Subject: Power Americas Closes Property Acquisition at Kittson
PLAIN TEXT:
<html><head> <title>Power Americas Closes Property Acquisition at Kittson</title></head><body><div style="font-fami
--->ly: Arial, Helvetica, Sans-Serif; font-size: 10pt;"><table><tr><td width=270><img src="http://www.newsfilecorp.com/ima
--->ges/newsfile-wire-logo.jpg" width="248" height="54" alt="Newsfile Corp." /></td><td><h2 style="font-family: Arial, Hel
--->vetica, Sans-Serif;color:#0C2081;">Power Americas Closes Property Acquisition at Kittson</h2></td></tr></table><hr sty
--->le="color: #0C2081; background-color: #0C2081; height: 5px; margin: 20px 0px;" /><h3 style="font-family: Arial, Helve
--->tica, Sans-Serif;color:#0C2081;margin-top:5px;"><i></i></h3><p>Vancouver, British Columbia--(Newsfile Corp. - February
---> 8, 2018) - <b>Power Americas Minerals Corp</b><b>. (TSXV: PAM) (</b>"<b>Power Americas</b>"<b> </b>or<b> </b>the "<b>
--->Company</b>") 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 approximate
--->ly 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.</p><p>Eight of the new claims are contiguous to Power Am
--->erica's Kittson property located approximately 8 km northwest of the town of Latchford and 120 km by road north of Nor
--->th Bay in the Coleman, Kittson and Brigstocke Townships of the Larder Lake Mining Division, in Northeastern Ontario. T
--->wo of the new claims are approximately 5 km south of the Kittson properties southern boundary.</p><p>This newly acquir
--->ed ground has prospective geology covering Nipissing diabase and is interpreted to host the western extension of the S
--->hakt-Davis and Edison mine structures. Due diligence sampling this past fall by the company on these structures return
--->ed up to 0.97% Co (see news release 12-19-2017). Two separate claims ~5 kilometres south of the Kittson property cove
--->r a cobalt showing which has returned up to 0.14% Cobalt and 0.68 g/t gold listed in the Ontario Geological Surveys Mi
--->neral 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. </p><p>Drilling continues on the Shakt-Davi
--->s mine structure (see news release 01-23-2018), with 5 holes totaling ~800m completed thus far.</p><p>Power Americas a
--->cquired 100% interest in the properties for a purchase price of $1,511,250 paid by the issuance of 13,000,000 common s
--->hares of the Company at a deemed price of $0.11625 per share. </p><p><b>About the Kittson-Cobalt Project</b> </p><p>Th
--->e 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 2,50
--->0 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. Vein
--->s hosting the mineralization at the Kittson-Cobalt Project differ from the typical Cobalt Silver Camp veins in that th
--->ey 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-carbona
--->te veins. </p><p><b>About Power Americas Mineral Corp.</b></p><p>Power Americas Minerals Corporation is a Canadian-bas
--->ed junior mining exploration company focused on the procurement, exploration and development of cobalt, lithium and ot
--->her energy metals in North and South America. Power Americas' acquisition strategy focuses on acquiring affordable, co
--->st-effective and highly regarded mineral properties in areas with proven geological potential. The Company's shares ar
--->e listed and posted for trading on the TSX Venture Exchange under the symbol "PAM", in the USA on the OTC Markets unde
--->r the symbol "PWMRF", and on the Frankfurt Exchange under the symbol "VV0".</p><p>The technical content of this news r
--->elease has been reviewed and approved by Neil Pettigrew, M.Sc., P.Geo., a director of the Company, and a qualified per
--->son as defined by National Instrument 43-101.</p><p><b>On behalf of the Board of Directors:</b></p><p><i>"Jeffrey Cock
--->s</i><i>"</i></p><p><b>Jeffrey Cocks<br />President</b></p><p><b>For more information please contact:<br />Howard Miln
--->e </b><b>V.P. Business Development </b><b> </b><br /><b>Tel: </b><b>(604) 377-8994 </b><b>Email: </b><b><a href="ma
--->ilto:hdmcap@shaw.ca">hdmcap@shaw.ca</a><br />Website: </b><b><a href="http://www.poweramericascorp.com">www.powerameri
--->cascorp.com</a></b><b> </b></p><p><i>Neither TSX Venture Exchange nor its Regulation Services Provider (as that term i
--->s defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
--->.</i></p><p style="text-align: center;"><i> </i><i></i></p></div></body></html><p>If you no longer want to receive
--->messages from us <a href='http://orders.newsfilecorp.com/unsubscribe.aspx?id=news@stockwatch.com&token=ab3b8818eda7506
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<html><head>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8"><title>Power Americas Closes Property Acquisition a
--->t Kittson</title></head><body><div style="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt;"><table><tr><td
--->width="270"><img src="http://www.newsfilecorp.com/images/newsfile-wire-logo.jpg" width="248" height="54" alt="Newsfile
---> Corp."></td><td><h2 style="font-family: Arial, Helvetica, Sans-Serif;color:#0C2081;">Power Americas Closes Property A
--->cquisition at Kittson</h2></td></tr></table><hr style="color: #0C2081; background-color: #0C2081; height: 5px; margin
--->: 20px 0px;"><h3 style="font-family: Arial, Helvetica, Sans-Serif;color:#0C2081;margin-top:5px;"><i></i></h3><p>Vancou
--->ver, British Columbia--(Newsfile Corp. - February 8, 2018) - <b>Power Americas Minerals Corp</b><b>. (TSXV: PAM) (</b>
--->"<b>Power Americas</b>"<b> </b>or<b> </b>the "<b>Company</b>") is pleased to announce it has close
--->d its previously announced (see news release 11-22-2017) acquisition of an additional 100% interest in 10 unpatented m
--->ining claims totaling 140 units having a combined area of approximately 2,240 hectares. Power America's 100% owned Kit
--->tson Project now consists of 15 unpatented mining claims totaling 208 units having a combined area of approximately 33
--->30 hectares.</p><p>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 Tow
--->nships 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.</p><p>This newly acquired ground has prospective geology covering Nipiss
--->ing diabase and is interpreted to host the western extension of the Shakt-Davis and Edison mine structures. Due dilige
--->nce 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 pre
--->viously held by Tri-Origin Exploration. Further field work is planned for this spring to in order to generate drill ta
--->rgets on this new ground. </p><p>Drilling continues on the Shakt-Davis mine structure (see news release 01-23-2018), w
--->ith 5 holes totaling ~800m completed thus far.</p><p>Power Americas acquired 100% interest in the properties for a pur
--->chase price of $1,511,250 paid by the issuance of 13,000,000 common shares of the Company at a deemed price of $0.1162
--->5 per share. </p><p><b>About the Kittson-Cobalt Project</b> </p><p>The Project is located near the town of Cobalt in n
--->ortheast Ontario, Canada. The Project hosts the historic Shakt-Davis and Cobalt-Kittson mines, as well as numerous his
--->toric 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 minera
--->lization is similar to that of the famous Cobalt Silver Camp Located ~15 km east of the Property, which produced 420 m
--->illion ounces of silver with cobalt as a significant by-product. Veins hosting the mineralization at the Kittson-Cobal
--->t 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 less
--->er extend lead, zinc and bismuth also occur within the quartz-carbonate veins. </p><p><b>About Power Americas Mineral
--->Corp.</b></p><p>Power Americas Minerals Corporation is a Canadian-based junior mining exploration company focused on t
--->he procurement, exploration and development of cobalt, lithium and other energy metals in North and South America. Pow
--->er Americas' acquisition strategy focuses on acquiring affordable, cost-effective and highly regarded mineral properti
--->es in areas with proven geological potential. The Company's shares are listed and posted for trading on the TSX Ventur
--->e 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".</p><p>The technical content of this news release has been rev
--->iewed and approved by Neil Pettigrew, M.Sc., P.Geo., a director of the Company, and a qualified person as defined by N
--->ational Instrument 43-101.</p><p><b>On behalf of the Board of Directors:</b></p><p><i>"Jeffrey Cocks</i><i>"
---></i></p><p><b>Jeffrey Cocks<br>President</b></p><p><b>For more information please contact:<br>Howard Milne </b><b>V.P.
---> Business Development </b><b> </b><br><b>Tel: </b><b>(604) 377-8994 </b><b>Email: </b><b><a href="mailto:hdmcap@sha
--->w.ca">hdmcap@shaw.ca</a><br>Website: </b><b><a href="https://mandrillapp.com/track/click/30568383/www.poweramericascor
--->p.com?p=eyJzIjoiREloMEFHdF9mb2MtenlzUmNHYXVyWHpMMUFZIiwidiI6MSwicCI6IntcInVcIjozMDU2ODM4MyxcInZcIjoxLFwidXJsXCI6XCJodH
--->RwOlxcXC9cXFwvd3d3LnBvd2VyYW1lcmljYXNjb3JwLmNvbVwiLFwiaWRcIjpcIjY2NWQyZmZjZDk4OTQ2NDk4YWEzZGNhODQ0NzNkYjI2XCIsXCJ1cmxf
--->aWRzXCI6W1wiZjY5NzhlYTEzODkxOTA1YjkwMmMzNjRiNWFjYmU5ZWVkMzEzMzM3M1wiXX0ifQ">www.poweramericascorp.com</a></b><b> </b><
--->/p><p><i>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.</i></p><p style="text-alig
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