Power Metal Resources | Proposed £12M JV with ACAM for #uranium Portfolio Development #pow

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➡️ Power Metal Resources is engaged in a joint venture discussion with a natural resource-focused partnership, ACAM, involving an investment of £10 million for a majority interest. ➡️ The joint venture will also involve ACAM purchasing £2 million in loan notes, yielding 10%, primarily to cover expenses for a now-cancelled uranium energy exploration IPO. ➡️ This partnership aims to significantly increase the potential for a major commercial discovery due to the substantial financial backing provided by ACAM. By Mark Fairbairn Recorded 3/6/2024