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Power Nickel Recognized as a 2024 Top 50 Performer on the TSX Venture Exchange and Ranked #1 Mining Company

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Power Nickel (TSXV: PNPN) (OTCBB: PNPNF) has been recognized among the 2024 Top 50 performers on the TSX Venture Exchange, achieving a remarkable 365% share price appreciation in 2024. The company ranked as the #1 mining company and fourth overall among more than 1,600 TSXV issuers.

The Top 50 companies collectively demonstrated an average share price appreciation of 207% in 2024, improving from 121% in 2023 and 73% in 2022. The group's combined market capitalization reached $21.7 billion, representing an increase of over $16 billion during the year.

Selection criteria for the TSX Venture 50 were based on three equally weighted factors: one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value as of December 31, 2024. CEO Terry Lynch attributed the success to proving the Lion Zone's potential and announced plans to double exploration programs in 2025, with the company being fully funded.

Power Nickel (TSXV: PNPN) (OTCBB: PNPNF) è stata riconosciuta tra i 50 migliori performer del 2024 sulla Borsa di Toronto, con un notevole apprezzamento del prezzo delle azioni del 365% nel 2024. L'azienda si è classificata come la compagnia mineraria n. 1 e quarta in generale tra oltre 1.600 emittenti TSXV.

Le 50 migliori aziende hanno mostrato un apprezzamento medio del prezzo delle azioni del 207% nel 2024, in miglioramento rispetto al 121% nel 2023 e al 73% nel 2022. La capitalizzazione di mercato combinata del gruppo ha raggiunto i 21,7 miliardi di dollari, rappresentando un aumento di oltre 16 miliardi di dollari durante l'anno.

I criteri di selezione per i TSX Venture 50 si basavano su tre fattori ponderati in modo uguale: l'apprezzamento del prezzo delle azioni su base annua, l'aumento della capitalizzazione di mercato e il valore di trading consolidato canadese al 31 dicembre 2024. Il CEO Terry Lynch ha attribuito il successo alla dimostrazione del potenziale della Lion Zone e ha annunciato piani per raddoppiare i programmi di esplorazione nel 2025, con l'azienda completamente finanziata.

Power Nickel (TSXV: PNPN) (OTCBB: PNPNF) ha sido reconocida entre los 50 mejores performers de 2024 en la Bolsa de Valores de Toronto, logrando un notable aprecio del precio de las acciones del 365% en 2024. La compañía ocupó el primer lugar como empresa minera y el cuarto en general entre más de 1.600 emisores de TSXV.

Las 50 mejores empresas demostraron un aprecio promedio del precio de las acciones del 207% en 2024, mejorando desde el 121% en 2023 y el 73% en 2022. La capitalización de mercado combinada del grupo alcanzó los 21.7 mil millones de dólares, lo que representa un aumento de más de 16 mil millones de dólares durante el año.

Los criterios de selección para los TSX Venture 50 se basaron en tres factores igualmente ponderados: la apreciación del precio de las acciones a un año, el aumento de la capitalización de mercado y el valor de negociación consolidado canadiense al 31 de diciembre de 2024. El CEO Terry Lynch atribuyó el éxito a la demostración del potencial de la Lion Zone y anunció planes para duplicar los programas de exploración en 2025, con la empresa completamente financiada.

파워 니켈 (TSXV: PNPN) (OTCBB: PNPNF)은 토론토 증권 거래소에서 2024년 최고의 50개 기업 중 하나로 인정받았으며, 2024년 주가가 365% 상승하는 놀라운 성과를 달성했습니다. 이 회사는 1,600개 이상의 TSXV 발행사 중에서 1위 광산 회사이자 전체 4위에 올랐습니다.

최고 50개 기업은 2024년 평균 주가 상승률이 207%로, 2023년의 121%와 2022년의 73%에서 개선되었습니다. 그룹의 총 시장 가치는 217억 달러에 달하며, 이는 연간 160억 달러 이상의 증가를 나타냅니다.

TSX Venture 50의 선정 기준은 연간 주가 상승률, 시장 가치 증가, 2024년 12월 31일 기준의 캐나다 통합 거래 가치를 포함한 세 가지 동일한 가중치의 요소를 기반으로 했습니다. CEO 테리 린치는 사자 구역의 잠재력을 입증한 것에 성공을 돌리며, 2025년 탐사 프로그램을 두 배로 늘릴 계획을 발표했습니다. 회사는 완전히 자금이 지원됩니다.

Power Nickel (TSXV: PNPN) (OTCBB: PNPNF) a été reconnue parmi les 50 meilleures performances de 2024 sur la Bourse de Toronto, réalisant une appréciation du prix de l'action de 365% en 2024. L'entreprise s'est classée première parmi les sociétés minières et quatrième au total parmi plus de 1 600 émetteurs TSXV.

Les 50 meilleures entreprises ont collectivement affiché une appréciation moyenne du prix de l'action de 207% en 2024, en hausse par rapport à 121% en 2023 et 73% en 2022. La capitalisation boursière combinée du groupe a atteint 21,7 milliards de dollars, représentant une augmentation de plus de 16 milliards de dollars au cours de l'année.

Les critères de sélection pour les TSX Venture 50 étaient basés sur trois facteurs également pondérés : l'appréciation du prix de l'action sur un an, l'augmentation de la capitalisation boursière et la valeur de négociation consolidée canadienne au 31 décembre 2024. Le PDG Terry Lynch a attribué le succès à la démonstration du potentiel de la Lion Zone et a annoncé des plans pour doubler les programmes d'exploration en 2025, l'entreprise étant entièrement financée.

Power Nickel (TSXV: PNPN) (OTCBB: PNPNF) wurde unter den 50 besten Performern 2024 an der TSX Venture Exchange anerkannt und erreichte eine bemerkenswerte Wertsteigerung des Aktienkurses von 365% im Jahr 2024. Das Unternehmen belegte den 1. Platz unter den Bergbauunternehmen und den vierten Platz insgesamt unter mehr als 1.600 TSXV-Emittenten.

Die Top 50 Unternehmen zeigten im Jahr 2024 eine durchschnittliche Wertsteigerung des Aktienkurses von 207%, was eine Verbesserung gegenüber 121% im Jahr 2023 und 73% im Jahr 2022 darstellt. Die kombinierte Marktkapitalisierung der Gruppe erreichte 21,7 Milliarden Dollar, was einem Anstieg von über 16 Milliarden Dollar im Laufe des Jahres entspricht.

Die Auswahlkriterien für die TSX Venture 50 basierten auf drei gleichgewichteten Faktoren: der Wertsteigerung des Aktienkurses innerhalb eines Jahres, der Erhöhung der Marktkapitalisierung und dem kanadischen konsolidierten Handelswert zum 31. Dezember 2024. CEO Terry Lynch schrieb den Erfolg der Erschließung des Potenzials der Lion Zone zu und kündigte Pläne an, die Explorationsprogramme im Jahr 2025 zu verdoppeln, da das Unternehmen vollständig finanziert ist.

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Company's share price appreciated 365% in 2024

TORONTO, Feb. 20, 2025 /PRNewswire/ - 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.

The 50 companies on the list delivered an average share price appreciation of 207% to investors in 2024, up from 121% in 2023 and 73% in 2022. In addition, the group holds a combined market capitalization of $21.7 billion, an increase of over $16 billion over the course of the year.

The 2024 TSX Venture 50 showcases the top 50 of over 1,600 TSXV issuers. Eligible listed issuers are ranked based on three equally weighted criteria of one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value as of December 31, 2024.

More details can be found at the following link: https://money.tmx.com/en/venture50.

Terry Lynch, Director & CEO of Power Nickel commented: "We are very proud to be recognized as a Top 50 TSX Venture Exchange Performer for 2024. Finally, a great year for our most deserving shareholders! Last year we proved the Lion Zone was something special, 2024 was a great run but we are looking forward to doing better 2025. We are fully funded and doubling our exploration programs and if you asked our tremendous scientific team I think they would all feel this Discovery is just getting going.

About Power Nickel

Power Nickel is a Canadian junior exploration company focusing on developing the High-Grade Nickel Nisk project into Canada's first Carbon Neutral nickel mine.

On February 1, 2021, Power Nickel (then called Chilean Metals) completed the acquisition of its option to acquire up to 80% of the Nisk project from Critical Elements Lithium Corp. (CRE: TSXV).

The NISK property comprises a large land position (20 kilometres of strike length) with numerous high-grade intercepts. Power Nickel is focused on expanding the historical high-grade nickel-copper PGM mineralization with a series of drill programs designed to test the initial Nisk discovery zone and to explore the land package for adjacent potential Nickel deposits.

On Feb 21 Power Nickel will officially change its name to Power Metallic Mines Inc.

In addition to the Nisk project, Power Nickel owns significant land packages in British Colombia and Chile. Power Nickel has reorganized these assets in a related public vehicle through a plan of arrangement.

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

This message contains certain statements that may be deemed "forward-looking statements" concerning the Company within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential," "indicates," "opportunity," "possible" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, are subject to risks and uncertainties, and actual results or realities may differ materially from those in the forward-looking statements. Such material risks and uncertainties include, but are not limited to, among others, the timing to close the financing of FT Units; the timing for various drilling plans; the ability to raise sufficient capital to fund its obligations under its property agreements going forward and conduct drilling and exploration; to maintain its mineral tenures and concessions in good standing; to explore and develop its projects; changes in economic conditions or financial markets; the inherent hazards associates with mineral exploration and mining operations; future prices of nickel and other metals; changes in general economic conditions; accuracy of mineral resource and reserve estimates; the potential for new discoveries; the ability of the Company to obtain the necessary permits and consents required to explore, drill and develop the projects and if accepted, to obtain such licenses and approvals in a timely fashion relative to the Company's plans and business objectives for the applicable project; the general ability of the Company to monetize its mineral resources; and changes in environmental and other laws or regulations that could have an impact on the Company's operations, compliance with environmental laws and regulations, dependence on key management personnel and general competition in the mining industry.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/power-nickel-recognized-as-a-2024-top-50-performer-on-the-tsx-venture-exchange-and-ranked-1-mining-company-302380979.html

SOURCE Power Nickel Inc.

FAQ

What was Power Nickel's (PNPNF) stock performance in 2024?

Power Nickel's stock appreciated by 365% in 2024, ranking as the top mining company and fourth overall on the TSX Venture Exchange Top 50 list.

How did the 2024 TSX Venture 50 companies perform compared to previous years?

The 2024 TSX Venture 50 companies delivered an average share price appreciation of 207%, up from 121% in 2023 and 73% in 2022.

What are Power Nickel's (PNPNF) exploration plans for 2025?

Power Nickel announced plans to double their exploration programs in 2025, with the company being fully funded for these activities.

What was the total market capitalization increase for TSX Venture 50 companies in 2024?

The TSX Venture 50 companies reached a combined market capitalization of $21.7 billion, representing an increase of over $16 billion during 2024.

What criteria were used to select the 2024 TSX Venture 50 companies?

Companies were selected based on three equally weighted criteria: one-year share price appreciation, market capitalization increase, and Canadian consolidated trading value as of December 31, 2024.

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