Power Metals Corp V.PWM

Alternate Symbol(s): PWRMF

Metals & Mining Industrial Metals & Minerals

Power Metals Corp. is a Canada-based diversified mining company. The principal business of the Company is the acquisition, exploration and evaluation of resource properties. Its exploration project includes Case Lake property. Case Lake Property is located in Steele and Case townships, 80 km east of Cochrane, NE Ontario, close to the Ontario-Quebec border. The Case Lake pegmatite swarm consists of six spodumene dykes: North, Main, South, East and Northeast Dykes on the Henry Dome and the West Joe Dyke on a new tonalite dome. The Case Lake Property is 10 km x 9.5 km in size and consists of 475 cell claims. The Case Lake pegmatite swarm occurs along a sub provincial boundary between the metasedimentary Opatica Sub province to the north and greenstone Abitibi Sub province to the south. The Company has staked the Pelletier Project consisting of approximately 337 mineral claims that account for total surface area of 7000 hectares in northeast Ontario , approximately 50 km south of Hearst .

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Power Metals Corp > PP back in March was 57 cents when stock was only 30 cents

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Post by Gromoreon Jul 17, 2023 4:47pm

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PP back in March was 57 cents when stock was only 30 cents

VANCOUVER, BRITISH COLUMBIA – (March 27, 2023) - Power Metals Corp. (“Power Metals”or the “Company”) (TSX VENTURE:PWM)(FRANKFURT:OAA1)(OTCQB:PWRMF) is pleased to announce that it has closed its previously announced brokered private placement of 11,325,000 common shares of the Company that will qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the “Flow-Through Shares”). The Flow-Through Shares were issued at a price of $0.57 per Flow-Through Share for aggregate gross proceeds of $6,455,250 (the “Offering”).

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