Letter to Shareholders |
Dear Valued Shareholder, I would like to take this opportunity to thank all of you for your support and trust with Power Metals Corp. As all of you are aware the battery metal sector (ie Lithium) has endured a very difficult time over the past 15 months. Investor sentiment has reached its lowest levels since the electric vehicle boom commenced. However, we strongly feel that there will be a significant increase in lithium speculation and sentiment in the very near future. Power Metals has assembled an exceptional portfolio of properties with our Case Lake Project leading the charge. Power Metals' press releases over the past several months have been focused on the development of the resource at Case Lake. This includes metallurgical testing followed by our upcoming maiden resource calculation. In 2018 Power Metals drilled more than any other hard rock lithium exploration company in North America with significant results. We feel that shareholders will be rewarded for this past work as investor sentiment improves. Management and insiders are fully committed to this Company and have increased ownership substantially. We will continue to drive value to the Company with our planned work and will be recommencing drilling in the near future. Management believes that we are extremely undervalued at our current level and will be working hard to improve our market presence. Kindest Regards, Johnathan More |
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