Pure Energy Minerals Ltd V.PE

Alternate Symbol(s): PEMIF

Metals & Mining Industrial Metals & Minerals

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.

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Pure Energy Minerals Ltd > SLB announces it's DLE process produces lithium 500x faster!

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Comment by jicoopon Sep 11, 2024 11:21am

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Post# 36218580

RE:RE:SLB announces it's DLE process produces lithium 500x faster!

The answer to your question is below. Not sure what this means ultimately in $$$ but low float of shares I/O right now, so could be worth something down the road. Matket seems to think so this morning, up 14% at time of writing this.

Upon completion of all earn-in terms, SLB may take ownership of the CV Project claims and Pure Energy will receive a 3% net smelter return ("NSR") royalty payable on all commodities extracted from the Project, net of advance royalty payments made to the Company.