Mining & Metals
Power Metals Enters Non-Binding MOU with APL Engineered Materials
Power Metals (PWM.V) signed a non-binding memorandum of understanding with US-based APL Engineered Materials Inc to develop a North American cesium supply chain for chemical products, the Canadian company said Monday.Privately owned APL is a producer of high-purity halides, metals and chemicals, added the company."Working with APL Engineered Materials Inc. brings another level of technical expertise into a direct market, while providing both parties a clear avenue to potential supply chains across the United States," said Power Metals Chief Executive Officer Haydn Daxter.The company's shares were last seen up C$0.01 to C$0.64 on the TSX Venture Exchange.Price: $0.64, Change: $+0.01, Percent Change: +1.59%
$PWM.V
