2018 NEWS RELEASES

TSX-V: EDDY    OTCBB: PWMRF    FRANKFURT: VVO

September 18th, 2018 : EDISON COBALT APPOINTS NEW PRESIDENT AND CEO

Vancouver, British Columbia – September 18, 2018Edison Cobalt Corp (Edison Cobalt” or the “Company“) (TSX-V: “EDDY”) is pleased to announce the appointment of Neil Pettigrew, M.Sc., P.Geo. to the position of President and CEO replacing Jeffrey Cocks. Edison Cobalt thanks Mr. Cocks for his service as President and CEO. Mr. Cocks will continue to serve as a director of the Company.

Mr. Pettigrew brings over 15 years of experience in the mineral exploration Industry including significant experience exploring for battery metals, having worked in lithium, cobalt and nickel exploration. He has a long history in northeast Ontario’s Cobalt camp having first worked there in 2004. He received his B.Sc. (Hons.) in Environmental Geochemistry from the University of New Brunswick in 1999 and his M.Sc. in Earth Sciences from the University of Ottawa in 2004. He is a professional geoscientist in good standing registered in Ontario. He has also worked for the Ontario Geological Survey as a Senior Precambrian Geoscientist. Notable companies Mr. Pettigrew has worked with include Rainy River Resources Ltd., PC Gold Inc., Temex Resources Corp., Placer Dome CLA Inc. and Goldcorp Inc. He has held both officer and director positions at several TSX and TSX-V listed junior companies. Mr. Pettigrew is also a founding partner of Fladgate Exploration Consulting Corporation of Thunder Bay, Ontario, a full-service mineral exploration consulting firm providing geological services to both publicly traded and privately-held companies. Mr. Pettigrew originally joined the Company as a director in April 2017 and then as Vice President of Exploration in December 2017.

Neil Pettigrew, President and CEO said: “I look forward to further advancing our Kittson-Cobalt project and would like to thank Mr. Cocks for all that he has done to advance the company to this point.”

About the Kittson-Cobalt Project

The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Thomas Edison, Shakt-Davis and Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,500 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins.

About Edison Cobalt Corp.

Edison Cobalt Corp. is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Edison Cobalt’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “EDDY”, the OTC Pinks under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”.

The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., President & CEO and a director of the Company, and a Qualified Person as defined by National Instrument 43-101.

 

 On behalf of the Board of Directors:                                   For more information please contact:

                                                                                                     Howard Milne V.P. Business Development  

“Neil Pettigrew”                                                                         Tel: (604) 377-8994   Email:  hdmcap@shaw.ca

                                                                                                     Website: www.edisoncobalt.com

Neil Pettigrew

President & CEO

        

Neither 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 this release.

September 11th, 2018 : EDISON COBALT RETURNS UP TO 6.1% COBALT IN INITIAL PROSPECTING FROM THE HISTORIC THOMAS EDISON MINE

Vancouver, British Columbia September 11, 2018Edison Cobalt Corp. (Edison Cobalt” or the “Company“) (TSX-V: “EDDY”) is pleased to announce initial prospecting results from the historic Thomas Edison mine located in the heart of the Kittson-Cobalt project (Click here to view Map). The mine lies on the same fracture system that hosts the historic Shakt-Davis mine located ~1 km to the west.

Jeffrey Cocks, President and CEO said: “The Thomas Edison Mine was a landmark acquisition for the Company. These initial prospecting results confirm the high-grade nature of the mineralization. The Thomas Edison mine has not been explored since 1907 and is the central focus of this summer’s exploration program.”

Initial prospecting of the Thomas Edison mine area by the Company returned up to 6.1% cobalt from waste rock piles. A total of 7 samples from waste rock piles and old trenches were collected, 4 of which assayed in excess of 1% cobalt, the results of which are detailed in Table 1.

Table 1. Preliminary Prospecting Results.

Sample Number Co wt. % Au g/t Ag g/t Cu wt.% Ni wt. % Pb wt. % Zn wt % Bi wt %
469011 2.360 0.354 10.3 0.083 1.390 1.37 0.01 4.41
469012 6.130 0.168 0.9 0.006 2.220 0.005 0.005 0.07
469013 0.025 0.002 14.5 0.138 0.005 1.06 2.58 0.02
469014 2.090 0.002 0.1 0.002 0.126 0.005 0.005 0.02
469015 0.365 0.002 0.1 0.002 0.026 0.005 0.005 0.02
469016 1.020 0.009 0.1 0.002 0.072 0.005 0.005 0.02
469017 0.007 0.002 0.3 0.011 0.002 0.12 0.01 0.02

Exploration Update

Edison Cobalt’s summer exploration program (see news release August 13, 2018) is ongoing.  A total of 2,620 metres (21 holes) have been completed to date, extensive geological mapping and prospecting will continue till mid-fall. The Exploration Program aims to delineate the full extent of the fracture system hosting the three historic mines on the Property: Thomas Edison, Shakt-Davis, and Kittson mines, as well as within the large western claim group acquired in late 2017. Additional results from these programs will be released as they become available.

About the Kittson-Cobalt Project

The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Thomas Edison, Shakt-Davis and Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,700 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extent lead, zinc and bismuth also occur within the quartz-carbonate veins.

About Edison Cobalt Corp.

Edison Cobalt Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Edison Cobalt’s acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “EDDY”, in the USA on the OTC Markets under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”.

The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., Vice President of Exploration and a Director of the Company, and a Qualified Person as defined by National Instrument 43-101.

 On behalf of the Board of Directors:                                   For more information please contact:

                                                                                                     Howard Milne V.P. Business Development  

“Jeffrey Cocks”                                                                          Tel: (604) 377-8994   Email:  hdmcap@shaw.ca

                                                                                                     Website: www.edisoncobalt.com

Jeffrey Cocks

President          

Neither 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 this release.

September 4th, 2018 : POWER AMERICAS ANNOUNCES NAME CHANGE TO EDISON COBALT CORP.
Vancouver, British Columbia – September 4, 2018Power Americas Minerals Corporation (Power Americas” or the “Company“) (TSX-V: “PAM”) is pleased to announce a name change to Edison Cobalt Corp. (TSX-V: EDDY). Management feels the new name will better reflect the history of its principal project, the Thomas Edison Mine, and its creation of future value to shareholders. The Company has received TSX Venture Exchange approval to its proposed name change. Effective September 5, 2018, the Company’s common shares will commence trading under the new name, Edison Cobalt Corp. and under its new trading symbol EDDY. The new CUSIP number is 28088P100 and the new ISIN number is CA28088P1009. There is no consolidation of share capital. Shareholders are not required to exchange their existing share certificates for new certificates bearing the new company name and Company shares held electronically in Direct Registration System will be booked automatically. Please visit the Company’s new website at www.edisoncobalt.com Jeffrey Cocks, President and CEO said: “The Thomas Edison mine, originally developed by the famous inventor and entrepreneur as a source of cobalt for his revolutionary iron-cobalt batteries, was a landmark acquisition for the Company. It became clear that that a name change was needed to reflect value of this acquisition for the company.”  Finally, initial results from the Company’s summer exploration program, which includes the current diamond drilling program on the Thomas Edison Mine property, and extensive regional mapping and prospecting program on the Kittson Cobalt Project (see news release August 13, 2018) are expected to be released shortly. The extensive regional mapping and prospecting program will trace the full extent of the fracture system which hosts Thomas Edison, Shakt-Davis, and Kittson mines as well as follow up on initial prospecting on the western claim group acquired in late 2017 (see new release November 22, 2017). About the Kittson-Cobalt Project The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Thomas Edison, Shakt-Davis and Cobalt-Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,500 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt, and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins. About Power Americas Mineral Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, the OTC Pinks under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”. The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., Vice President of Exploration and a director of the Company, and a Qualified Person as defined by National Instrument 43-101. On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws). Such information is identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”,”outlook”, “foresee” or similar words suggesting future outcomes or statements regarding an outlook.  Forward-looking information includes, but is not limited to, statements or information related to the use of the net proceeds of the Offering. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information except as required by law. Neither 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 this release.
August 14th, 2018 : POWER AMERICAS BEGINS DRILLING ON KITTSON-COBALT PROJECT
Vancouver, British Columbia – August 14, 2018Power Americas Minerals Corporation (Power Americas” or the “Company“) (TSX-V: “PAM”) is pleased to announce it has commenced the summer drill program on their Kittson-Cobalt Project located in the prolific Cobalt Silver Camp in Northeast Ontario, Canada.  A total of 20 holes for 2,000 metres are planned on the newly acquired Thomas Edison Mine (see news release May 30, 2018). Highlights:

 

 

 

 

  • 2,000-meter helicopter supported drill program now underway
  • 20 holes planned at the historic Thomas Edison mine
  • Drill holes lengths ranging from 50 to 200 metres will test mineralization both near surface and below historic workings

Jeffrey Cocks, President and CEO said: “The Thomas Edison mine, originally developed by the famous inventor and entrepreneur as a source of cobalt for his groundbreaking iron-cobalt batteries was a landmark acquisition for Power Americas. The Thomas Edison mine has not seen any exploration since 1907, we are very excited to see the first cobalt results from this historic property in over 100 years.” The drilling program was delayed by severe forest fires in northeast Ontario this summer, one of which burned small portion of the Kittson-Cobalt Project’s western claim group. These fires caused a prohibition by the Ministry of Natural Resources and Forestry of Ontario, on the use of machinery in the woods which was only recently lifted. The fracture zone which hosts the Thomas Edison mine is interpreted to be the same that hosts the Shakt-Davis mine located 1 km to the east. The Shakt-Davis mine has returned grab samples up to 3.66% cobalt (see news release October 3 2017) and 0.46% Co over 1.50 meters in shallow drilling (see news release January 16 2018). Concurrent with the diamond drill program an extensive regional mapping and prospecting program is underway on the Larger Kittson Cobalt project. This program will trace the full extent of the fracture system which hosts Thomas Edison, Shakt-Davis, and Kittson mines as well as follow up on initial prospecting on the western claim group acquired in late 2017 (see new release November 22, 2017). About the Kittson-Cobalt Project The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Thomas Edison, Shakt-Davis and Cobalt-Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,500 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt, and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins. About Power Americas Mineral Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, the OTC Pinks under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”. The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., Vice President of Exploration and a director of the Company, and a Qualified Person as defined by National Instrument 43-101. On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws). Such information is identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”,”outlook”, “foresee” or similar words suggesting future outcomes or statements regarding an outlook.  Forward-looking information includes, but is not limited to, statements or information related to the use of the net proceeds of the Offering. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information except as required by law. Neither 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 this release.

June 6th, 2018 : POWER AMERICAS CONTINUES TO INTERSECT POSITIVE DRILL RESULTS ON ITS KITTSON-COBALT PROJECT
Vancouver, British Columbia – June 06, 2018Power Americas Minerals Corporation (Power Americas” or the “Company“) (TSX-V: “PAM”) is pleased to announce the final results of their winter diamond drilling program on their Kittson-Cobalt Project, located in the prolific Cobalt Silver Camp in Northeast Ontario, Canada. A total of 17 drill holes, totaling 1,750 metres, of BTW-size core were drilled, 15 targeting the historic Shakt-Davis mine area and 2 holes targeting the eastern extension of the historic Edison mine. The results of the final 9 holes of the program are detailed below. The program successfully extended the Shakt-Davis mineralization east of the existing mine workings. Holes KIT-18-009 and -010 represent the furthest east drilling on the Shakt-Davis structure returning up to 0.12% cobalt over 6.23 meters including 0.56% cobalt over 0.57 meters. The mineralization remains open to the east. The final two holes of the program (KIT-18-016 and -017) tested the eastern extension of the historic Edison mine. Both holes successfully intersected the Edison structure returning up to 0.40% cobalt over 0.41 meters, indicating that the Edison structure has exploration potential outside of historic mine workings as well.  A full list of significant intersections is provided in Table 1 below. Drill Location maps and cross-sections can be found on the Company’s website by following: “Click here to view maps and cross sections.”  Table 1. Winter 2018 Diamond Drilling Highlights.

Hole Number From (m) To (m) Width* (m) Co wt.% Au g/t Ag  g/t Cu wt.% Ni wt.%
KIT-18-001 Hole abandoned due to intersecting old workings
KIT-18-002 84.33 85.1 0.77 0.38 0.017 0.1 0.00 0.06
KIT-18-003 No Significant Results
KIT-18-004 90.7 91.62 0.92 0.52 0.009 0.1 0.00 0.06
KIT-18-005 No Significant Results 
KIT-18-006 29.58 40.59 17.85 0.04 0.007 0.2 0.02 0.01
Inc. 29.58 33.30 3.72 0.08 0.079 0.3 0.02 0.01
Inc. 29.58 30.00 0.42 0.42 0.060 0.9 0.00 0.06
KIT-18-007 28.97 34.35 5.38 0.11 0.005 0.2 0.02 0.02
Inc. 30.97 31.27 0.73 0.61 0.020 0.8 0.03 0.10
KIT-18-008 22.26 51.5 29.24** 0.05 0.007 0.2 0.01 0.01
Inc. 22.26 27.34 5.08 0.10 0.003 0.5 0.03 0.02
Inc. 25.63 27.34 1.71 0.18 0.005 0.6 0.03 0.02
And 34.58 35.93 1.35 0.38 0.120 1.2 0.01 0.12
And 48.31 51.50 3.19 0.16 0.003 0.5 0.01 0.03
Inc. 50.60 51.50 0.90 0.36 0.003 0.6 0.01 0.06
KIT-18-009 40.26 40.78 0.52 0.123 0.008 0.400 0.024 0.019
KIT-18-010 50.65 57 6.35 0.123 0.005 0.672 0.049 0.018
Inc. 50.65 51.86 1.21 0.311 0.002 0.553 0.019 0.043
Inc. 50.65 51.22 0.57 0.564 0.001 0.500 0.003 0.072
KIT-18-011 32.09 32.48 0.39 0.104 0.005 0.100 0.000 0.012
KIT-18-012 31.11 33 1.89 0.178 0.008 0.634 0.017 0.019
Inc. 31.11 31.63 0.52 0.47 0.010 0.800 0.014 0.047
KIT-18-013 18 18.55 1.55 0.054 0.012 1.500 0.288 0.003
KIT-18-014 No Significant Results
KIT-18-015 No Significant Results
KIT-18-016 18.4 20.59 2.19 0.056 0.003 0.568 0.026 0.012
KIT-18-017 26.79 29.12 2.33 0.084 0.003 0.828 0.082 0.011
Inc. 26.79 27.2 0.41 0.401 0.003 1.000 0.003 0.031

*All reported widths are drilled core lengths. ** Includes zero grade for un-sampled core from 28.34-33.53m and 37.67-48.31m. ***All grey italicized intercepts are previously released (see PAM news release: 05-23-2018). Commenting on the latest results, Jeffrey Cocks, President and CEO said: “We’re highly encouraged to see that cobalt mineralization extends beyond the historic workings at both the Shakt-Davis and Edison mines. This summer’s exploration program will continue to expand these two zones along strike.”  Planning is currently underway for the summer exploration program which will include follow-up drilling as well as reconnaissance mapping, prospecting, geophysical surveys and soil sampling on the newly-acquired claims at the Property’s southwest extension (see PAM news release: 12-18-2017). Sample Analysis and QA/QC Split core samples were analysed for base metals including Co, Cu, Ni, Pb, and Zn among others, along with Au and Ag at Activation Laboratories in Timmins, Ontario. The analytical codes used include 1A2-Au-50g (fire assay/AAS), 1E-Ag (aqua regia digest/ICP-OES), and 8-peroxide (Na2O2 digest/ICP-OES). Standards and blanks were inserted into the sample stream every 20 samples. The Co-bearing standards used in this program were sourced from CDN Resource Laboratories Ltd. of Langley, British Columbia, and Geostats Pty Ltd. of Western Australia. About the Kittson-Cobalt Project The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Shakt-Davis and Cobalt-Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,500 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt, and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins. About Power Americas Mineral Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, the OTC Markets under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”. The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., Vice President of Exploration and a director of the Company, and a Qualified Person as defined by National Instrument 43-101. On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws). Such information is identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”,”outlook”, “foresee” or similar words suggesting future outcomes or statements regarding an outlook.  Forward-looking information includes, but is not limited to, statements or information related to the use of the net proceeds of the Offering. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information except as required by law. Neither 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 this release.

May 30th, 2018 : POWER AMERICAS ACQUIRES HISTORIC THOMAS EDISON COBALT MINE
Vancouver, British Columbia May 30, 2018Power Americas Minerals Corp. (Power Americas” or the “Company“) (TSX-V: “PAM”) is pleased to announce it has signed an agreement to purchase the historic Thomas Edison mine located in the heart of the Kittson-Cobalt project. The mine lies on the same fracture system that hosts the historic Shakt-Davis mine located ~1 km to the east. The Thomas Edison property, consists of one 16 hectare patented claim with both surface and mineral rights. Power America’s 100% owned Kittson Project now consists of 216 unpatented claims and 1 patented claim totaling 4,440 hectares. Jeffrey Cocks, President and CEO said: “The Thomas Edison Mine is a landmark acquisition for the Company. Over 100 years ago the famous inventor and entrepreneur, Thomas Edison, developed this mine as a source of cobalt for his groundbreaking iron-cobalt batteries. Today, cobalt is once again in demand for the green energy revolution using lithium-cobalt batteries. The Thomas Edison mine has not been explored since 1907 and will be the central focus of this summer’s exploration program.” The Thomas Edison mine, as the name implies, was developed by the famous inventor and entrepreneur Thomas Edison. While Edison is better known for inventions such as the first practical light bulb, he was also very involved in the mining industry. Edison pioneered new geophysical techniques, mineral extraction technologies, and developed the battery powered miners’ head lamp. He was instrumental in the discovery of nickel at Falconbridge, Ontario and also had interests in iron ore in New Jersey, and gold in New Mexico. Edison was heavily involved with the original Cobalt, Ontario silver rush, however it was not the silver he was after.  At the turn of the 20th century, Edison was developing a new cobalt-Iron battery (US patent No. US678722A). Similar to today, Edison had difficulty sourcing sufficient supplies of cobalt. In order to keep the price down, Edison sent undercover representatives to Cobalt, Ontario to buy cobalt bearing minerals, which were produced as a by-products from silver mining in the area, for his battery manufacturing facility in New Jersey. He also used these representatives to attempt to buy high-grade cobalt silver mines and prospects. Eventually Edison acquired the Darby property (now the Thomas Edison Mine) in 1905. From 1905 to 1907 Edison remotely directed operations at the mine which included sinking two shafts to 150 feet, which were connected by an adit, as well as several exploration drifts and crosscuts. Between 6 and 8 tons of ore of unknown grade are reported to have been extracted, but no commercial production is recorded. Edison’s correspondence with his agent in Cobalt who was later his mine manager has been preserved and makes for a fascinating read. It has been well summarized in “TIMES WERE HARD BUT MEMORIES ARE GOOD” Proceeding of the history workshop, Timiskaming Abitibi Heritage Association, April 27, 1996, which is available from Rosanne Fisher Publishing in Haileybury, Ontario. The transaction is expected to close within 30 days. Planning is currently underway on Power Americas’ summer exploration program, which will include follow-up drilling on the property, as well as reconnaissance mapping, prospecting, geophysical surveys and soil sampling on the newly-acquired claims extending to the southwest (see PAM news release: 12-18-2017). Additional results from the Company’s recent drill program will be released as they become available. About the Kittson-Cobalt Project The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Thomas Edison, Shakt-Davis and Cobalt-Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,700 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt, and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins. About Power Americas Mineral Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, in the USA on the OTC Markets under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”. The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., Vice President of Exploration and a director of the Company, and a qualified person as defined by National Instrument 43-101. On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws). Such information is identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”,”outlook”, “foresee” or similar words suggesting future outcomes or statements regarding an outlook.  Forward-looking information includes, but is not limited to, statements or information related to the use of the net proceeds of the Offering. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information except as required by law. Neither 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 this release.
May 23rd, 2018 : POWER AMERICAS INTERSECTS POSITIVE DRILL RESULTS ON ITS KITTSON-COBALT PROJECT
Vancouver, British Columbia – May 23, 2018Power Americas Minerals Corporation (Power Americas” or the “Company“) (TSX-V: “PAM”) is pleased to announce the first results of their winter diamond drilling program on their Kittson-Cobalt Project, located in the prolific Cobalt Silver Camp in Northeast Ontario, Canada.   A total of 17 drill holes, totaling 1,750 metres, of BTW-size core were drilled, 15 targeting the Shakt-Davis mine area and 2 holes targeting the eastern extension of the Edison mine. The program successfully intersected the fracture zone that hosts the Shakt-Davis mineralization over a strike length of 125 metres and to a maximum depth of 170 metres. The fracture zone ranged from 5 to 30 metres wide (drilled core length) and hosted several 0.1 – 1.0 metre quartz-carbonate veins surrounded by intense carbonate alteration. Fracture- and vein-controlled cobalt mineralization in the form of smaltite occurred throughout this zone with values up to 0.05% Co over 29.24 metres.  A full list of significant intersections is provided in Table 1 below. Drill Location maps and cross-sections can be found on the Company’s website by following: “Click here to view maps and cross sections.”  Table 1. Diamond Drilling Highlights.

Hole Number From (m) To  (m) Width* (m) Co wt.% Au g/t Ag  g/t Cu wt.% Ni wt.%
KIT-18-001 Hole abandoned due to intersecting old workings
KIT-18-002 84.33 85.1 0.77 0.38 0.017 0.1 0.00 0.06
KIT-18-003 No Significant Results
KIT-18-004 90.7 91.62 0.92 0.52 0.009 0.1 0.00 0.06
KIT-18-005 No Significant Results
KIT-18-006 29.58 40.59 17.85 0.04 0.007 0.2 0.02 0.01
Inc. 29.58 33.30 3.72 0.08 0.079 0.3 0.02 0.01
Inc. 29.58 30.00 0.42 0.42 0.060 0.9 0.00 0.06
KIT-18-007 28.97 34.35 5.38 0.11 0.005 0.2 0.02 0.02
Inc. 30.97 31.27 0.73 0.61 0.020 0.8 0.03 0.10
KIT-18-008 22.26 51.5 29.24** 0.05 0.007 0.2 0.01 0.01
Inc. 22.26 27.34 5.08 0.10 0.003 0.5 0.03 0.02
Inc. 25.63 27.34 1.71 0.18 0.005 0.6 0.03 0.02
And 34.58 35.93 1.35 0.38 0.120 1.2 0.01 0.12
And 48.31 51.50 3.19 0.16 0.003 0.5 0.01 0.03
Inc. 50.60 51.50 0.90 0.36 0.003 0.6 0.01 0.06

*All reported widths are drilled core lengths. ** Includes zero grade for un-sampled core from 28.34-33.53m and 37.67-48.31m. Commenting on the latest results, Jeffrey Cocks, President and CEO said: “We’re highly encouraged by these broad zones of cobalt mineralization at the historic Shakt-Davis mine area. Coupled with the discovery of Co mineralization in both drill holes further to the east near the Edison workings, these results suggest there may be open pit / bulk tonnage potential within the Kittson-Cobalt Project.” Further results from the drill program will be released as they become available.  Planning is currently underway for Power Americas’ summer exploration program, which will include follow-up drilling around the historic workings on the Property, as well as reconnaissance mapping, prospecting, geophysical surveys and soil sampling on the newly-acquired claims extending to the southwest (see PAM news release: 12-18-2017). Sample Analysis and QA/QC Split core samples were analysed for base metals including Co, Cu, Ni, Pb, and Zn among others, along with Au and Ag at Activation Laboratories in Timmins, Ontario. The analytical codes used include 1A2-Au-50g (fire assay/AAS), 1E-Ag (aqua regia digest/ICP-OES), and 8-peroxide (Na2O2 digest/ICP-OES). Standards and blanks were inserted into the sample stream every 20 samples. The Co-bearing standards used in this program were sourced from CDN Resource Laboratories Ltd. of Langley, British Columbia, and Geostats Pty Ltd., of Western Australia. About the Kittson-Cobalt Project The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Shakt-Davis and Cobalt-Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,500 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt, and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins. About Power Americas Mineral Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, the OTC Markets under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”. The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., Vice President of Exploration and a director of the Company, and a Qualified Person as defined by National Instrument 43-101.   On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws). Such information is identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”,”outlook”, “foresee” or similar words suggesting future outcomes or statements regarding an outlook.  Forward-looking information includes, but is not limited to, statements or information related to the use of the net proceeds of the Offering. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information except as required by law. Neither 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 this release.

May 8th, 2018 : POWER AMERICAS CLOSES $2.6 MILLION PRIVATE PLACEMENT CO-LED BY CANACCORD GENUITY AND GRAVITAS SECURITIES
Vancouver, British Columbia May 8, 2018Power Americas Minerals Corp. (Power Americas” or the “Company“) (TSX-V: “PAM”) is pleased to announce that it has completed the previously announced (see news release dated April 24, 2018) brokered private placement of flow-through common shares (the “Flow-Through Shares”) and non-flow-through units (the “Units”). The brokered private placement consisted of 6,666,666 Flow-Through Shares (increased from the previously announced amount of 3,333,333 Flow-Through Shares) at a price of $0.15 per Flow-Through Share and 11,216,666 Units at a price of $0.15 per Unit, for total gross proceeds of $2,682,500 (the “Private Placement”). Each Unit consists of one common share (a “Common Share”) of the Company and one common share purchase warrant (a “Warrant”) exercisable into one Common Share of the Company at a price of $0.25 per Warrant for a period of 36 months from the date hereof. The Flow-Through component of the Private Placement was oversubscribed. The Private Placement was brokered by Canaccord Genuity Corp. and Gravitas Securities Inc. (together “the Agents”). The Agents were paid a commission comprised of a cash fee in the amount of $214,600 and issued an aggregate of 1,430,666 Agents’ warrants. Each Agents’ warrant is exercisable into one Unit at a price of $0.15 per Unit for a period of 36 months from the date hereof.  In addition, the Company also issued the Agents 894,166 Units as a corporate finance fee in connection with the Private Placement. All securities issued under the Private Placement, including securities issuable on exercise thereof, are subject to a hold period expiring four months and one day from the date hereof. The Company intends to use the net proceeds from the Offering for exploration on its mineral properties and general working capital. About Power Americas Minerals Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, in the USA on the OTC Markets under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”.   On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com This news release contains “forward-looking information” (within the meaning of applicable Canadian securities laws). Such information is identified with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “potential”, “estimate”, “propose”, “project”,”outlook”, “foresee” or similar words suggesting future outcomes or statements regarding an outlook.  Forward-looking information includes, but is not limited to, statements or information related to the use of the net proceeds of the Offering. Such forward-looking information or statements are based on a number of risks, uncertainties and assumptions which may cause actual results or other expectations to differ materially from those anticipated and which may prove to be incorrect. Forward-looking information and statements contained in this news release are as of the date of this news release and the Company assumes no obligation to update or revise this forward-looking information except as required by law. Neither 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 this release.
April 24, 2018 : POWER AMERICAS ANNOUNCES AMENDMENT TO TERMS OF BROKERED PRIVATE PLACEMENT
Vancouver, British Columbia April 24, 2018Power Americas Minerals Corp. (Power Americas” or the “Company“) (TSX-V: “PAM”) announces that it has re-priced its previously announced brokered private placement of flow-through common shares (the “Flow-Through Shares”) and non-flow-through units (the “Units”) (see news release dated March 13, 2018). The private placement is  being re-priced in order to more accurately reflect the current market price of the Company’s common shares. The brokered private placement will now consist of up to 3,333,333 Flow-Through Shares at a price of $0.15 per Flow-Through Share and 13,333,333 Units at a price of $0.15 per Unit, for gross proceeds of approximately $2,500,000 (the “Offering”). Each Unit shall consist of one common share (a “Common Share”) of the Company and one common share purchase warrant (a “Warrant”) exercisable into one Common Share of the Company at a price of $0.25 per Warrant for a period of 36 months from the closing date. The Company has also granted the Agents an option to sell an additional 3,333,333 Flow-Through Shares of the Company and an additional 6,666,667 Units on the same terms as the Offering to raise additional gross proceeds of up to $1,500,000. The Company may pay fees and commissions on the Offering within the amounts permitted by the policies of the TSX Venture Exchange. The Offering is expected to close on or about May 4, 2018 and is subject to the approval of the TSX Venture Exchange and customary closing conditions for brokered financings. The Company intends to use the proceeds from the Offering for exploration on its mineral properties and general working capital. About Power Americas Minerals Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, in the USA on the OTC Markets under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”.   On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com Neither 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 this release.
March 13, 2018 : POWER AMERICAS ANNOUNCES $2,500,000 BROKERED PRIVATE PLACEMENT CO-LED BY CANACCORD GENUITY AND GRAVITAS SECURITIES
Vancouver, British Columbia March 13, 2018Power Americas Minerals Corp. (Power Americas” or the “Company“) (TSX-V: “PAM”) is pleased to announce that it has engaged Canaccord Genuity Corp. (“Canaccord”) and Gravitas Securities Inc. (collectively with Canaccord, the “Agents”) to act as co-lead Agents on a commercially reasonable efforts basis in connection with a brokered private placement of up to 2,500,000 flow-through common shares (the “Flow-Through Shares“) at a price of $.20 per Flow-Through Share and 10,000,000 non-flow-through units (the “Units”) at a price of $0.20 per Unit, for gross proceeds of approximately $2,500,000 (the “Offering”). Each Unit shall consist of one common share (a “Common Share”) of the Company and one common share purchase warrant (a “Warrant”) exercisable into one Common Share of the Company at a price of $0.25 per Warrant for a period of 36 months from the closing date. The Company has also granted the Agents an option to sell an additional 2,500,000 Flow-Through Shares of the Company and an additional 5,000,000 Units on the same terms as the Offering to raise additional gross proceeds of up to $1,500,000 (the “Over-Allotment Option”). The Company may pay fees and commissions on the Offering within the amounts permitted by the policies of the TSX Venture Exchange. The Offering is expected to close on or about April 12, 2018 and is subject to approval of the TSX Venture Exchange and customary closing conditions for brokered financings. The Company intends to use the proceeds from the Offering for exploration on its mineral properties and general working capital. About Power Americas Mineral Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, the OTC Pinks under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”. The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., a director of the Company, and a Qualified Person as defined by National Instrument 43-101. On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com Neither 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 this release.
February 8, 2018 : POWER AMERICAS CLOSES PROPERTY ACQUISITION AT KITTSON
Vancouver, British Columbia February 8, 2018Power Americas Minerals Corp. (Power Americas” or the “Company“) (TSX-V: “PAM”) is pleased to announce it has closed its previously announced (see news release 11-22-2017) acquisition of an additional 100% interest in 10 unpatented mining claims totaling 140 units having a combined area of approximately 2,240 hectares. Power America’s 100% owned Kittson Project now consists of 15 unpatented mining claims totaling 208 units having a combined area of approximately 3330 hectares. Eight of the new claims are contiguous to Power America’s Kittson property located approximately 8 km northwest of the town of Latchford and 120 km by road north of North Bay in the Coleman, Kittson and Brigstocke Townships of the Larder Lake Mining Division, in Northeastern Ontario. Two of the new claims are approximately 5 km south of the Kittson properties southern boundary. This newly acquired ground has prospective geology covering Nipissing diabase and is interpreted to host the western extension of the Shakt-Davis and Edison mine structures. Due diligence sampling this past fall by the company on these structures returned up to 0.97% Co (see news release 12-19-2017).  Two separate claims ~5 kilometres south of the Kittson property cover a cobalt showing which has returned up to 0.14% Cobalt and 0.68 g/t gold listed in the Ontario Geological Surveys Mineral Deposit Inventory (MDI31M05SW00020) and previously held by Tri-Origin Exploration. Further field work is planned for this spring to in order to generate drill targets on this new ground. Drilling continues on the Shakt-Davis mine structure (see news release 01-23-2018), with 5 holes totaling ~800m completed thus far. Power Americas acquired 100% interest in the properties for a purchase price of $1,511,250 paid by the issuance of 13,000,000 common shares of the Company at a deemed price of $0.11625 per share. About the Kittson-Cobalt Project The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Shakt-Davis and Cobalt-Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,500 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt, and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins. About Power Americas Mineral Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, the OTC Pinks under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”. The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., a director of the Company, and a Qualified Person as defined by National Instrument 43-101. On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com Neither 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 this release.
January 23, 2018 : POWER AMERICAS BEGINS DRILLING ON THE KITTSON-COBALT PROJECT
Vancouver, British Columbia – January 23, 2018Power Americas Minerals Corporation (Power Americas” or the “Company“) (TSX-V: “PAM”) is pleased to announce it has commenced drilling on their 100% owned Kittson-Cobalt Project located in the prolific Cobalt Silver Camp in Northeast Ontario, Canada.  A total of 18 holes for 2,000 metres are planned for following up on the results of the fall 2017 ultralight drill program (see news release January 16 2018). Key Highlights:

  • 2,000 m helicopter supported diamond drill program now underway
  • 16 holes planned at the historic Shakt-Davis mine
  • 2 holes planned on the northern extension of the historic Edison mine
  • Drill holes lengths ranging from 75 to 250 metres will test mineralization both near surface and below historic workings

Jeffrey Cocks, President and CEO said: “The Shakt-Davis mine will be the initial focus, this historic mine is hosted by a relatively wide laterally extensive fracture zone hosted in a diabase dyke. This program which will test both the consistency and depth extent of cobalt mineralization within this structure.” The fracture zone with hosts the Shakt-Davis mine has returned grab samples up to 3.66% cobalt (see news release October 3 2017) and 1.62% Co over 0.3 meters in shallow drilling (See news release January 16 2018). The northern extension of the Edison mine hosts numerous historic trenches which have returned up to 0.49% Co in grab samples (see new release October 3 2017). About the Kittson-Cobalt Project The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Shakt-Davis and Cobalt-Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,500 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt, and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins. About Power Americas Mineral Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, the OTC Pinks under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”. The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., a director of the Company, and a Qualified Person as defined by National Instrument 43-101. On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com Neither 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 this release.

January 16, 2018 :POWER AMERICAS INTERSECTS 1.62% Co OVER 0.30 METRES AND 0.46% Co OVER 1.5 METRES IN DIAMOND DRILLING ON THE KITTSON-COBALT PROJECT
Vancouver, British Columbia – January 16, 2018Power Americas Minerals Corporation (Power Americas” or the “Company“) (TSX-V: “PAM”) is pleased to announce the results of their ultralight diamond drilling program on their Kittson-Cobalt Project, located in the prolific Cobalt Silver Camp in Northeast Ontario, Canada. A total of seven shallow drill holes, totaling 161m, of BTW-size core were drilled beneath overburden-filled historic workings in the Shakt-Davis mine area. The program successfully intersected the fracture zone that hosts the Shakt-Davis mineralization over a strike length of 55 metres and to a maximum depth of 30 metres. The fracture zone ranged from 5 to 13 metres wide (drilled core length) and hosted several 0.1 – 1.0 metre quartz-carbonate veins surrounded by intense carbonate alteration. Fracture- and vein-controlled cobalt mineralization in the form of smaltite and erythrite (“cobalt bloom”) occurred throughout this zone with values as high as 1.62% Co over 0.3 metres.  A full list of significant intersections is provided in Table 1. below. Drill Location maps and cross sections can be found on the Company’s website by following: “Click here to view maps and cross sections.” Table 1. Diamond Drilling Highlights.

Hole Number From (m) To (m) Width* (m) Co wt.% Au g/t Ag  g/t Cu wt.% Ni wt.%
KIT-17-001 8.77 9.07 0.30 1.62 0.029 1.40 0.01 0.18
KIT-17-002 12.15 14.78 2.63 0.14 0.005 0.01 0.02 0.01
KIT-17-003 7.36 8.7 1.34 0.25 0.007 0.34 0.03 0.03
KIT-17-004 Hole abandoned before target depth
KIT-17-005 No Significant Results
KIT-17-006 11 12.2 1.50 0.46 0.012 0.20 0.04 0.05
And 18.32 19.35 1.03 0.12 0.109 0.01 0.00 0.02
KIT-17-007 15.72 16.6 0.88 0.37 0.009 0.60 0.02 0.06

*All reported widths are drilled core lengths. Commenting on the latest results, Jeffrey Cocks, President and CEO said: “We’re highly encouraged by this initial drill program. These results represent the first drilling since the 1940’s at the Shakt-Davis mine and confirms the cobalt-rich nature of this extensive fracture zone. The fracture zone which hosts the Shakt-Davis mine is related to those which also host the Kittson and Edison mines to the north and east, respectively, cumulatively representing over 3km of strike length.”  Mobilization and final planning of a follow up 2000 metre diamond drill program with a larger drill rig is currently underway, with drilling expected to begin by the end of January. The purpose of the winter drill program is to further test this mineralization at greater depths at Shakt-Davis and to test the northern extension of the Edison Mine. Further results will be released as they become available. Sample Analysis and QA/QC Split core samples were analysed for base metals including Co, Cu, Ni, Pb, and Zn among others, along with Au and Ag at Activation Laboratories in Thunder Bay, Timmins, and Ancaster, depending on the analytical package. The analytical codes used include 1A2-Au-50g (fire assay/AAS), 1E-Ag (aqua regia digest/ICP-OES), and 8-peroxide (Na2O2 digest/ICP-OES). Standards and blanks were inserted into the sample stream every 20 samples. The Co-bearing standard used in this program was sourced from CDN Resource Laboratories Ltd. of Langley, British Columbia. About the Kittson-Cobalt Project The Project is located near the town of Cobalt in northeast Ontario, Canada. The Project hosts the historic Shakt-Davis and Cobalt-Kittson mines, as well as numerous historic workings, the deepest extending down to 628 feet, and over 2,500 feet of lateral workings. Cobalt mineralization occurs in Proterozoic-aged quartz-carbonate veins hosted in brittle shears in Nipissing diabase. This style of mineralization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 million ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that they are lower in silver but richer in cobalt, and are associated with significant gold. Historic reports from the Shakt-Davis mine indicate values of 1.5% Co over 1.37 metres and select grab samples returning up to 4% Co and 93.3 g/t Au. Locally significant nickel, copper and to a lesser extend lead, zinc and bismuth also occur within the quartz-carbonate veins. About Power Americas Mineral Corp. Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Power Americas’ acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properties in areas with proven geological potential. The Company’s shares are listed and posted for trading on the TSX Venture Exchange under the symbol “PAM”, the OTC Pinks under the symbol “PWMRF”, and on the Frankfurt Exchange under the symbol “VV0”. The technical content of this news release has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., a director of the Company, and a Qualified Person as defined by National Instrument 43-101. On behalf of the Board of Directors: “Jeffrey Cocks” Jeffrey Cocks President For more information please contact: Howard Milne V.P. Business Development Tel: (604) 377-8994 Email: hdmcap@shaw.ca Website: www.poweramericascorp.com Neither 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 this release.

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