Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

PWM.V ·

Power Metals Appoints Johnathan More as CEO

Management Changes

POWER METALS APPOINTS JOHNATHAN MORE AS CEO

VANCOUVER, BRITISH COLUMBIA – May 25, 2022 - Power Metals Corp. ("Power Metals" or

the " Company") (TSX VENTURE:PWM)(FRANKFURT:OAA1)(OTC:PWRMF) is pleased to

announce the appointment of the Company’s founder, Johnathan More , as Chief Executive Officer.

Johnathan More also serves as the Company’s Chairman to the Board. Mr. Brent Butler , the Company’s

previous CEO will remain as an independent director of the Company.

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. We are committed to building an arsenal of projects in both lithium

and high- growth specialty metals and mineral s. We see 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,

Johnathan More, Chairman & CEO

Power Metals Corp.

Johnathan More

646-661-0409

[email protected]

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 Regulation S of the U.S. Securities Act) unless pursuant to an exemption theref rom. 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 jurisdiction.

Cautionary Note Regarding Forward-Looking Information

This press release contains forward-looking information based on current expectations, including the use

of funds raised under the Offering. These statements should not be read as guarantees of future

performance or results. Such statements involve known and unknown risks, uncertainties and other

factors that may cause actual results, performance or achievements to be materially different from those

implied by such statements. Although such statements are based on management's reasonable

assumptions, Power Metals assumes no responsibility to update or revise forward -looking information to

reflect new events or circumstances unless required by law.

Although the Company believes that the expectations and assumptions on which the forward -looking

statements are based are reasonable, undue reliance should not be placed on the forward -looking

statements because the Company can give no assurance that they will prove to be correct. Since forward -

looking statements address future events and conditions, by their very nature the y involve inherent risks

and uncertainties. These statements speak only as of the date of this press release. Actual results could

differ materially from those currently anticipated due to several factors and risks including various risk

factors discussed in the Company's disclosure documents which can be found under the Company's

profile onwww.sedar.com.

This press release contains "forward -looking statements" within the meaning of Section 27A of the

Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended

and such forward- looking statements are made pursuant to the safe harbor provisions of the Private

Securities Litigation Reform Act of 1995. The TSXV has neither reviewed nor approved the contents of

this press release.