EDDY.V · 2017-03-16 12:00:00

Power Americas Acquires Additional Exploration Permits ON the Spirit River Lithium Project

Mergers & Acquisitions

TSX VENT

FRANKFU

POWE

Vancouve

the "Com

Power Am

exploratio

River Arch

These ad

acquired

package

(222,395

including

now cont

values as

exploratio

virgin gro

exploratio

Note: To

lithium‐br

the Spirit

Power Am

Lithium P

from app

elevated c

Spirit Rive

The Comp

brine sam

samples

Technolog

Tel: 604‐687

TURE EXCHAN

RT: VV0

ER AMERICA

er, British Co

mpany") (TSX‐

merica’s appli

on permits co

h‐Spirit River

ditional six e

by Power A

now has a t

acres) or 900

more than 2

tains potentia

documented

on focus will

ound that has

on for the Com

date, the Co

rine results an

River propert

merica’s initia

Project. Local

roximately 2

concentration

er landholding

pany’s consu

mpling progra

collected wi

gy Centre loc

uite 1400, 11

7‐4719 Fax: 60

NGE: PAM

AS ACQUIRES

lumbia Marc

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cation for 10

overing six to

area of north

exploration p

mericas in A

total of 10 a

0 square kilom

00 new and d

al access to m

d historically i

include test

s never been

mpany and it

ompany and

nd whether t

ty.

l Exploration

area petro‐o

0‐30 separat

ns of lithium

gs. Further re

ltant, APEX G

am in conjun

ll undergo g

ated in Edmo

11 West Geo

04‐687‐4778

NEW

S ADDITION

LITHI

ch 16, 2017 –

is pleased to

00% undivided

ownships nor

hwestern Albe

permits are

August 2016.

adjoining exp

metres. The n

deep‐basin w

more than 19

in publicly av

assaying brin

n tested for t

s shareholde

its Qualified

he lithium‐en

Program (se

operators ha

te producing

and other im

esults will be

Geoscience L

nction with s

geochemical

onton, AB.

orgia Street, V

www.powe

WS RELEASE

AL EXPLORA

UM PROJEC

–Power Ame

o announce t

d interest in a

thwest of the

erta.

contiguous t

Power Amer

ploration per

ewly acquired

wells that wer

900 wells, som

ailable Gover

ne samples fr

the lithium‐in

rs.

Professionals

nriched brine

e news relea

ve granted a

wells. The b

mportant elem

released as th

Ltd. of Edmon

several oil an

analysis by

Vancouver, BC

eramericasco

ATION PERM

ricas Minera

that the Prov

a further six m

e Fox Creek‐S

to the previo

rica’s collect

rmits coverin

d permits con

re drilled sinc

me of which

rnment of Alb

om the new,

n‐brine conte

s have been

occurs, or ex

se 01‐11‐17)

access and br

brine samples

ments in brine

hey become a

nton AB, is s

nd gas produ

Maxxam An

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orp.com TSX

MITS ON THE

ls Corp. (“Po

vince of Albe

metallic and

Swan Hills di

ous four tow

ive northwes

ng more than

ntain more th

ce 2010. The

contain elev

berta reports

, deep‐basin w

ent, signifyin

unable to ve

xtends, into a

is underway

rine sampling

s will be test

e reservoirs/a

available.

supervising an

ucers in the

nalytics Inc.

X‐V: PAM

E SPIRIT RIV

ower America

erta has app

industrial min

strict in the

wnships that

stern Alberta

n 90,000 hec

han 1000 wel

Spirt River p

vated lithium‐

s. Power Ame

wells represe

g a new targ

erify the hist

aquifers unde

on the Spirit

g will be coll

ted for poten

aquifers unde

nd conductin

region. The

at its Petro

as” or

roved

nerals

Peace

were

a land

ctares

l sites

roject

‐brine

erica’s

enting

get of

torical

erlying

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ected

ntially

erlying

ng the

brine

oleum

Suite 1400, 1111 West Georgia Street, Vancouver, BC V6E 4M3

Tel: 604‐687‐4719 Fax: 604‐687‐4778 www.poweramericascorp.com TSX‐V: PAM

About Power Americas Mineral Corp

Power America’s acquisition strategy focuses on acquiring affordable, cost effective and highly regarded

mineral properties in areas with proven geological potential. These areas include historical and currently

producing mines with existing infrastructure. This strategy includes acquiring 100% interests in mineral

properties, with no payment terms or work program commitments that would threaten a junior mining

company’s financial stability. The Company believes it can create maximum shareholder value efficiently

and cost effectively implementing this acquisition strategy.

Power Americas believes that the demand profile for Lithium, Cobalt and other essential power related

materials will be fundamentally led by the growing adaptation of electric vehicles, renewable energy

and increased production of super alloys. With a focus on identifying and developing ethically sourced

materials within the Americas, the Company intends to address the growing demand for energy metals

that are being driven by innovation and the introduction of new technologies.

Power Americas Minerals Corp. is a Canadian‐based junior mining exploration company focused on the

procurement, exploration and development of cobalt, lithium, copper and other energy metals in North

and South America. The Company’s shares are listed and posted for trading on the TSX Venture

Exchange under the symbol "PAM" and on the Frankfurt Exchange under the symbol “VV0”.

The technical content of this news release has been reviewed and approved by Roy Eccles MSc, P Geol,

of APEX Geoscience Ltd., an independent qualified person as defined by National Instrument 43‐101.

On behalf of the Board of Directors: For more information please contact:

Howard Milne V.P. Business Development

“Jeffrey Cocks” Tel: (604) 377‐8994 Email: [email protected]

Website: www.poweramericascorp.com

Jeffrey Cocks

President

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of

the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NOT FOR DISSEMINATION IN THE UNITED STATES

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