Power Metal Resources plc announced the renewal of key Prospecting Licences (‘PLs') at the Molopo Farms Complex Project (‘MFC Project' or the ‘Project') located in southwestern Botswana. Power Metal holds a 40% direct project interest in the MFC Project and a 20.65% shareholding in Kalahari Key Mineral Exploration Pty Limited (‘KKME'), which holds the remaining 60% interest. Kavango Resources currently has an option (the ‘Option') to acquire up to 85.2% of KKME including Power Metal's shareholding.