Business
Pure Energy Minerals Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - Pure Energy Minerals Ltd. (TSX...
About this update from Pure Energy Minerals Ltd.
[{"type":"text","content":"Pure Energy Minerals Grants Stock OptionsVancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - Pure Energy Minerals Ltd. (TSXV: PE) (OTCQB: PEMIF) (\"Pure Energy\" or \"the Company\") announces that it has granted a total of 800,000 stock options (the \"Options\") to directors, officers and consultants of the Company to purchase common shares of the Company in accordance with its approved Stock Option Plan. The Options vest over one year and are issued at an exercise price of C$0.30 per share with expiry of five years from the date of issuance. The Option grant is subject to TSX Exchange approval.The Company is also pleased to announce the appointment of Ms. Ann Fehr as Corporate Secretary and extends its appreciation to Ms. Yulia McCutcheon for her dedication and contributions to Pure Energy as Corporate Secretary during the past year, and wishes her well in future endeavours. About Pure EnergyPure Energy Minerals is a lithium resource company that has consolidated a pre-eminent land position at its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprising 950 claims over 23,360 acres (9,450 hectares), representing the largest land holdings in the valley. Pure Energy's strategic partner, SLB, is operator of the Clayton Valley Project. In May of 2019, Pure Energy and SLB signed an Earn-In agreement over the CV Project which requires significant investment by SLB in the Project, to include the design and construction of a pilot plant capable of processing lithium-bearing brines for high-quality lithium hydroxide monohydrate (\"lithium hydroxide\" or \"LiOH∙H2O\") and/or lithium carbonate (\"Li2CO3\") products at a specified rate. For further details regarding SLB's participation, please refer to Pure Energy's Annual General and Special Meeting Management Information Circular dated April 4, 2019, available on SEDARplus.com.On behalf of the Board of Directors,\"Joseph Mullin\"CEO, Pure Energy Minerals Ltd.CONTACT:Pure Energy Minerals Limited (www.pureenergyminerals.com)Email: [email protected] - +1 604 608 6611Cautionary 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 ...