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EDDY.V ·

News Release US OTC Markets: Pwmrf

Corporate Updates

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 MARKETS: PWMRF

FRANKFURT: VV0

POWER AMERICAS ANNOUNCES NAME CHANGE TO EDISON COBALT CORP.

Vancouver, British Columbia – September 4, 201 8 – Power Americas Minerals Corp oration (“Power

Americas” or the "Company") (TSX-V: “PAM”) is pleased to announce a name change to Edison Cobalt

Corp. (TSX-V: ED DY). Management feels the new name will better reflect the history of it s principal

project, the Thomas Edison Mine, and its creation of future value to shareholders.

The Company has received TSX Venture Exchange approval to its proposed name change. Effective

September 5, 2018, the Company's common shares will commence trading under the new name, Edison

Cobalt Corp. and under its new trading symbol EDDY. The new CUSIP number is 28088P100 and the new

ISIN number is CA28088P1009. There is no consolidation of share capital. Shareholders are not required

to exchange their ex isting share certificates for new certificates bearing the new company name and

Company shares held electronically in Direct Registration System will be booked automatically.

Please visit the Company’s new website at www.edisoncobalt.com

Jeffrey Cocks , President and CEO said: “ The Thomas Edison mine, originally developed by the famous

inventor and entrepreneur as a source of cobalt for his revolutionary iron-cobalt batteries, was a landmark

acquisition for the Company. It became clear that that a name change was needed to reflect value of this

acquisition for the company.”

Finally, initial results from the Company’s summer exploration program , which includes the current

diamond drill ing program on the Thomas Edison Mine property, and extensive regional mapping and

prospecting program on the Kittson Cobalt Project (see news release August 13, 2018) are expected to be

released shortly. The extensive regional mapping and prospecting program will trace the full extent of the

fracture system which hosts Thomas Edison, Shakt-Davis, and Kittson mines as well as follow up on initial

prospecting on the western claim group acquired in late 2017 (see new release November 22, 2017).

About the Kittson-Cobalt Project

The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic

Thomas Edison, Shakt-Davis and Cobalt-Kittson mines, as well as numerous historic workings, the deepest

extending down to 628 feet, and over 2,500 feet of lateral workings. Cobalt mineralization occurs in

Proterozoic-aged quartz -carbonate veins hosted in brittle shears in Nipissing diabase. This style of

mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property ,

which produced 420 million ounces of silver with cobalt as a significant by -product. Veins hosting t he

mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that t hey

are lower in silver but richer in cobalt, and are associated with significant gold. Historic reports from the

Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4%

Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also

occur within the quartz-carbonate veins.

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

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

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 Exchange under the symbol "PAM", the OTC Pinks under

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

The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc.,

P.Geo., Vice President of Exploration and a director of the Company, and a 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.