Company Power One Resources Corp.

Power One Resources Corp is a Canada-based company, which is engaged in acquisition and exploration of rare earth elements. The Company’s two mineral properties include the Pecors Property and the Wicheeda North Property. The Pecors Property is located about 115 kilometers (km) west of Sudbury and about 16 km east of Elliot Lake, Ontario. It is prospective for copper, nickel and platinum group element (PGE) mineralization. The Wicheeda North Property is located about 80 km due north of the city of Prince George and 60 km east of the community of Bear Lake, British Columbia. It is prospective for rare earth element (REE) mineralization. The Wicheeda North Property has approximately 1,444 hectares (ha) of claims in the Cariboo Mining Division, British Columbia, with the claim block adjoining the Defense Metals Corp.