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TORONTO, April 17, 2025 - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSX-V: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the return of 4 holes from the winter 2025 drilling campaign focused on the Tiger Zone. The four holes (PN-25-098, 099, 101, 102) were testing off-hole EM (BHEM) anomalies generated from previously reported drill holes PN-24-090 and 094 (news release March 25, 2025). All holes hit Lion style polymetallic mineralization (copper dominant) at shallow vertical depths from 50-100 meters below surface.

Power Metallic Mines Inc. (TSXV: PNPN | OTCBB: PNPNF | Frankfurt IVV) is a Canadian junior exploration company focused on developing the high-grade Nisk project in Quebec into Canada’s first carbon-neutral nickel mine.

TORONTO, March 25, 2025 - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce the return of 6 holes from the fall 2024 drilling campaign. Four holes were testing multiple target areas in the Lion zone (holes PN-24-086, 087, 092, 093), and two holes tested the Tiger target (PN-24-090 and 094).

TORONTO, March 17, 2025 - Power Metallic Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to provide an update on the current exploration activity (Q1 2025), and the planned scaling up of exploration programs beginning in Q2 of 2025.

TORONTO, Feb. 27, 2025 - Power Metallic Mines Inc. (the "Company" or "Power Metallic") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV1) is pleased to announce that it has closed its previously announced "best efforts" private placement offering (the "Offering") for aggregate gross proceeds of C$49,999,800. Under the Offering the Company issued (i) 14,135,000 flow-through shares (the "FT Shares") at a price of C$2.83 per FT Share, for gross proceeds of C$40,002,050, and (ii) 6,895,000 non-flow-through common shares (the "HD Shares" and together with the FT Shares, the "Offered Securities") at a price of C$1.45 per HD Share, for gross proceeds of C$9,997,750.

TORONTO, Feb. 20, 2025 - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt IVV), is pleased to announce that it has been recognized as one of the 2024 top 50 performers on the TSX Venture Exchange ("TSXV"), with an outstanding 365% share price appreciation in 2024. The Company was ranked the top mining company and fourth overall.

TORONTO, Feb. 19, 2025 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV0) is pleased to announce that it has received approval from the TSX Venture Exchange to change the Company's name to "Power Metallic Mines Inc." (the "Name Change").

TORONTO, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Power Nickel Inc. (the "Company" or “Power Nickel”) (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce that due to significant demand, it has decided to upsize its previously announced “best efforts” private placement offering (the “Offering”) by up to C$10 million, bringing the aggregate total proceeds of the Offering up to C$50 million. The Offering consists of (i) the previously announced C$40 million of Quebec flow-through shares (the "FT Shares") and, (ii) up to C$10 million of non-flow through common shares (the "HD Shares" and together with the FT Shares, the "Offered Securities"). The price of the Offered Securities is C$2.83 for each FT Share and C$1.45 for each HD Share.

TORONTO, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Power Nickel Inc. (the "Company" or “Power Nickel”) (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) has announced today the pricing of its previously announced “best efforts” private placement offering (the “Offering”) for a total of 14,135,000 Quebec flow-through shares (the "FT Shares"), at a price of C$2.83 for each FT Share, for the aggregate proceeds of approximately C$40 million.

TORONTO, Feb. 11, 2025 (GLOBE NEWSWIRE) -- Power Nickel Inc. (the "Company" or “Power Nickel”) (TSXV:PNPN) (OTCBB:PNPNF) (Frankfurt: IVV) has announced today that it has entered into an agreement with BMO Capital Markets and Hannam & Partners to act as joint bookrunners (together with a syndicate of agents, the “Agents”) in connection with a “best efforts” private placement offering by the Company of securities for aggregate proceeds of up to C$45 million, consisting of (i) up to C$37 million of Quebec flow-through shares (the "FT Shares") and, (ii) up to C$8 million of hard dollar shares (the "HD Shares" and together with the FT Shares, the "Offered Securities"). The price of the Offered Securities will be determined in the context of the market.