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Power Metals Corp.

11:43 AM EST - Power Metals Corp. : Is in the process of gathering and sending a 10 kg spodumene sample of mineralized material originating from the Company's Case Lake lithium project in Ontario. The Company's 20% working interest partner MGX Minerals Inc. executed a Letter of Intent with Orion Laboratories of Rockford, Tennessee and Light Metals International Inc. to jointly develop and commercialize a new method of extraction of lithium compounds from spodumene (hard rock) material or concentrate. Power Metals Corp. shares V.PWM are trading up $0.01 at $0.63.