VANCOUVER, BC, Oct. 19, 2023 /CNW/ - Power Metals Corp. is pleased to provide an update for its ongoing field exploration program at its 100% owned Case Lake Property in northeastern Ontario. Power Metals have been able to finalize key exploration activities that include completion of high resolution airborne magnetic and LiDAR surveys, compilation [...]
Power Metals Corp. is pleased to announce discovery of new pegmatites north of known pegmatite deposits at its 100% owned Case Lake Property in northeastern Ontario. The new pegmatites were identified during the company's ongoing 2023 field exploration program that started in summer of 2023. The 2023 field exploration program is focusing on [...]
Power Metals Corp. is pleased to announce that it has entered into an agreement with Winsome Resources Limited to acquire a 100% interest in Winsome's Decelles and Mazerac projects located in Quebec. Upon closing of the Acquisition, it is anticipated that Winsome will own approximately 19.59% of the outstanding shares. Winsome currently owns [...]
Power Metals Corp. is pleased to announce the completion of high-resolution airborne magnetic and LiDAR surveys on its 100% owned Case Lake Property in northeastern Ontario. The two surveys were completed in May 2023 and will be followed by field-based prospecting and mapping programs that are expected to start later this month. The Company has [...]
Power Metals Corp. is pleased to announce that the company is commencing its 2023 field exploration program on its 100% owned Case Lake Property in northeastern Ontario. The program includes high-resolution airborne magnetic and LiDAR surveys, which will be followed by field-based prospecting and mapping programs. Johnathan More, Chairman of Power [...]
Power Metals Corp. is pleased to announce that the Company has entered into an agreement to sell the 2% Gross Overriding Revenue royalty on the Case Lake Lithium Project to Lithium Royalty Corp. for $1,500,000. Ernie Ortiz, President and CEO of Lithium Royalty Corp. commented: "This transaction adds the 32nd royalty to the LRC portfolio, our third [...]
Power Metals Corp. is pleased to announce the appointment of Mr. Amanuel Bein, P.Geo as Vice President of Exploration. Mr. Bein has 17 years of experience in the exploration and mining industry where he has gained world-class knowledge and expertise in several mineral deposit types that include LCT pegmatite, VMS, SEDEX, porphyry-skarn, and [...]
Power Metals Corp. is pleased to announce the appointment of Mr. Gerry Brockelsby, CFA as Chief Executive Officer. Mr. Brockelsby has over 45 years of experience in the investment industry in both the equity and debt markets covering a wide range of companies both public and private, from micro-caps to large capitalization companies in a variety of [...]
Power Metals Corp. 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" of the Income Tax Act ) . The Flow-Through Shares were issued at a price of $0.57 per Flow-Through Share for aggregate gross proceeds of $6,455,250 [...]
10% Power Metals Corp. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. in connection with a "best efforts" private placement of 11,325,000 common shares of the Company that will qualify as "flow-through shares" of the Income Tax Act ) . The Flow-Through Shares will be issued at a price of $0.57 per [...]
Power Metals Corp. is pleased to announce that it has entered into two binding purchase and sale agreements to sell the Company's Gullwing-Tot Lakes property and its Paterson Lake property. Johnathan More, Chairman & CEO of Power Metals states, "We are pleased to announce the sale of these two non-core properties as we will be focusing our full [...]
Highlights: Winsome Resources Managing Director appointed to Board of Power Metals Corp. Expands on recent acquisition of shares and offtake agreement from former Chinese owner Sinomine Rare Metals Resources Terms also being finalised for future collaboration on multiple projects Power Metals Corp. is pleased to announce that Winsome Resources [...]
