Power Metal Resources plc (AIM:POW) agreed to acquire 75% stake in GSA Environmental Ltd for £1 million on February 29, 2024. The consideration consists of £0.15 million in common equity and £0.85 million in cash. As part of the consideration, £1 million was paid towards common equity.

Completion of the Transaction is conditional upon completion of due diligence by Power Metal and other customary pre-conditions. Ewan Leggat of SP Angel Corporate Finance LLP acted as financial advisor to the Power Metal Resources plc.