A total of $98,295 of debt will be settled with the issuance of 655,300 shares at $0.15 per share. All shares will be subject to a four month hold period from the date of issuance. The debt settlement remains subject to TSX Venture Exchange approval.
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NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES
NEWS RELEASE
VANCOUVER, BRITISH COLUMBIA, January 25, 2019 – Power Metals Corp. (the “Company”)
(TSXV: PW M) (FRANKFURT: OAA1) (OTC: PWRMF ) announces that it has entered into an
agreement to settle certain debt with a creditor.
A total of $98,295 of debt will be settled with the issuance of 655,300 shares at $0.15 per share. All
shares will be subject to a four month hold period from the date of issuance.
The debt settlement remains subject to TSX Venture Exchange approval.
About Power Metals Corp.
Power Metals Corp. is a diversified Canadian mining company with a mandate to explore, develop and
acquire high quality mining projects. It is committed to building an arsenal of projects in both lithium
and high -growth specialty metals and minerals. It sees an unprecedented opportunity to supply the
tremendous growth of the lithium battery and clean- technology industries. Learn more at
www.powermetalscorp.com
ON BEHALF OF THE BOARD
“Brent Butler”
CEO and Director
Neither the 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 the content of this news release.
No securities regulatory authority has either approved or disapproved of the contents of this news release. The
securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act"), or any state securities laws, and may not be offered or sold in the United
States, or to, or for the account or benefit of, a "U.S. person" (as defined in Re gulation S of the U.S. Securities Act)
unless pursuant to an exemption therefrom. This press release is for information purposes only and does not
constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdi ction.
FOR FURTHER INFORMATION PLEASE CONTACT:
Power Metals Corp.
Johnathan More
646-661-0409