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PE.V ·

Pure Energy Minerals Limited Enters into Non Binding Letter of Intent to Agree to Pursue Business Combination with Pathion, Inc.

Mergers & Acquisitions

Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.

June 12th, 2013 - Vancouver, British Columbia – Pure Energy Minerals Limited (TSXV: PE) (“PURE”) announces that it has signed a non-binding letter of intent (the “LOI”) with Pathion, Inc., a privately held corporation existing under the laws of the Delaware (“Pathion”) and headquartered in Los Gatos, California, which outlines the general terms and conditions pursuant to which PURE and Pathion would be willing to complete a transaction that will result in PURE and Pathion combining business operations (the “Transaction”). The LOI was negotiated at arm’s length and is effective as of May 31, 2013.

Subject to the completion of satisfactory due diligence by each of the parties on the other, the LOI is to be superseded by a definitive merger, amalgamation or share exchange agreement (the “Definitive Agreement”) to be signed on or before October 31, 2013 (or such other date as may be mutually agreed in writing by PURE and Pathion). Completion of the transaction is subject to a number of conditions, including, but not limited to, TSX Venture Exchange (the “Exchange”) acceptance and if applicable pursuant to Exchange requirements, shareholder approval. Where applicable, the Transaction cannot close until the required shareholder approval is obtained. The Transaction is also subject to standard closing conditions, including the approval of the directors of each of PURE and Pathion of the Definitive Agreement and completion of due diligence investigations to the satisfaction of each of PURE and Pathion. The legal structure for the Transaction will be determined after the parties have considered all applicable tax, securities law, and accounting efficiencies.

The purpose of the Transaction is to create a vertically integrated company focused on the lithium market allowing for the development of lithium products and specialized processing technologies for the advanced energy cell market.

Under the terms of the LOI, the parties have agreed to a period of exclusivity ending on December 31, 2013 during which time they will focus their efforts on completing a mutually satisfactory Transaction. In the event the Definitive Agreement is not entered into prior to October 31, 2013, then for the balance of the exclusivity period, the parties will use their reasonable commercial efforts to enter into a joint venture to mutually pursue their joint business initiatives.

PURE is incorporated under the provisions of the Business Corporations Act (British Columbia) with its registered and head office in Vancouver, British Columbia. PURE is a “reporting issuer” within the meaning of the Securities Act (British Columbia) and Securities Act (Alberta).

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.

There can be no assurance that the Transaction will be completed as proposed or at all.

The Exchange has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release.

About Pure

Pure Energy Minerals Limited (TSX-V.PE) is an innovative hybrid lithium exploration and technology management company based in Vancouver, British Columbia. PURE is fully engaged in the acquisition, exploration and development of innovative mineral processing technologies to test and develop in conjunction with prospective lithium mineral properties. Currently, PURE is focused on advancing their flagship lithium mining project, the Alkali Flats project (the “Project”) in the prolific mining district of Esmeralda County, Nevada. The Project represents an approximate 7000-acre claim block in proximity to the only U.S. based lithium brine production plant, the Silver Peak plant operated by Rockwood Lithium, Inc. which has been in production since 1967.

About Pathion

Pathion, Inc. is an energy solutions company, headquartered in Los Gatos, California, created to research, develop and commercialize products utilizing its proprietary Advanced Energy Cell technologies, advanced materials, and processes for improving the stability, conductivity, and energy density of materials used in energy devices. Pathion’s technology and processes are based upon certain advanced materials developed at, and obtained from, one of the leading national research institutions in the United States.

Further Information

All information contained in this news release with respect to PURE and Pathion was supplied by the parties respectively, for inclusion herein, and each party and its directors and officers have relied on the other party for any information concerning the other party.

For further information, please contact Robert Mintak, Chief Executive Officer at:

Suite 1780 - 355 Burrard Street Vancouver, BC V6C 2G8

Telephone: (604) 608-6611 Facsimile: (604) 608-6620

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.