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XXIX.V ·

Power Ore Changes its name to QC Copper and

Corporate Actions

Power Ore Changes its name to QC Copper and

Gold, effective September 28, 2020

/NOT FOR DISTRIBUTION TO

UNITED STATES

NEWSWIRE SERVICES OR

FOR DISSEMINATION IN

THE UNITED STATES

/

TORONTO

,

Sept. 24, 2020

/CNW/ - PowerOre Inc. (the "

Company

" or "

PowerOre

") (TSXV: PORE) is pleased

to announce that effective

September 28, 2020

, the Company will change its name from "PowerOre Inc." to "QC

Copper and Gold Inc." with a new trading symbol of "QCCU" on the TSX Venture Exchange.

To view the Company's new corporate presentation and branding as QC Copper & Gold please click here.

"There are no other fundamental changes to our business except for a new name and a refocused message and

brand. We felt the name

QC Copper and Gold

better reflects the evolution of our Company. QC represents our

focus within

Quebec

, while Copper & Gold are the commodities which are most prevalent within our Opemiska

Project but also the

Chibougamau

district at large", said

Stephen Stewart

, Power Ore's CEO.

These changes take effect

September 28, 2020

and QC Copper & Gold invites shareholders to view its brand

new website on that date. Until then, the Company has provided a sample of its branding and corporate

presentation linked above. On the same date the new CUSIP for the Company's shares will be 74738B109 and

the new ISIN number will be CA74738B1094.

About the Opemiska Copper Complex

The Opemiska Copper Complex is located adjacent to the town of

Chapais, Quebec

within the

Chibougamau

region. Opemiska is also within the Abitibi Greenstone belt and within the boundaries of the Province of

Quebec's

Plan Nord which promotes and funds infrastructure and development of natural resource projects. The Opemiska

property covers 12,782 hectares and covers the past producing Springer, Perry, Robitaille and Cooke mines

which were owned and operated by

Falconbridge

. The project has excellent in place infrastructure including a

power station and direct access to Highway 113 and the Canadian National Railway.

For information and updates on PowerOre, please visit:

www.powerore.com

And please follow us on Twitter @PowerOre

N

either TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain information in this press release may contain forward-looking statements. This information is based on

current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual

results might differ materially from results suggested in any forward-looking statements. Power Ore is a trade

name of PowerOre Inc. PowerOre Inc. assumes no obligation to update the forward-looking statements, or to

update the reasons why actual results could differ from those reflected in the forward looking-statements unless

and until required by securities laws applicable to PowerOre Inc. Additional information identifying risks and

uncertainties is contained in filings by PowerOre Inc. with Canadian securities regulators, which filings are

available under PowerOre Inc. profile at

www.sedar.com

.

SOURCE

Power Ore

View original content:

http://www.newswire.ca/en/releases/archive/September2020/24/c7595.html

%SEDAR: 00045293E

For further information:

To speak to the Company directly, please contact: Stephen Stewart, Chief Executive

Officer, Phone:

416.644.1571, Email: [email protected], www.powerore.com

CO: Power Ore

CNW 08:21e 24-SEP-20