Business
Pure Energy Issues Shares
Denver, Colorado--(Newsfile Corp. - March 11, 2019) - Pure Energy Minerals Limited (TSXV: PE) ...
About this update from Pure Energy Minerals Ltd.
[{"type":"text","content":"Pure Energy Issues SharesDenver, Colorado--(Newsfile Corp. - March 11, 2019) - Pure Energy Minerals Limited (TSXV: PE) (OTCQB: PEMIF) (the \"Company\" or \"Pure Energy\") announces that subject to regulatory approval, it will be issuing 204,615 shares at a deemed value of $0.13 per share as compensation for advisory services, pursuant to and as defined by a consulting advisory agreement dated May 28, 2018. Pure Energy's board of directors is focused on the successful advancement and development of the CV Project and is engaged in discussions with interested potential strategic partners and funding parties. The Company appreciates the continued support of its shareholders, and the companies and individuals who are working closely with Pure Energy towards achieving this goal.About Pure Energy Minerals LimitedPure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry. The Company is developing the CV Project in Clayton Valley, Nevada, where it has completed a Preliminary Economic Assessment (\"PEA\") (news releases of June 26, 2017 and April 5, 2018). The lithium-bearing brines identified at the CV Project are of high quality with very low impurity levels, and have been shown by small scale pumping tests to be amenable to conventional extraction. On behalf of the Board of Directors,\"Mary L. Little\"Director, Pure Energy Minerals Ltd.CONTACT:Pure Energy Minerals Limited (www.pureenergyminerals.com)Email: [email protected] - 604 608 6611 Cautionary Statements and Forward-Looking InformationThe information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include future exploration and development on the CV Project. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guaran...