| Role | Adviser |
|---|---|
|
Nominated Adviser and Joint Broker |
SP Angel
Prince Frederick House |
|
Joint Broker |
SI Capital Limited
19 Berkeley Street |
|
Auditor and Reporting Accountant (Registered as auditors by the Institute of Chartered Accountants in England and Wales) |
BDO LLP
150 Aldersgate Street |
|
Registrar |
Share Registrars Limited
The Courtyard, |
|
UK Legal Advisers |
Michelmores
12th Floor |
All share information updated as at 13 June 2019.
| Shareholder | % |
|---|---|
|
Regent Resources Capital Corporation (1) |
9.00 |
|
Red Rock Resources plc (2) |
6.89 |
|
David Christian Steinepreis |
5.03 |
|
Paul Johnson (3) |
4.96 |
|
Cobalt Blue Associates (1) |
4.29 |
|
Two Shields Investments plc (1) |
4.24 |
|
Andrew Bell (4) |
3.03 |
|
Iain Macpherson (5) |
0.57 |
Notes:
| Role | Adviser |
|---|---|
|
Nominated Adviser and Joint Broker |
SP Angel
Prince Frederick House |
|
Joint Broker |
SI Capital Limited
19 Berkeley Street |
|
Auditor and Reporting Accountant (Registered as auditors by the Institute of Chartered Accountants in England and Wales) |
BDO LLP
150 Aldersgate Street |
|
Registrar |
Share Registrars Limited
The Courtyard, |
|
UK Legal Advisers |
Michelmores
12th Floor |