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lithium investing

Power Metals Acquires 2 Alberta Petro Lithium Brine Properties With Discoveries From Existing Wells

Written by Priscila Barrera
|
Mar. 06, 2017 09:43AM PST

Power Metals (“Power Metals Corp.” or the “Company”) (TSXV:PWM)(FRANKFURT:OAA1) is pleased to announce completion of the acquisition of new lithium brine claim areas totalling 42,000 acres of prime ground in the Drumheller and Peace River areas. As quoted in the press release: Johnathan More, President and CEO stated “We are very pleased to further expand …

Power Metals (“Power Metals Corp.” or the “Company”) (TSXV:PWM)(FRANKFURT:OAA1) is pleased to announce completion of the acquisition of new lithium brine claim areas totalling 42,000 acres of prime ground in the Drumheller and Peace River areas.
As quoted in the press release:

Johnathan More, President and CEO stated “We are very pleased to further expand our asset package in Alberta, with these additional accretive and strategic projects. The potential for Power Metals to participate with other leading companies like MGX Minerals in providing reliable supply to end users as the technology evolves into a commercial and scaled-up proposition will have an extensive effect on the industry and it is our goal to be at the front-end of this – generating shareholder and stakeholder value.”

Click here for the full text release

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