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Power Minerals Limited (ASX:PNN)

ALERT: Price-sensitive ASX Announcement for PNN
Current share price for PNN : $0.115 0 (0%)+
Announcement
Release
29 Oct 2025 9:17AM
Price at Release
$0.115
Full Release
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Summary
The quarterly activities report from Power Minerals Limited for September 2025 highlights key developments such as the acquisition of the Gamma REE-Uranium Project in California, USA, and the completion of the acquisition of the Santa Anna Niobium-REE-Gallium Project in Brazil. The report details the progress of exploration activities at both sites, including promising assay results for niobium and rare earth elements from drilling programs in Brazil. Additionally, the report outlines financial transactions, including placements to fund further exploration and development efforts, with a focus on expanding the company's critical minerals portfolio.
Key Points
  • Acquisition of Gamma REE-Uranium Project in California, USA.
  • Completion of acquisition of Santa Anna Niobium-REE-Gallium Project in Brazil.
  • Promising assay results for niobium and rare earth elements in Brazil.
  • Financial placements to support exploration and development.
  • Expansion of critical minerals portfolio.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.