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Pure Energy Minerals Ltd V.PE

Alternate Symbol(s):  PEMIF

Pure Energy Minerals Limited is a Canada-based lithium resource developer. The Company is engaged in the exploration and development of mineral properties. Its Clayton Valley lithium brine project (CV Project) is located in Esmeralda County, Nevada. The Clayton Valley Project contains an inferred mineral resource of approximately 218,000 tons of lithium carbonate equivalent (LCE). The Clayton Valley Project is located in central Esmeralda County, Nevada, approximately halfway between Las Vegas and Reno, Nevada, United States. Its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprises 950 claims over 23,360 acres (9,450 hectares). In addition, the Company is focused on new processing technologies for lithium through its collaboration with global multinational technology partners such as Tenova Advanced Technologies, at the process testing, engineering, and design stage on the Clayton Valley Project.


TSXV:PE - Post by User

Post by cowboybootson Jan 18, 2023 9:25pm
410 Views
Post# 35232147

News release says nothing about operations

News release says nothing about operationsPure Energy Minerals Appoints Corporate Secretary January 17, 2023 — Pure Energy Minerals Ltd. (TSX Venture:PE; OTCQB:PEMIF) (“Pure Energy” or “the Company”) is pleased to announce the appointment of Ms. Yulia McCutcheon as Corporate Secretary. Ms. McCutcheon brings to the position over seven years of corporate secretarial and administrative experience working with multiple clients in the junior mining sector.  Ms. McCutcheon holds an accounting degree from Ball State University (Muncie, IN) and a masters degree in International Affairs from The New School University (New York, NY). In connection with the appointment, Ms. McCutcheon has been granted 25,000 incentive stock options of the Company. The options were granted under the Company's Stock Option Plan and each stock option entitles the holder to acquire one common share at an exercise price of $0.53 until January 16, 2028. The Company extends its appreciation to Ms. Dianne Szigety for her dedication and contributions to Pure Energy as Corporate Secretary during the past five years, and wishes her well in retirement and future endeavours. About Pure Energy 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 950 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. Pure Energy’s strategic partner, Schlumberger Technologies Corporation (“SLB”), is the operator of the Clayton Valley Project. In May of 2019, Pure Energy and SLB signed an Earn-In agreement over the CV Project which requires significant investment by SLB at the Project, to include the design and construction of a pilot plant capable of processing lithium-bearing brines for high-quality lithium hydroxide monohydrate (“lithium hydroxide” or “LiOHH2O”) and/or lithium carbonate products at a specified rate. SLB plans to utilize both in-house and commercially available technology in the design of the CV pilot plant. SLB’s costs, technical parameters and ultimate technology are anticipated to differ from the published PEA. For further details regarding SLB’s participation, please refer to Pure Energy’s Annual General and Special Meeting Management Information Circular dated April 4, 2019, available on SEDAR.com. 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
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