News Release US OTC : Pwmrf

Suite 1080, 789 West Pender Street, Vancouver, BC V6C 1H2

Tel: 604-687-4719 Fax: 604-687-4778 www.poweramericascorp.com

TSX VENTURE EXCHANGE: PAM NEWS RELEASE

US OTC : PWMRF

FRANKFURT: VV0

Power Americas Announces $2,500,000 Brokered Private Placement Co-Led by Canaccord

Genuity and Gravitas Securities

Not for distribution to United States newswire services or for dissemination in the United States

Vancouver, British Columbia March 13, 2018 –Power Americas Minerals Corp. ( “Power Americas ” or the

"Company ") (TSX-V: “ PAM”) is pleased to announce that it has engaged Canacco rd Genuity Corp.

(“Canaccord”) and Gravitas Securities Inc. (collectiv ely with Canaccord, the “ Agents ”) to act as co-lead

Agents on a commercially reasonable efforts basis in connection with a brokered private placement of up

to 2,500,000 flow-through common shares (the “ Flow-Through Shares ") at a price of $.20 per Flow-

Through Share and 10,000,000 non-flow-through units (the "Units" ) at a price of $0.20 per Unit, for gross

proceeds of approximately $2,500,000 (the “ Offering ”).

Each Unit shall consist of one common share (a “ Common Share ”) of the Company and one common share

purchase warrant (a “ Warrant ”) exercisable into one Common Share of the Company at a price of $0.25

per Warrant for a period of 36 months from the closing date.

The Company has also granted the Agents an option to sell an additional 2,500,000 Flow-Through Shares

of the Company and an additional 5,000,000 Units on the same terms as the Offering to raise additional

gross proceeds of up to $1,500,000 (the “ Over-Allotment Option ”).

The Company may pay fees and commissions on the Offering within the amounts permitted by the policies

of the TSX Venture Exchange. The Offering is expected to close on or about April 12, 2018 and is subject

to approval of the TSX Venture Exchange and customary closing conditions for brokered financings.

The Company intends to use the proceeds from the Offering for exploration on its mineral properties and

general working capital.

About Power Americas Mineral Corp.

Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on

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

South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and

highly regarded mineral properties in areas with proven geological potential. The Company’s shares are

listed and posted for trading on the TSX Venture Exch ange under the symbol "PAM", in the USA on the

OTC Markets under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”.

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

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

On behalf of the Board of Directors: For more inf ormation please contact:

Howard Milne V.P. Business Development

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

Website: www.poweramericascorp.com

Jeffrey Cocks

President

“Not for distribution to United States newswire services or for dissemination in the United States”;

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

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