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