BRIEF-Power Minerals Enters Into Fully Funded JV And Secures 100% Offtake

Reuters10-10

Oct 10 (Reuters) - Power Minerals Ltd :

* POWER TO ENTER INTO FULLY FUNDED JV AND 100% OFFTAKE SECURED

* POWER ADVANCING TO FULLY FUNDED JV & 100% OFF TAKE AT PULAR LITHIUM PROJECT

* CO AND HENG LI TECHNOLOGY COMPLETED DUE DILIGENCE FOR PROPOSED JV

* HENGLI PROPOSES TO PURCHASE 100% OF LITHIUM CONCENTRATE PRODUCED AT PULAR PROJECT

* POWER HAS FUNDING AND DEVELOPMENT AGREEMENTS IN PLACE FOR INCAHUASI, RINCON AND PULAR PROJECTS

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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