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Almanac Intel fuses public Canadian government data into one sourced, time-stamped picture of the critical minerals sector. Open, public, and licensed data only.

Briefings Dossiers Sources Methodology

Evidence over designations. Every claim is traceable to an official public record. Assessments are AI-generated analysis, labelled as such, and never a designation of any party.

Entity dossier: Power Metals Corp · Almanac Intel

Company

Power Metals Corp

Foreign interests

Entries from the documented foreign-interest register that name this entity as the Canadian or foreign party.

Sinomine (Hong Kong) Rare Metals Resources Co. Ltd.ChinaPrivate

Ordered by Canada's Industry Minister (Francois-Philippe Champagne) to divest its investment in Power Metals Corp, announced Nov 2-3 2022, part of a package of three simultaneous divestiture orders following a national-security review under the Investment Canada Act.

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Sinomine (Hong Kong) Rare Metals Resources Co., Ltd.ChinaPrivate

Ordered by Canada under Investment Canada Act national-security review (Minister François-Philippe Champagne) to divest its stake in Power Metals Corp, Nov 2, 2022; one of three simultaneous divestiture orders targeting Chinese-linked investors in Canadian lithium juniors.

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Alerts

deal_flowCanadaNov 2, 2022
Divestiture ordered: Sinomine (Hong Kong) Rare Metals Resources Co., Limited to divest Power Metals Corp
Sinomine (Hong Kong) Rare Metals Resources Co., Limited was ordered to divest its investment in Power Metals Corp following a national security review under the Investment Canada Act (decided 2022-11-02). The foreign party is registered in Hong Kong.
Investment Canada Act: national security decisions (ISED) →

What to watch

The weekly pipeline run picks up new tenure, staking, and ownership changes as they post to the source registers.
Foreign-interest entries are compiled from public reporting and updated as new stakes, divestitures, or Investment Canada Act orders are documented.