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BRIEF-Pele Mountain forms subsidiary for energy projects, proposes corporate restructuring

Published 2017-02-02, 02:05 p/m
Updated 2017-02-02, 02:10 p/m
© Reuters.  BRIEF-Pele Mountain forms subsidiary for energy projects, proposes corporate restructuring

Feb 2 (Reuters) - Pele Mountain Resources Inc GEM.V

* Pele Mountain forms subsidiary for energy projects, proposes corporate restructuring and name change

* Pele Mountain Resources - formation of unit, Sage Power Corporation to advance its energy generation and storage projects in northern Ontario

* Pele Mountain Resources Inc - management is recommending up to 1 for 10 share consolidation Source text for Eikon: ID:nMKWV4Y9Fa Further company coverage: GEM.V

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