Power Metals Engages Independent Trading Group as Market Maker
POWER METALS ENGAGES INDEPENDENT TRADING GROUP AS MARKET MAKER
VANCOUVER, BRITISH COLUMBIA – February 18th, 2022 ‐ Power Metals Corp. ("Power Metals"
or the "Company") (TSX VENTURE:PWM)(FRANKFURT:OAA1)(OTC:PWRMF) announces that,
subject to regulatory approval, it has engaged the services of Independent Trading Group
("ITG") to provide market‐making services in accordance with TSX Venture Exchange TSXV
policies. ITG will trade shares of the Company on the TSXV and all other trading venues with the
objective of maintaining a reasonable market and improving the liquidity of the Company's
common shares.
Under the agreement, ITG will receive compensation of CAD$7,000 per month, payable
monthly in advance. The agreement is for an initial term of three months and will renew for
additional one‐month terms unless terminated. The agreement may be terminated by either
party with 30 days' notice. There are no performance factors contained in the agreement and
ITG will not receive shares or options as compensation. ITG and the Company are unrelated and
unaffiliated entities and at the time of the agreement, neither ITG nor its principals have an
interest, directly or indirectly, in the securities of the Company.
About Independent Trading Group
ITG is Canada's only brokerage firm dedicated specifically to professional trading. As Canada's
foremost Market Making Firm, ITG provides Market Making and Liquidity Provider services that
are objective and focused. With its head office in Toronto, ITG employs real traders and
provides real liquidity, with an underlying emphasis on integrity and success.
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 minerals. 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 & 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 Regulation 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 jurisdiction.
Power Metals Corp.
Johnathan More
646‐661‐0409
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 they 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.