Brief: Winsome Resources Signs Binding Agreement To Purchase Hong Kong-Based Sinomine's Interests In Power Metals Corp
Dec 2 (Reuters) - Power Metals Corp PWM.V :
* WINSOME RESOURCES SIGNS BINDING AGREEMENT TO PURCHASE HONG
KONG-BASED SINOMINE'S INTERESTS IN POWER METALS CORP
* POWER METALS CORP - FOR CAD$2,000,000 (AUD$2,220,000)
WINSOME
WILL ACQUIRE SINOMINE'S TOTAL INTERESTS IN POWER METALS AND CASE
LAKE PROJECT
* POWER METALS CORP - WINSOME WILL UTILIZE ITS EXISTING CASH
RESERVE TO FUND ACQUISITION
Source text for Eikon: ID:nCNW6p5Kha
Further company coverage: PWM.V
((Reuters.Briefs@thomsonreuters.com;;))
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