Brief: Power Metals Corp Entered Into Agreement To Sell 2% Gross Overriding Revenue Royalty On Case Lake Lithium Project

Power Metals

04/05/2023 13:08

May 4 (Reuters) - Power Metals Corp  PWM.V :
    * POWER METALS SELLS ROYALTY INTEREST ON CASE LAKE PROJECT
TO
LITHIUM ROYALTY CORP
    * POWER METALS CORP - ENTERED INTO AGREEMENT TO SELL 2%
GROSS
OVERRIDING REVENUE ROYALTY ON CASE LAKE LITHIUM PROJECT TO
LITHIUM ROYALTY CORP FOR $1.5 MILLION
    * POWER METALS CORP - PLANNING A LARGE-SCALE DRILL PROGRAM
FOR
SUMMER 2023 WITH PLANS TO DRILL UPWARDS OF 15,000 METERS
    * POWER METALS CORP - UPON COMPLETION OF PROGRAM, COMPANY
INTENDS
TO CONDUCT A MINERAL RESOURCE CALCULATION IN NEXT SIX TO NINE
MONTHS

Source text for Eikon:  ID:nCNWd53pxa 
Further company coverage:  PWM.V