Power Metallic - OTC Markets Request
Power Metallic - OTC Markets Request
TORONTO
,
March 6, 2026
/CNW/ -
Power Metallic Mines Inc
.
(the "Company" or "Power
Metallic")
(TSX-V: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) Power Metallic has engaged, in the
past 12 months, Native Ads, Inc., Apaton Finance GmbH and Sideways Frequency LLC to provide
investor relations, public relations, marketing and other related services, including the marketing of
the Company or its securities. All of such relationships have been disclosed in the Company's news
releases (see November 4, 2025 news release) and filed with the TSX Venture Exchange. Each of
Native Ads, Inc., Apaton Finance GmbH and Sideways Frequency LLC are arm's-length, third party
marketing firms contractually retained by the Company in accordance with routine industry practice
to provide investor relations services, as previously announced by the Company. Sideways
Frequency LLC was paid an additional USD100,000 under the terms of its contract with the
Company, in addition to the amount noted in the November 4, 2025 news release.
As part of the Company's efforts towards investor awareness, the above-named third party
providers organize and facilitate the creation and distribution of marketing material under their
engagements with the Company. The third party providers utilize the Company's public disclosure to
create content and the Company overall retains control over the content of the marketing material.
As set out in the Company's November 4, 2025 news release, digital media advertising, social media
commentary, articles and email campaigns about the Company were part of the services the
Company had arranged. The marketing material was available through YouTube, Instagram and
other online platforms ("Marketing Activity"). All content was based on publicly available disclosures,
including the Company's press releases, corporate presentation and financial statements. The
statements made in the marketing material were not materially false or misleading. The Company
will continue such Marketing Activity throughout the term of the existing engagements to continue
efforts to drive investor awareness towards the Company.
The OTC Markets Group Inc. ("OTC Markets") has requested the Company to issue this statement
regarding the recent promotional/Marketing Activity concerning the Company and its common shares
traded on the OTCQX marketplace.
In addition, after inquiring with its management, directors, officers, control persons and third party
service providers (other than Native Ads, Inc., Apaton Finance GmbH and Sideways Frequency LLC
), the Company confirms that none of such parties have directly or indirectly been involved in any
way with the creation, distribution or payment of marketing materials related to the Company and its
securities, except as described in this press release; or sold or purchased the Company's securities
in the past 90 days, except in connection with the exercise of outstanding stock options or warrants
of the Company (for which directors and officers have disclosed such purchases and/or sales on
SEDI).
Other than as previously disclosed in the Company's public continuous disclosure filings, the
Company has not issued any shares or convertible instruments allowing conversion to equity
securities at prices constituting a discount to the current market rate at the time of the issuance.
About Power Metallic Mines Inc.
Power Metallic is a Canadian exploration company focused on advancing the Nisk Project Area
(Nisk–Lion–Tiger)--a high–grade Copper–PGE, Nickel, gold and silver system--
toward Canada's next polymetallic mine.
On 1 February 2021, Power Metallic (then Chilean Metals) secured an option to earn up to 80% of
the Nisk project from Critical Elements Lithium Corp. (TSX–V: CRE). Following the June 2025
purchase of 313 adjoining claims (~167 km²) from Li–FT Power and the staking of land in the Lion
Zone area (100 km²) the Company now controls 313 km² and roughly 50 km of prospective basin
margins.
Power Metallic is expanding mineralization at the Nisk and Lion discovery zones, evaluating the Tiger
target, and exploring the enlarged land package through successive drill programs.
Beyond the Nisk Project Area, Power Metallic indirectly has an interest in significant land packages
in British Columbia and Chile, by its 50% share ownership position in Chilean Metals Inc., which
wase spun out from Power Metallic via a plan of arrangement on February 3, 2025.
It also owns 100% of Power Metallic Arabia which owns 100% interest in the Jabul Baudan
exploration license in The Kingdon of Saudi Arabia's JabalSaid Belt. The property encompasses over
200 square kilometres in an area recognized for its high prospectivity for copper gold and zinc
mineralization. The region is known for its massive volcanic sulfide (VMS) deposits, including the
world-class Jabal Sayid mine and the promising Umm and Damad deposit.
For further information, readers are encouraged to contact:
Power Metallic Mines Inc.
The Canadian Venture Building
82 Richmond St East, Suite 202
Toronto, ON
Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for
the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This message contains certain statements that may be deemed "forward-looking statements"
concerning the Company within the meaning of applicable securities laws. Forward-looking
statements are statements that are not historical facts and are generally, but not always, identified
by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects,"
"potential," "indicates," "opportunity," "possible" and similar expressions, or that events or conditions
"will," "would," "may," "could" or "should" occur. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable assumptions, such
statements are not guarantees of future performance, are subject to risks and uncertainties, and
actual results or realities may differ materially from those in the forward-looking statements. Such
material risks and uncertainties include, but are not limited to, among others: the impact of Marketing
Activity; the timing for various drilling plans and the receipt of results from drilling conducted; the
ability to raise sufficient capital to fund its obligations under its property agreements going forward
and conduct drilling and exploration; to maintain its mineral tenures and concessions in good
standing; to explore and develop its projects; changes in economic conditions or financial markets;
the inherent hazards associates with mineral exploration and mining operations; future prices of
nickel and other metals; changes in general economic conditions; accuracy of mineral resource and
reserve estimates; the potential for new discoveries; the ability of the Company to obtain the
necessary permits and consents required to explore, drill and develop the projects and if accepted,
to obtain such licenses and approvals in a timely fashion relative to the Company's plans and
business objectives for the applicable project; the general ability of the Company to monetize its
mineral resources; and changes in environmental and other laws or regulations that could have an
impact on the Company's operations, compliance with environmental laws and regulations,
dependence on key management personnel and general competition in the mining industry.
View original content to download multimedia:
https://www.prnewswire.com/news-releases/power-metallic--otc-markets-request-302707251.html
SOURCE Power Metallic Mines Inc.
View original content to download multimedia:
http://www.newswire.ca/en/releases/archive/March2026/06/c5068.html
%SEDAR: 00007586E
For further information:
For further information on Power Metallic Mines Inc., please contact:
Duncan Roy, VP Investor Relations, 416-580-3862, [email protected]
CO: Power Metallic Mines Inc.
CNW 17:19e 06-MAR-26