Early Warning Report Issued Purs Uant to National Instrument 62-103 Acquisition of Units of Pure Energy Minerals Limited
PRESS RELEASE – FOR IMMEDIATE RELEASE
Paloduro Investments Inc.
1560-505 Burrard Street Vancouver, BC V7X 1M5
EARLY WARNING REPORT ISSUED PURSUANT TO NATIONAL INSTRUMENT 62-103 ACQUISITION OF UNITS OF PURE ENERGY MINERALS LIMITED
Date: July 21, 2014 - Vancouver B.C.: Paloduro Investments Inc. (“Paloduro”). This press release is being disseminated as required by National Instrument 62-103 The Early Warning System and Related Take Over Bids and Insider Reporting Issues in connection with the filing of an early warning report (the “Early Warning Report”) regarding the acquisition of securities of Pure Energy Minerals Limited (the “Company”) by Paloduro Investments Inc. 1560-505 Burrard Street, Vancouver, BC V7X 1M5.
As a result of a non-brokered private placement (the “Private Placement”), Paloduro acquired 1,500,000 units (the “Units”) of the Company at a price of $0.10 per Unit.
Accordingly, Paloduro beneficially owns 1,500,000 common shares and 1,500,000 share purchase warrants (the “Warrants”) of the Company, representing approximately 6.38% of the issued and outstanding voting securities of the Company on a non-diluted basis and 11.99% of the issued and outstanding securities of the Company, assuming exercise of the Warrants held by Paloduro.
The Units were acquired for investment purposes and the Company may increase or decrease its beneficial ownership or control depending on market or other conditions.
A copy of the Early Warning Report may be found on www.SEDAR.com
For further information please contact:
Paloduro Investments Inc.
604-778-3732
Cautionary Note
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Not for distribution to U.S. Newswire Services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.
AC/2934382.1