Brief: Pele Mountain forms subsidiary for energy projects, proposes corporate restructuring

First Canadian Graphite

02/02/2017 19:00

Feb 2 (Reuters) - Pele Mountain Resources Inc  GEM.V  
    * Pele Mountain forms subsidiary for energy projects, 
proposes corporate restructuring and name change 
    * Pele Mountain Resources - formation of unit, Sage Power 
Corporation to advance its energy generation and storage 
projects in northern Ontario 
    * Pele Mountain Resources Inc - management is recommending 
up to 1 for 10 share consolidation 
 
Source text for Eikon:  ID:nMKWV4Y9Fa  
Further company coverage:  GEM.V  
 
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