Completion of Initial Minestarters Investment
Power Metal Resources PLC has completed its initial 35 per cent investment in Kingia FZCO, soon to be renamed Minestarters, a Decentralised Finance Tokenisation Platform. Power Metal has the option to increase its holding up to 49 per cent with a further £2 million share subscription in cash, dependent on achieving specific milestones. Minestarters aims to provide regulated access to mineral exploration and development via the RWA tokenisation market and intends to channel at least one per cent of the US$200 billion annual investment into the mining sector through its platform. The platform will offer investors access to a curated portfolio of global exploration and development projects.
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Power Metal Resources PLC (AIM: POW, OTCQB: POWMF), the London-listed natural resources exploration company and project incubator with a global project portfolio, is pleased to announce the legal completion of its proposed initial 35 per cent investment in Kingia FZCO ("Kingia"), a company incorporated as a Freezone Company in Dubai (announced 4 September 2025). Kingia will be renamed Minestarters in due course. Minestarters is an institutional-grade, blockchain-enabled Decentralised Finance ("DeFi") Tokenisation Platform.
Power Metal holds an option to increase its holding to up to 49 per cent for a further £2 million share subscription in cash, subject to milestone delivery.
About Minestarters
Minestarters plans to be the first DeFi platform to offer investors regulated, compliant and transparent access to mineral exploration and development through the US$25 billion - and growing - RWA tokenisation market. As well as the ability to invest in the portfolio, the platform will offer automated benefit sharing, 24/7 liquidity and project transparency.
Minestarters tokens will give investors access to a curated portfolio of global exploration and development projects. As these projects advance, the Minestarters platform aims to capture and distribute their real-world value growth, simultaneously benefitting investors whilst directing essential funding to a pipeline of highly prospective mining assets. This provides global investors with direct, liquid exposure to an asset class that has traditionally been difficult for retail investors to access, and for institutions to access efficiently.
Through this innovative approach, Minestarters aims to bridge the early-stage funding gap by channeling at least one per cent of the US$200 billion annual investment into the mining sector through its blockchain-enabled platform.
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation (EU) No. 596/2014 as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018. For further information please visit https://www.powermetalresources.com/ or contact:
Power Metal Resources plc
| Sean Wade (Chief Executive Officer) | +44 (0) 20 3778 1396 |
| SP Angel Corporate Finance LLP (Nomad and Joint Broker) | |
| Ewan Leggat/Jen Clarke | +44 (0) 20 3470 0470 |
| Tamesis Partners LLP (Joint Broker) | |
| Richard Greenfield/Charlie Bendon | +44 (0) 20 3882 2868 |
| BlytheRay (PR Advisors) | |
| Tim Blythe/Alastair Roberts | +44 (0) 20 7138 3204 powermetalresources@blytheray.com |
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.