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Power Metals Corp V.PWM

Alternate Symbol(s):  PWRMF

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 .


TSXV:PWM - Post by User

Post by trader53on Mar 29, 2024 12:38pm
146 Views
Post# 35960209

Marketing and public awareness begins!

Marketing and public awareness begins!Mr. Johnathan More reports POWER METALS ENGAGES OUTSIDE THE BOX CAPITAL FOR DIGITAL MARKETING SERVICES Power Metals Corp. has entered into a marketing and distribution service agreement with an arm's-length marketing firm, Outside The Box Capital Inc. of Oakville, Ont., to provide marketing services, including digital marketing services through various social media channels, to broaden media distribution awareness about the company. The marketing agreement will have a term of six months starting on March 27, 2024, and Power Metals will pay OTBC a cash fee of $300,000 (U.S.) plus applicable taxes and also grant to OTBC 200,000 stock options having an exercise price of 40.5 cents per common share and vesting over a period of 12 months in four equal tranches, the first of which will vest three months after the date of grant. The stock options shall be subject to the terms and conditions of the company's current stock option plan. OTBC does not currently own any shares of the company as of the date hereof and has no direct relationship with the company other than as set out in this press release.
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