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POWER METALS GRANTS INCENTIVE STOCK OPTIONS
Power Metals Corp. has granted incentive stock options to an adviser of the company to purchase 2.5 million shares at a price of 80 cents per share, exercisable for two years. The options shall vest over a period of 12 months in four equal tranches, the first of which will vest three months after the date of grant. The stock options shall be subject to the terms and conditions of the company's current stock option plan. The option grant is subject to approval of the TSX Venture Exchange.
About Power Metals Corp.
Power Metals is a Canadian exploration company focused on developing high-quality critical mineral projects.
Its flagship Case Lake property in Ontario -- 100 per cent owned by Power Metals -- is a high-grade cesium, lithium and tantalum asset, poised to become one of only four cesium mines globally.
Beyond Case Lake, the company's portfolio includes the Decelles and Mazerac properties near Val d'Or, Que. Together, these assets cover 947 claims spanning more than 330 square kilometres of lithium-cesium-tantalum (LCT) prospective ground.
As global demand for critical minerals continues to grow global and particularly in North America, Power Metals is strategically advancing its projects to support the continent's growing supply needs.
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