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POWER METALS GRANTS STOCK OPTIONS

Power Metals Corp. has granted five million incentive stock options to officers, directors, employees and consultants of the company. The options are exercisable at a price of 25.5 cents per share for a period of five years from the date of grant.

About Power Metals Corp.

Power Metals is a diversified Canadian mining company with a mandate to explore, develop and acquire high-quality mining projects. The company is committed to building an arsenal of projects in both lithium and high-growth specialty metals and minerals. Power Metals sees an unprecedented opportunity to supply the tremendous growth of the lithium battery and clean-technology industries.