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Pure Energy Minerals Reports Results of Annual General Meeting
Vancouver, British Columbia--(Newsfile Corp. - March 10, 2022) -  Pure Energy Minerals L...
About this update from Pure Energy Minerals Ltd.
[{"type":"text","content":"Pure Energy Minerals Reports Results of Annual General MeetingVancouver, British Columbia--(Newsfile Corp. - March 10, 2022) -  Pure Energy Minerals Ltd. (TSXV: PE) (OTCQB: PEMIF) (\"Pure Energy\" or \"the Company\") is pleased to announce the results of its Annual General Meeting held virtually on March 9, 2022.A total of 12,031,392 common shares, representing 36.6% of the 32,872,233 outstanding shares of the Company, were voted by proxy at the meeting. All nominees for election as directors of the Company referred to in the Company's Notice of Meeting and Information Circular dated February 10, 2022 were re-elected being Tyler Durham, Frank Wells, Mary Little, Michael Dake, Hua Huang and Joe Mullin. Shareholders also voted in favour of the re-appointment of Baker Tilly WM LLP as auditors of the Company for the ensuing year and the Company's stock option plan. Following the meeting, the Board appointed committee members to the Audit, Compensation and Nominating and Governance committees. About Pure EnergyPure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry. Pure Energy 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 mineral land holdings in the valley. Pure Energy's Clayton Valley Project adjoins and surrounds on three sides the Silver Peak lithium brine mine operated by Albemarle Corporation.Pure Energy's strategic partner, Schlumberger Technologies Corporation (\"SLB\"), is the 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 at 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 products at a specified rate. SLB plans to utilize both in-house and commercially available technology in the design of the CV pilot plant. SLB's costs, technical parameters and ultimate technology are anticipated to differ from the published PEA. For further de...