Press release
Power Metallic (TSXV: PNPN | OTCQB: PNPNF) Announces New High-Grade Discoveries; NYSE Listing and 2026 Outlook
Power Metallic Mines Inc. (TSXV: PNPN | OTCQB: PNPNF) announced significant developments across multiple fronts, including continued high-grade drilling success at its Nisk Project in Quebec, advancements toward its New York Stock Exchange (NYSE) uplisting, and an upcoming virtual corporate update hosted by Red Cloud Financial Services.Advancing Toward NYSE Listing
As previously announced, Power Metallic is advancing its application for a listing on the NYSE, subject to final regulatory approval and audit review. Following the completion of its Q3 financial review by auditors and NYSE staff, the Company expects to provide a full update in early January 2026. The uplisting initiative is intended to expand institutional reach and elevate Power Metallic's profile among U.S. and global investors.
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Investor Webinar - December 3, 2025
Power Metallic will present a live virtual corporate update on December 3, 2025, at 2:00 PM ET, hosted by Red Cloud Financial Services.
Summer Drill Results - Lion and Nisk East Zones
The Company's latest Summer Drilling Release 3 confirms expansion of the Lion Zone at depth and down plunge. Highlights include:
* 4.40m @ 14.34% CuEqRec1 within 20.40m @ 3.58% CuEqRec1 (Hole PML-25-029b)
* 1.59m @ 27.92% CuEqRec1 within 19.80m @ 2.71% CuEqRec1 (Hole PML-25-025)
* 2.65m @ 17.79% CuEqRec1 within 8.10m @ 7.13% CuEqRec1 (Hole PML-25-031)
These results confirm both the grade and geometry of the Lion Zone's high-grade lodes, expanding the known mineralized footprint and supporting future Indicated Resource modelling.
Strategic Outlook 2026
"Each phase of drilling continues to reinforce the scale and continuity of our high-grade mineralization," said Terry Lynch, CEO of Power Metallic. "As we move toward our NYSE uplisting and execute our winter exploration plans, we're building a foundation for sustained growth and shareholder value."
With over 313 km of contiguous land in one of Quebec's most mining-friendly regions, the Nisk Project positions Power Metallic as an emerging leader in nickel, copper, gold, silver, platinum, and palladium exploration - key metals powering the global energy transition.
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