Power Metal Resources PLC (LSE:POW) has revealed a £4 million strategic investment in Apex Royalties Limited, a diversified mining royalty company. The capital injection forms part of Apex’s broader fundraising initiative, which aims to secure more than US$10 million to support acquisitions and strengthen its working capital base.
Through this investment, Power Metal gains exposure to Apex’s expanding portfolio of royalty interests tied to gold, tin, bauxite, and tungsten assets. This strategic stake is designed to complement Power Metal’s existing portfolio and provide potential upside as Apex scales its operations.
The company’s outlook remains underpinned by solid revenue growth and a healthy balance sheet. However, operational challenges and ongoing negative cash flows present near-term hurdles. While the share price appears undervalued—offering potential upside—technical signals point to a cautious market stance amid prevailing bearish trends.
About Power Metal Resources plc
Power Metal Resources plc is a UK-based exploration and development company focused on identifying and financing large-scale metal discoveries worldwide. Its portfolio spans North America, Africa, Saudi Arabia, and Australia, covering precious, base, and strategic metals. The company’s projects range from early-stage exploration targets to advanced prospects with active drilling programs.
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