Power Group Projects Corp. is pleased to announce that field work has commenced on its Muddy Gullies PGE property in central Newfoundland. The first phase of exploration will include airborne magnetometer, LiDAR and orthophotography surveys, line cutting and gridded prospecting, mapping and sampling. The property is highly prospective for the [...]
Power Group Projects Corp. is pleased to announce, further to its press release of May 17, 2021, the Company has closed a non-brokered private placement through the issuance of 19,999,998 units at a price of $0.06 per Unit for aggregate gross proceeds of $1,200,000 . Each Unit shall be comprised of one common share in the capital of the Company and [...]
Power Group Projects Corp. is pleased to announce a non-brokered private placement through the issuance of up to 20,000,000 units at a price of $0.06 per Unit for aggregate gross proceeds of up to $1,200,000 . Each Unit shall be comprised of one common share in the capital of the Company and one Common Share purchase warrant of the Company. Each [...]
Power Group Projects Corp. is pleased to announce that, further to its press releases of October 8, 2020 and November 12, 2020, it has completed the previously announced acquisition of all of the issued and outstanding common shares of Pallplat Metals Inc. . The Transaction was carried out by way of a share purchase agreement dated October 15, 2020 [...]
Power Group Projects Corp. is pleased to announce that, further to its press releases of October 8, 2020 and November 12, 2020, the Company has received conditional approval from the TSX Venture Exchange for its previously announced acquisition of all of the outstanding issued and outstanding common shares in the capital of Pallplat Metals Inc [...]
Power Group Projects Corp. is pleased to announce that, further to its press release of October 8, 2020, the Company has entered into a definitive share purchase agreement with Pallplat Metals Inc. and the shareholders of Pallplat to acquire all of the issued and outstanding common shares in the capital of Pallplat . Pallplat is a private company [...]
Power Group Projects Corp. is pleased to announce that it has entered into a binding letter of intent with Pallplat Metals Inc. for the acquisition of the Muddy Gullies project in Newfoundland, Canada . In consideration for the purchase of the Property, on signing of a definitive agreement, the Company will issue the shareholders of Pallplat [...]
Power Group Projects Corp. announces that the Company will invoke the British Columbia Securities Commission BC Instrument 51-517 extending deadlines to file financial statements and Management Discussion and Analysis . Pursuant to BCI 51-517, the Company is relying on the relief therein for its interim financial statements, for the interim period [...]
Power Group Projects Corp. announces that since the new board of directors and management took over operations of the Company, the focus has been on preparing the audited annual financial statements for the year ended January 30, 2020 which were grossly overlooked and unattended to by the previous board of directors and management, amongst other [...]
Power Group Projects Corp. announces that the Company will invoke the British Columbia Securities Commission BC Instrument 51-515 extending deadlines to file financial statements and Management Discussion and Analysis . Pursuant to BCI 51-515, the Company is relying on the relief therein for its audited financial statements, for the year end [...]
Power Group Projects Corp. is pleased to announce the appointment of new directors to the board and the appointment of a new executive management team for the Company. The new team is comprised of Aleem Nathwani, Chief Executive Officer, Chairman and Director, Yana Bobrovskaya, Director and David Kwok, Chief Financial Officer and Director. In [...]
Power Group Projects Corp. , is pleased to announce that they have entered into an agreement with RJK Explorations Ltd to pursue kimberlite targets that RJK may identify on Power Groups Project Corp. claims in the Cobalt, Ontario area. The Exploration Agreement with RJK Explorations : The term of the agreement will be for a period of three years [...]
