Power One Resources Corp. Update

Power One Resources Corp., a Vancouver-based company specializing in exploration and mining services, has recently undergone a significant leadership change. Dr. Wazir Khan has been appointed as the new CEO, marking a pivotal moment for the company as it navigates through a challenging financial landscape. Power One Resources Corp. is known for its focus on exploring and developing projects related to rare earth elements, uranium, nickel, and platinum-group elements, serving a global customer base.

The company’s stock has experienced considerable volatility over the past year. It reached a 52-week high of CAD 0.044 on May 5, 2024, but has since plummeted to a low of CAD 0.0023 on March 25, 2025. As of April 23, 2025, the stock price stands at CAD 0.004, reflecting a significant decline from its peak. This volatility underscores the challenges faced by the company in maintaining investor confidence amidst fluctuating market conditions.

The financial metrics of Power One Resources Corp. present a mixed picture. The company’s market capitalization is currently valued at CAD 498,280. However, the price-to-earnings ratio stands at -0.635863, indicating that the company is not currently generating profits. Additionally, the price-to-book ratio is 0.21253, suggesting that the market valuation is below the book value of the company’s assets. These figures highlight the need for a strategic reassessment to enhance the company’s financial health and market position.

As Power One Resources Corp. embarks on this new chapter under Dr. Khan’s leadership, stakeholders are keenly observing the company’s strategic initiatives to stabilize its financial performance and capitalize on its core competencies in the mining sector. The company’s commitment to innovation and sustainable practices in the exploration and development of critical minerals remains a cornerstone of its business strategy.

For more detailed information on Power One Resources Corp.’s activities and future plans, interested parties can visit their website at www.p1rc.com . The company continues to be listed on the TSX Venture Exchange, where it seeks to attract investment and support its growth objectives in the competitive mining industry.