Business
Pure Energy Minerals Enters into Strategic Advisory Engagement with Haywood Securities
VANCOUVER, BC / ACCESSWIRE / August 5, 2015 / Pure Energy Minerals Limited (TSXV: PE) (FSE: ...
About this update from Pure Energy Minerals Ltd.
[{"type":"text","content":"Pure Energy Minerals Enters into Strategic Advisory Engagement with Haywood SecuritiesVANCOUVER, BC / ACCESSWIRE / August 5, 2015 / Pure Energy Minerals Limited (TSXV: PE) (FSE: AHG1.F) (OTCQB: HMGLF) (the \"Company\" or \"Pure\") announces that it has entered into a Strategic Advisory Agreement with Haywood Securities Inc. (\"Haywood\" or the \" Advisor\") whereby Haywood has agreed to provide strategic advisory services to the Company for a period of 18 months to unlock value from the Company's assets, including but not limited to, the evaluation of supply agreements and off-takes, business development and corporate opportunities, the introduction of the Company to potential parties to a transaction, to attend any or all meetings as requested by the Company and such other ancillary financial advisory and investment banking services as the Company and the Advisor agree appropriate in the circumstances.\nAs part of Haywood's fee, the Company has granted Haywood share purchase warrants exercisable into 800,000 common shares during the term of the Agreement at a price of $.35 per share.\nThe Strategic Advisory Agreement is subject to the acceptance of the TSX Venture Exchange.\nRobert Mintak, Pure Energy CEO, stated\" \"We are pleased about our engagement of Haywood Securities. Retaining an experienced team is a key step in the process to evaluate and develop a range of strategic opportunities to maximize shareholder value\" Mr. Mintak added, \" We look forward to working closely with Haywood's investment banking team to capitalize on the significance of our recently announced NI 43-101 Inferred Resource. Now that we have achieved the first significant milestone by publishing the first ever Inferred Resource on our Clayton Valley South Lithium Brine Project, we expect to be presented with several strategic alternatives as we move towards a pre-feasibility study, and will rely on Haywood's advice as we analyze strategic options and pursue transactions that will position the Company for growth to the next level\"\nAbout Haywood Securities:\nFounded in 1981, Haywood Securities is a private, 100-per-cent employee-owned investment dealer with more than 275 employees and Canadian offices in Vancouver, Calgary and Toronto. The firm is a member of the Toronto Stock Exchange, the TSX Venture Exchange, the Bourse de Montreal, Canadian Natio...