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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

May 30, 2019 – Pure Energy Minerals Limited (the “Company” or “Pure Energy”) (TSX.V: PE) is pleased to report that the previously announced Earn-In Agreement with Schlumberger Technology Corporation (“STC”) for the development of the Clayton Valley Project in Nevada (the “Transaction”) has become effective. In connection with the Transaction, the Company received requisite approval from its shareholders.  (See news release of May 1, 2019).

Concurrent with the effectiveness of the Transaction, the Company has completed the previously announced private placement (the “Private Placement”) with Schlumberger Canada Limited (“SCL”) for 32,431,737 common shares of the Company at a price of C$0.0615 per common share for gross proceeds of US$1,500,000 with a 6% cash commission payable to an arm’s-length party on closing of the Private Placement. In addition, SCL has concurrently converted its US$400,000 convertible note dated February 20, 2019 issued by the Company (the “Note”) for 5,523,707 common shares of the Company. Following the Private Placement and the conversion of the Note, SCL holds approximately 19.9% of the common shares of the Company.

“Pure Energy Minerals is exceptionally proud to announce the approval of the Transaction with Schlumberger for the development of its Clayton Valley lithium brine property,” stated Mary Little, Pure Energy Minerals’ director. “The Transaction results in minimal dilution to Pure Energy shareholders and provides ongoing funding for the Company. As lithium products are a high per-unit value commodity, our future NSR and advance royalty structure will create significant value going forward. Finally, we believe this positive development has potential to benefit companies active in the Clayton Valley region for years to come.”

About Pure Energy Minerals

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry.  Pure Energy has consolidated a pre-eminent land position at its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprising 948 claims over 23,360 acres (9,450 hectares), representing the largest mineral land holdings in the valley.   Pure Energy’s Clayton Valley Project adjoins and surrounds on three sides the Silver Peak lithium brine mine operated by Albemarle Corporation. The Company has completed a Preliminary Economic Assessment (“PEA”) for the Clayton Valley Project (news releases of June 26, 2017 and April 5, 2018).

Quality Assurance

Walter Weinig, Professional Geologist and Qualified Person as designated by the Mining and Metallurgical Society of America (MMSA registration #01529QP), is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Weinig is not independent of the Company, as he is a former officer.

On Behalf of the Board

“Mary L. Little”

Mary L. Little
Director

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone: 604 608 6611

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking information within the meaning of applicable securities laws.  Often, but not always, forward looking information can be identified by the use of words such as “will”, “expects”, “intends” and similar expressions as they relate to the Company. In particular, this press release contains forward-looking information relating to the exploration and development of the Clayton Valley Project and the proposed transactions with the Investor.  Forward looking information pertaining to the Company is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking information. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry and changes to regulations affecting the mining industry. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

May 17, 2019 – Pure Energy Minerals Limited (the “Company” or “Pure Energy”) (TSX.V: PE) announces that it has distributed to all shareholders, by mail or email, its Notice of Meeting, Information Circular and Proxy (the “AGM Package”), for an annual general and special meeting to be held on May 28, 2019 at 9:30 a.m. Pacific time, at 1040 W. Georgia St., #1500, Vancouver, British Columbia, Canada.

The Board has unanimously determined that the terms of the earn-in transaction to be voted upon by shareholders, as disclosed in a news release dated May 1, 2019, are in the best interests of the Company, are fair and reasonable to the Company, and unanimously recommends that shareholders vote in favour of the resolutions contained in the AGM Package.

The AGM Package has been posted to the Company’s website at http://www.pureenergyminerals.com/2019-annual-and-special-meeting/ as well as on SEDAR (www.sedar.com).  Shareholders are urged to download a copy of the AGM Package, if not already received by mail, and to vote in favour of the special resolution therein.  The transaction will not become effective without the affirmative vote of at least two-thirds of the votes cast by Pure Energy shareholders who vote in person or by proxy on the special resolution at the Meeting.

About Pure Energy Minerals

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry.  Pure Energy has consolidated a pre-eminent land position at its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprising 948 claims over 23,360 acres (9,450 hectares), representing the largest mineral land holdings in the valley.   Pure Energy’s Clayton Valley Project adjoins and surrounds on three sides the Silver Peak lithium brine mine operated by Albemarle Corporation. The Company has completed a Preliminary Economic Assessment (“PEA”) for the Clayton Valley Project (news releases of June 26, 2017 and April 5, 2018).

Quality Assurance

Walter Weinig, Professional Geologist and Qualified Person as designated by the Mining and Metallurgical Society of America (MMSA registration #01529QP), is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Weinig is not independent of the Company, as he is a former officer.

ON BEHALF OF THE BOARD

“Mary L. Little”

Mary L. Little
Director

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone: 604 608 6611

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking information within the meaning of applicable securities laws.  Often, but not always, forward looking information can be identified by the use of words such as “will”, “expects”, “intends” and similar expressions as they relate to the Company. In particular, this press release contains forward-looking information relating to the exploration and development of the Clayton Valley Project and the proposed transactions with the Investor.  Forward looking information pertaining to the Company is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking information. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry and changes to regulations affecting the mining industry. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

May 1, 2019 – Pure Energy Minerals Limited (the “Company” or “Pure Energy”) (TSX.V: PE) is pleased to announce that it has reached agreement with subsidiaries of Schlumberger Limited (collectively, the “Investor”) on the terms of an earn-in agreement (the “Earn-In Agreement”) providing for the development of the Company’s Clayton Valley lithium project in Nevada (the “Clayton Valley Project”).

Under the Earn-In Agreement, the Company has granted an option (the “Option”) in favour of the Investor to acquire all of the Company’s interests in the Clayton Valley Project (the “Transaction”). The Investor may earn into the Option by constructing a pilot plant for the processing of lithium brine (the “Pilot Plant”) at its cost and expense. The Investor has a three-year period in which to exercise the Option (commencing on the receipt of the final federal and state permits required to construct the Pilot Plant) and may only exercise the Option if it has completed construction of the Pilot Plant and test work which achieves certain parameters.

Upon exercise of the Option, the Company will be entitled to a 3.0% net smelter returns royalty on minerals produced at the Clayton Valley Project and an advance minimum royalty payment of US$400,000 per year starting January 1, 2021 for a period of five years or until the Clayton Valley Project achieves commercial production.

The Transaction, which is the result of negotiations between arm’s length parties, is subject to the approval of Pure Energy shareholders and other customary conditions (including the approval of the TSX Venture Exchange). The Company has called an Annual General and Special Meeting of its shareholders for May 28, 2019 (the “Meeting”) to consider and approve the Transaction, and expects the Transaction to become effective shortly following the Meeting. The Company intends to mail an information circular in respect of the Meeting containing additional details regarding the Transaction to Pure Energy shareholders in the coming days.

Upon the Transaction becoming effective, the Investor has also agreed to invest US$1,500,000 in the Company on a private placement basis (the “Placement”) for 32,421,737 common shares to be issued at a price per common share of $0.0615. The Company intends to use the proceeds of the Placement to make certain property payments and for general corporate purposes. Upon the closing of the Placement, the convertible note in a principal amount of US$400,000 previously issued by the Company to the Investor will automatically convert into Pure Energy common shares (the “Conversion”). After giving effect to the Placement and the Conversion, the Investor will hold approximately 19.9% of Pure Energy’s issued and outstanding common shares.

The closing of the Placement and the Conversion is conditional upon the Earn-In Agreement becoming effective and the approval of the TSX Venture Exchange (in addition to other customary conditions). On closing, the Company and the Investor will enter into an investor rights agreement providing for, among other things, the right of the Investor to nominate one director to the board of directors of Pure Energy (the “Board”) and certain anti-dilution rights, in each case, for so long as the Investor holds at least 5% of the outstanding common shares of the Company.

About Pure Energy Minerals

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry.  Pure Energy has consolidated a pre-eminent land position at its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprising 948 claims over 23,360 acres (9,450 hectares), representing the largest mineral land holdings in the valley.   Pure Energy’s Clayton Valley Project adjoins and surrounds on three sides the Silver Peak lithium brine mine operated by Albemarle Corporation.

The Company has completed a Preliminary Economic Assessment (“PEA”) for the Clayton Valley Project (news releases of June 26, 2017 and April 5, 2018) which includes an updated resource calculation and a preliminary economic evaluation. The economic analysis presented in the PEA is based upon inferred mineral resources only. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the Project envisioned by the PEA will be realized.

The Company and its technical consultants have also completed the basic design for the proposed pilot plant which could cost an estimated $15 to $25 million US dollars (news release of May 31, 2018). The lithium-bearing brines identified at the Clayton Valley Project are of high quality with very low impurity levels, and have been shown by small scale pumping tests to be amenable to conventional extraction.  Pure Energy has received a finite-term water right permit from the Nevada Department of Water Resources which is sufficient for construction and operation of the envisioned pilot plant and testing of brines (news release of January 3, 2019).

Quality Assurance

Walter Weinig, Professional Geologist and Qualified Person as designated by the Mining and Metallurgical Society of America (MMSA registration #01529QP), is a qualified person as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects and supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Weinig is not independent of the Company, as he is a former officer.

ON BEHALF OF THE BOARD

“Mary L. Little”

Mary L. Little
Director

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone: 604 608 6611

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking information within the meaning of applicable securities laws.  Often, but not always, forward looking information can be identified by the use of words such as “will”, “expects”, “intends” and similar expressions as they relate to the Company. In particular, this press release contains forward-looking information relating to the exploration and development of the Clayton Valley Project and the proposed transactions with the Investor.  Forward looking information pertaining to the Company is subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking information. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry and changes to regulations affecting the mining industry. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

DENVER, CO – (April 1, 2019) – Pure Energy Minerals Limited (TSX VENTURE:PE) (OTCQB:PEMIF) (the “Company” or “Pure Energy”) announces that subject to regulatory approval, it will be issuing 1,086,441 shares at a deemed value of $0.13 per share to settle payments owing for former management services and out of pocket expenses.

Pure Energy’s board of directors is focused on the successful advancement and development of the Clayton Valley (“CV”) Project and is engaged in discussions with interested potential strategic partners and funding parties.  The Company appreciates the continued support of its shareholders, and the companies and individuals who are working closely with Pure Energy towards achieving this goal.

Pure Energy is seeking a partner with technical and financial resources, the critical elements required to building the pilot plant and the future development of lithium production capacity at the CV Project.

About Pure Energy Minerals Limited

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry.  Pure Energy has consolidated a pre-eminent land position at its CV Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprising 948 claims over 23,360 acres (9,450 hectares), representing the largest mineral land holdings in the valley.   Pure Energy’s CV Project adjoins and surrounds on three sides the Silver Peak lithium brine mine operated by Albemarle Corporation.

The Company has completed a Preliminary Economic Assessment (“PEA”) for the CV Project (news releases of June 26, 2017 and April 5, 2018) which includes an updated resource calculation and a preliminary economic evaluation. The Company and its technical consultants have also completed the basic design for the proposed pilot plant (news release of May 31, 2018). The lithium-bearing brines identified at the CV Project are of high quality with very low impurity levels, and have been shown by small scale pumping tests to be amenable to conventional extraction.  Pure Energy has received a finite-term water right permit from the Nevada Department of Water Resources (“NDWR”) which is sufficient for construction and operation of the envisioned pilot plant and testing of brines (news release of January 3, 2019).

On behalf of the Board of Directors,

“Mary L. Little”
Director, Pure Energy Minerals Ltd.

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone – 604 608 6611

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include future exploration and development on the CV Project.  Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

DENVER, CO – (March 11, 2019) – Pure Energy Minerals Limited (TSX VENTURE:PE) (OTCQB:PEMIF) (the “Company” or “Pure Energy” announces that subject to regulatory approval, it will be issuing 204,615 shares at a deemed value of $0.13 per share as compensation for advisory services, pursuant to and as defined by a consulting advisory agreement dated May 28, 2018.

Pure Energy’s board of directors is focused on the successful advancement and development of the CV Project and is engaged in discussions with interested potential strategic partners and funding parties. The Company appreciates the continued support of its shareholders, and the companies and individuals who are working closely with Pure Energy towards achieving this goal.

About Pure Energy Minerals Limited

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry. The Company is developing the CV Project in Clayton Valley, Nevada, where it has completed a Preliminary Economic Assessment (“PEA”) (news releases of June 26, 2017 and April 5, 2018). The lithium-bearing brines identified at the CV Project are of high quality with very low impurity levels, and have been shown by small scale pumping tests to be amenable to conventional extraction.

On behalf of the Board of Directors, “Mary L. Little”

Director, Pure Energy Minerals Ltd.

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone – 604 608 6611

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward- looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include future exploration and development on the CV Project. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

DENVER, CO – (March 4, 2019) – Pure Energy Minerals Limited (TSX VENTURE:PE) (OTCQB:PEMIF) (the “Company” or “Pure Energy”) is pleased to provide a corporate update to shareholders. The Company announces that it has made a US$300,000 option payment to GeoXplor Corp. (“GeoXplor”), as required by an option agreement signed on May 10, 2017 with subsequent amendments, between Pure Energy, GeoXplor and Clayton Valley Lithium Inc.  In addition, shares were issued to GeoXplor Ltd., pursuant to the option agreement, as detailed in a news release of January 11, 2019.

During the initial months of 2019, Pure Energy has been actively pursuing necessary regulatory steps in the State of Nevada to advance future activities at the Clayton Valley Project (“CV Project”).  These include the receipt of a finite term water right which is more than sufficient for the development of a planned Pilot Plant, as detailed in a news release of January 2, 2019.  In addition, certain steps have been followed to promote the access to potential future water rights in Clayton Valley, Nevada.

Pure Energy is engaged in discussions with interested potential strategic partners, and with regards to various financing alternatives.  Pure Energy’s board of directors is focused on the successful advancement and development of the CV Project.  The Company appreciates the continued support of its shareholders, and the companies and individuals who are working closely with Pure Energy towards achieving this goal in a difficult market.

Quality Assurance

Walter Weinig, Professional Geologist and Qualified Person as designated by the Mining and Metallurgical Society of America (MMSA registration #01529QP), is a qualified person as defined by NI 43-101 and supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Weinig is not independent of the Company as he is a former officer.

About Pure Energy Minerals Limited

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry. The Company is developing the CV Project in Clayton Valley, Nevada, where it has completed a Preliminary Economic Assessment (“PEA”) (news releases of June 26, 2017 and April 5, 2018).  The lithium-bearing brines identified at the CV Project are of high quality with very low impurity levels, amenable to conventional pumping.  On behalf of the Board of Directors,

“Mary L. Little”
Director, Pure Energy Minerals Ltd.

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone – 604 608 6611

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include future exploration and development on the CV Project.  Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

Vancouver, BC – (February 19, 2019) – Pure Energy Minerals Limited (TSX VENTURE:PE) (OTCQB:PEMIF) (the “Company” or “Pure Energy”) announces that it will undertake a private placement offering (the “Offering”) of a US$400,000 Senior Convertible Promissory Note (the “Note”) with a placee unrelated to the Company (the “Holder”). The outstanding principal of the Note shall be paid to the Holder on or prior to the maturity date of February 19, 2020, unless previously prepaid by the Company or converted, at the option of the Holder, into fully paid and non-assessable shares at Cdn$0.10 per share.

Pursuant to the Offering, the Note will bear interest at the rate of 13.95% per annum, compounded monthly and payable in arrears on the maturity date. If the Holder elects to receive shares in satisfaction of the payment, pursuant to the policies of the TSX Venture Exchange, the number and terms of any securities issued to pay such accrued interest shall be based upon a price per security that is not less than the Market Price of the Company’s shares at the time the accrued interest becomes payable. The Company has the right, under certain conditions, to prepay the outstanding principal and accrued interest under the Note two months after the closing of the Offering.  A finder’s fee is payable in the amount of 6% of the Offering in cash.

Any shares issued upon conversion of the principal amount of the Note and any accrued interest will be subject to certain resale restrictions, including a restricted (or “hold”) period of four months following the distribution date, under applicable Canadian securities legislation.

The Company intends to use the proceeds from the Offering to make certain property payments and for general corporate purposes.

About Pure Energy Minerals Limited

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry. The Company is developing the Clayton Valley Project (“CV Project”) in Clayton Valley, Nevada.  Pure Energy has developed core strengths in innovative development and processing technologies for lithium brines and lithium mineral deposits. Key attributes and activities include:

  • A large, strategic land position with excellent infrastructure in a first-class mining jurisdiction: approximately 10,542 hectares (26,050 acres) in Clayton Valley, Esmeralda County, Nevada, located a 3- hour drive from the Gigafactory;
  • An inferred mineral resource of approximately 247,000 tonnes of lithium hydroxide (218,000 tonnes of LCE) at the CV Project with an average grade of 123 mg/L lithium;
  • The only lithium brine resource in North America to yield a positive Preliminary Economic Assessment (“PEA”) including an estimated after-tax NPV (8% discount) of US $264 million and an estimated IRR of 21%;
  • Advanced metallurgical test work demonstrating the improved efficacy of a new, environmentally responsible lithium processing technology that produces low-cost battery grade lithium hydroxide.

On behalf of the Board of Directors,

“Mary L. Little”

Director

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone – 604 608 6611

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward looking statements in this release may include, completion of the private placement and the amount to be raised by the Company, successful development of a new lithium process, and future exploration on the CV Project. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The economic analysis contained in the PEA is based on inferred resources, which are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. The PEA is preliminary in nature and there is no certainty that the PEA will be realized. See the Company’s most recent technical report on the CV Project, filed under the Company’s profile on SEDAR at www.sedar.com, for a discussion of the key parameters and assumptions used in the preparation of the economic analysis.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

DENVER, CO – (February 13, 2019) – Pure Energy Minerals Limited (TSX VENTURE:PE) (OTCQB:PEMIF) (the “Company” or “Pure Energy”) announces that, further to its news release of January 11, 2019, it has received regulatory approval to an agreement to settle debt of $34,128.84.  The Company issued 262,530 common shares in the capital of the Company at a discounted market price of $0.13 per share.

In addition, subject to regulatory approval, the Company has agreed to settle $54,662.65 owing to a contractor, by the issuance of 420,481 common shares at a price of $0.13 per share.

About Pure Energy Minerals Limited

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry. The Company is developing the Clayton Valley Project (“CV Project”) in Clayton Valley, Nevada, the most advanced primary lithium brine project located in North America. The lithium-bearing brines identified at the CV Project contain very low levels of deleterious elements and have been shown by small scale pumping tests to be amenable to conventional extraction.  Pure Energy has completed a Preliminary Economic Assessment (“PEA”) at the CV Project (news releases of June 26, 2017 and April 5, 2018) and is focused on the advancement of the CV Project.

On behalf of the Board of Directors,

“Mary L. Little”
Director,

Pure Energy Minerals Ltd.

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com; Telephone – 604 608 6611

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

DENVER, CO – (January 11, 2019) – Pure Energy Minerals Limited (TSX VENTURE:PE) (OTCQB:PEMIF) (the “Company” or “Pure Energy”) announces that subject to regulatory approval, it has entered into an agreement with a contractor to settle debt of $34,128.84 by the issuance of 262,530 common shares in the capital of the Company at a discounted market price of $0.13 per share.

The Company has also issued 2,500,000 shares to GeoXplor Corp. pursuant to the terms of an Option Agreement dated May 10, 1017, as amended.

About Pure Energy Minerals Limited

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry. The Company is developing the Clayton Valley Project (“CV Project”) in Clayton Valley, Nevada, where it has completed a Preliminary Economic Assessment (“PEA”) (news releases of June 26, 2017 and April 5, 2018).  The lithium-bearing brines identified at the CV Project contain very low levels of deleterious elements and have been shown by small scale pumping tests to be amenable to conventional extraction.  The Company is also exploring a lithium brine project in the Lithium Triangle of South America, the Terra Cotta Project (“TCP”). The TCP is located on Pocitos Salar in Salta, Argentina, where it enjoys some of the best infrastructure and access of any lithium brine exploration project in Argentina.

On behalf of the Board of Directors,

“Mary L. Little”
Director,

Pure Energy Minerals Ltd.

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone – 604 608 6611

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include plans for extracting brine at the CV Project, and producing economic benefit from the CV Project, as well as future exploration and development on the CV Project and the TCP. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES.

DENVER, CO – (January 2, 2019) – Pure Energy Minerals Limited (TSX VENTURE:PE) (OTCQB:PEMIF) (the “Company” or “Pure Energy”) is pleased to announce that it has received a water right from the Nevada Division of Water Resources (“NDWR” or “State Engineer”) to extract the lithium-bearing brine needed for operation of the planned pilot plant at its flagship Clayton Valley Project (“CV Project”).  The State Engineer granted Pure Energy’s application, through its wholly-owned subsidiary Esmeralda Minerals LLC, for a finite-term water right with the total withdrawal not to exceed 50 acre-feet over a five-year period.

The water right provides the permit necessary to pump brine from the Clayton Valley aquifer and deliver the brine to the planned pilot plant for pilot-scale production of lithium hydroxide monohydrate (LiOH•H2O or “lithium hydroxide”). Pure Energy plans to operate the pilot plant for a period of six to 12 months to further evaluate the innovative process technology proposed for extraction of lithium from brine and production of lithium hydroxide at the CV Project. Data from a successful pilot plant trial will be used in the design of a full-scale commercial plant to produce LiOH•H2O directly from Clayton Valley brine. The Company’s news release of May 31, 2018 provides more detail regarding the design and objectives of the pilot plant.

Walter Weinig, Pure Energy’s Vice President for Projects and Permitting, explained, “This water right is a key milestone in the development of the Clayton Valley Project. As the State Engineer pointed out in his ruling, obtaining water rights approval is often a first step in obtaining other government approvals for a project. While the 20,000 acre-feet per year of available water rights in Clayton Valley are fully appropriated, about 10,000 acre-feet go unused annually. Our finite-term water right of 50 acre feet in total, to be used within five years, is a tiny fraction of the unused appropriation. We are pleased to receive the right to put this small amount of brine to beneficial use in the next step toward developing a project that could provide significant economic benefits to Esmeralda County and the State of Nevada.”

Quality Assurance

Walter Weinig, Professional Geologist and Qualified Person as designated by the Mining and Metallurgical Society of America (MMSA registration #01529QP), is a qualified person as defined by NI 43-101 and supervised the preparation of the scientific and technical information that forms the basis for this news release. Mr. Weinig is not independent of the Company, as he is an officer.

Other Information

The Company also announces that Mr. Weinig will be assuming a new role as Technical Director for Pure Energy’s projects. Working under contract to the Company, he will continue to lead the technical work on Pure Energy’s projects including the CV Project. As part of this change, Mr. Weinig will resign from his position as Vice President for Projects and Permitting. These changes will take effect on January 7, 2019.

Pure Energy’s Board thanks Mr. Weinig for his many contributions during the last two years and looks forward to working with him as the Company moves the CV Project forward.

About Pure Energy Minerals Limited

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry. The Company is developing the CV Project in Clayton Valley, Nevada, where it has completed a Preliminary Economic Assessment (“PEA”) (news releases of June 26, 2017 and April 5, 2018).  The lithium-bearing brines identified at the CV Project contain very low levels of deleterious elements and have been shown by small scale pumping tests to be amenable to conventional extraction.  The Company is also exploring a lithium brine project in the Lithium Triangle of South America, the Terra Cotta Project (“TCP”). The TCP is located on Pocitos Salar in Salta, Argentina, where it enjoys some of the best infrastructure and access of any lithium brine exploration project in Argentina.

On behalf of the Board of Directors,

“Mary L. Little”
Director, Pure Energy Minerals Ltd.

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone – 604 608 6611

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include the Company’s intentions to build and operate a pilot plant on the CV Project, plans for extracting brine at the CV Project, and producing economic benefit from the CV Project, as well as future exploration and development on the CV Project and the Terra Cotta Project. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

The securities offered have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act“), or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, U.S. persons (as defined under the U.S. Securities Act) absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

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