Power Group Projects Corp. — Board/Management Information 2024

Nov 2, 2024

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POWER GROUP ANNOUNCES CHANGE OF DIRECTORS

November 1, 2024 – Vancouver, BC - Power Group Projects Corp. (TSXV: PGP) (the " Company ") is pleased to confirm that Mr. Brad Kitchen has joined its Board of Directors, effective October 16, 2024.

Mr. Kitchen has a 35 year record consisting of investment banking and senior corporate management including the responsibility for operations and financings for primarily, resource based, small, medium and large private and public companies. Extensive knowledge of resource exploration and development acquired over the last 20 years of working in the mining and oil and gas industries. Significant experience in mergers and acquisitions, public listings, all forms of equity and debt markets, derivatives, interest rate sensitive products and micro-cap financings. Structured financings utilising traditional capital market products to match corporate needs. Used detailed knowledge of regulatory, security and tax issues, crossborder financings, market influences to address business challenges of issuers and investors. Both a leader and team player in corporate critical situations generating synergies, creating corporate successes and achieving set targets and goals. An excellent motivator and communicator who enjoys working with teams and public speaking.

The Company would also like to confirm that Tara Leray replaced David Kwok as the Chief Financial Officer of the Company.

For further information, please contact:

Aleem Nathwani Chief Executive Officer and Chairman Tel: (604) 290-7073 Email: aleem.nathwani@gmail.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Statements in this release may contain forward-looking information. Any statements in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “would”, “anticipate”, “expects”, and similar expressions. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement. The forward-looking statements contained in this press release are made as of the date of this press release. The Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law.