Pure Energy Minerals Issues Shares for Services
PURE ENERGY MINERALS LIMITED
#1780 - 355 Burrard Street Vancouver, BC V6C 2G8 Tel: 604 608-6611 Fax: 604 608-6620
PURE ENERGY MINERALS ISSUES SHARES FOR SERVICES
| November 6, 2015, Pure Energy Minerals Limited (TSX VENTURE: PE) (FRANKFURT: | |
| A111EG) (OTC: HMGLF) | (the “Company” or “Pure Energy”) announces that, further to a |
consulting agreement between the Company, Green Core Consulting Ltd. and Dr. Andy Robinson dated November 1, 2014 and a consulting agreement between the Company, 1018491 BC Ltd. and Alexi Zawadzki dated November 1, 2014, the Company has issued the following securities in consideration of services provided to the Company:
| Service Provider | Number of Common Shares | ||
|---|---|---|---|
| Green Core Consulting Ltd. | 127,625 | ||
| 1018491 BC Ltd. | 23,882 |
All of the common shares are subject to a four-month hold period from the date of issuance.
About Pure Energy:
Pure Energy is a lithium-brine resource developer that is driven to become the lowest cost lithium supplier for the burgeoning North American lithium battery industry. Pure Energy is currently focused on the development of our prospective Clayton Valley South Lithium Brine Project, which has the following key attributes:
- A large land position with excellent infrastructure in a first-class mining jurisdiction: Approximately 9,324 acres in three main claim groups in the southern half of Clayton Valley, Esmerelda County, Nevada
- Adjacent to the only producing lithium operation in the United States (Albermarle’s Silver Peak lithium brine mine)
- An inferred mineral resource of 816,000 metric tonnes of Lithium Carbonate Equivalent (LCE), reported in accordance with NI 43-101
- Preliminary economic studies underway to better understand the feasibility of modern environmentally responsible processing techniques to convert the Clayton Valley South brines into high purity lithium products for new energy storage uses
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On behalf of the Board of Directors
“Robert Mintak”
Chief Executive Officer
CONTACT:
Pure Energy Minerals Limited www.pureenergyminerals.com [email protected] Phone – 604 608 6611 ext 5
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.