Sean Wade
116 posts
@seanwade1970
Chief Executive Officer at Power Metal Resources @PowerMetRes
In theory, #POW should now be looking to put all future investments through this new token platform. So what happens to the other £15m?
Key highlights from the Power Metal Resources proposed Minestarters investment: • First DeFi (Decentralised Finance) platform for tokenized mining exploration • £1M investment for a 35% holding, with option for an up to £3M to reach a 49% stake subject to milestone delivery • An option to increase holding to up to 49 per cent for a further £2M subject to milestone delivery • Targeting 1% of $200B annual mining market ($2B+) • RWA (Real-World-Asset) tokenization market grew 260% to $25B over first 6 months of 2025 • Minstarters led by 30+ year mining veteran Marcel Nally • Smart contracts + ESG compliance built into the blockchain Full announcement: bit.ly/4mJ95eB 🇬🇧 $POW 🇺🇲 $POWMF #RWA #DeFi #Blockchain #Mining #Tokenisation
🌍 Significant news - Disposal of Remaining Holding in Guardian Metal Resources We’ve entered into a legally binding Sale and Purchase Agreement to sell our remaining 24,699,825 shares in Guardian Metal Resources (GMET) to the Duquesne Family Office for £13.58m, delivering a remarkable 11.8x return on our £1.94m initial investment. The sale is set to complete in the coming weeks, marking another key milestone in our portfolio strategy. Read more: londonstockexchange.com/news-article/P… Our CEO, Sean Wade, said: "I am very pleased to be able to announce that we have agreed terms to exit our position in GMET after what has been an enormously successful investment for Power Metal, and one that has generated very considerable shareholder value. Our original investment in GMET was £1,935,275. Over the course of two disposals, we will have realised £22,809,988 before costs, a return of 11.8 times. It represents a strong validation of our incubator model and gives us considerable firepower now to pursue other opportunities, a number of which have presented themselves to us in recent weeks. I look forward to further updating shareholders, as appropriate, on the destination of some of these funds as we continue to build on our proven and successful business model.” #Incubator #Investment #Exploration 🇬🇧 $POW 🇺🇸 $POWMF @OTCMarkets
