Power Group Projects Corp V.PGP

Alternate Symbol(s): PGPGF

Power Group Projects Corp is a Canada-based exploration stage company. The Company’s principal business activity is the acquisition and exploration of resource properties. It has not yet determined whether these properties contain economically recoverable ore reserves. Its properties include Atlin West, IceFall, and Rizz. The Atlin West Property is located approximately 14 kilometers (km) west-northwest of Atlin, British Columbia, northwest of Tagish Lake and covers an area of 3,125 hectares (ha). The Atlin West project is underlain by undivided sedimentary and volcanic rocks of the Cache Creek complex. The Icefall Property is located approximately 20 km north of Tulsequah, British Columbia, covering 8,704 ha. The Icefall Project is underlain by Stuhini and Labarge Group volcanic and sedimentary rocks, overlain by Sloko Group volcanic rocks. The Rizz Property is located approximately 20 km northwest along the trend of New Polaris/Tulsequah Chief, British Columbia, covering 5,415 ha.

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Power Group Projects Corp

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Post by Wyndham44on Jan 12, 2018 8:52pm

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Post# 27347207

Read the release carefully

As compensation for the placement of the units, Cobalt Power has agreed to pay finder's fees equal to $79,920 calculated at 6% of the amount placed by one (1) finder. The finder has opted to convert his cash commissions into shares of Cobalt Power at a price of $0.32 per share for a total of 249,750 common shares of the Company, subject to TSX Venture Exchange approval.

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