공시 • Apr 27
Power Minerals Limited (ASX:PNN) completed the acquisition of Mineração Terras Raras S/A. Power Minerals Limited (ASX:PNN) entered into a Binding Letter of Intent to acquire Mineração Terras Raras S/A for approximately AUD 23.1 million on March 5, 2026. Power Minerals Limited (ASX:PNN) agreed to acquire Mineração Terras Raras S/A on April 27, 2026. As a part of consideration, an initial payment of AUD 3 million in cash; and issuing the Vendors AUD 3 million worth of fully paid ordinary shares in the capital of PNN, subject to PNN Shareholder approval. As Deferred Consideration, on the date that is 12 months after execution of the Definitive Agreement, PNN will (i) pay the Vendors AUD 2.5 million in cash; and (ii) subject to receiving Shareholder approval, issue the Vendors AUD 2.5 million worth of Shares. On the earlier to occur of the date that is 24 months after execution of the Definitive Agreement, or the granting of mining and environmental licencing in respect of the Project, PNN will (i) pay the Vendors AUD 1.75 million in cash; and (ii) subject to receiving Shareholder approval, issue the Vendors AUD 1.75 million worth of Shares. On the earlier to occur of the date that is 36 months after execution of the Definitive Agreement, or the Company achieving the pre-BFS milestone in respect of the Project, or entering into a letter of intent with a potential client in respect of product from the Project, PNN will (i) pay the Vendors AUD 1.75 million in cash; and (ii) subject to receiving Shareholder approval, issue the Vendors AUD 1.75 million worth of Shares. On the earlier to occur of the date that is 60 months after execution of the Definitive Agreement; or completion of a bankable feasibility study in respect of the Project, PNN will (i) pay the Vendors AUD 1.5 million in cash; and (ii) subject to receiving Shareholder approval, issue the Vendors AUD 1.5 million worth of Shares. Upon the Project achieving a JORC Mineral Resource of 20 million tonnes at 4% TREO, the Company will pay the Vendors a milestone cash payment of $1.5 million (AUD 2.124 million). In addition to the Consideration, should Power conduct mining activities at the Project, the Vendors are entitled to a 2.5% net smelter royalty, which will apply to any and all ore extracted by the Company from the area covered by the Project. The transaction will be financed through a placement of fully paid ordinary shares in the Company to raise $10.25 million (AUD 14.51 million). The acquisition would be an ideal complement to the Company’s other Brazilian asset, the Santa Anna Niobium and REE Project in Goiás state. It would enhance Power’s position as a leading Brazilian-focused critical minerals explorer and developer.
The transaction is subject to approval of offer by acquirer shareholders and consummation of due diligence investigation. Power has paid a non-refundable due diligence period fee of AUD 0.1 million to the Vendors for a 30-day due diligence period over the Project. Subject to the successful completion of due diligence, Power will move to execute a definitive agreement with the project vendors and complete the acquisition, and then expedite on-ground exploration programs to fully realise the Project’s value proposition. As on April 13, 2026, Power has completed all due diligence requirements for the acquisition.
Power Minerals Limited (ASX:PNN) completed the acquisition of Mineração Terras Raras S/A on April 27, 2026. 공시 • Mar 05
Power Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10.25 million. Power Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 10.25 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 97,619,048
Price\Range: AUD 0.105
Discount Per Security: AUD 0.0063
Transaction Features: Subsequent Direct Listing 공시 • Dec 05
Power Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.1 million. Power Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 4.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Transaction Features: Subsequent Direct Listing 공시 • Dec 01
Power Minerals Limited (ASX:PNN) completed the acquisition of Santa Anna Niobium-REE-Gallium Project from E2 Minerais E Fertilizantes Ltda and Neofertil Mineração Ltda. Power Minerals Limited (ASX:PNN) signed a letter of intent to acquire Santa Anna Niobium-REE-Gallium Project from E2 Minerais E Fertilizantes Ltda and Neofertil Mineração Ltda. for AUD 9.5 million on August 11, 2025. A cash consideration of AUD 0.5 million will be paid by Power Minerals Limited. The consideration consists of common equity of Power Minerals Limited having a value of AUD 1 million to be issued for assets of Santa Anna Niobium-REE-Gallium Project. Power Minerals Limited will pay a contingent payment of AUD 5 million cash and of AUD 3 million common equity. As part of consideration, AUD 9.5 million is paid towards assets of Santa Anna Niobium-REE-Gallium Project. The acquisition will be funded by Power Minerals Limited existing cash reserves. The transaction is subject to consummation of due diligence investigation and definitive agreement. The acquisition of the Santa Anna Project has the potential to be highly value accretive for Power Minerals Limited.
Power Minerals Limited (ASX:PNN) completed the acquisition of Santa Anna Niobium-REE-Gallium Project from E2 Minerais E Fertilizantes Ltda and Neofertil Mineração Ltda. on Decemeber 1, 2025. 공시 • Oct 15
Power Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million. Power Minerals Limited has completed a Follow-on Equity Offering in the amount of AUD 1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 20,000,000
Price\Range: AUD 0.05
Transaction Features: Subsequent Direct Listing 공시 • Oct 08
Power Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.1 million. Power Minerals Limited has filed a Follow-on Equity Offering in the amount of AUD 4.1 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 34,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 7,000,000
Price\Range: AUD 0.1
Discount Per Security: AUD 0.006
Transaction Features: Subsequent Direct Listing