Pure Energy Minerals Announces New Director and Equity Grant

About this update from Pure Energy Minerals Ltd.

Pure Energy Minerals Announces New Director and Equity GrantVancouver, British Columbia--(Newsfile Corp. - April 22, 2026) - Pure Energy Minerals Limited (TSXV: PE) (OTCQB: PEMIF) ("Pure Energy" or "the Company") is pleased to announce that Mr. Mark Holcombe has been appointed to the board of directors of Pure Energy Minerals. Mr. Holcombe is a senior finance professional with over 36 years of experience in corporate and investment banking, business development, and asset management. Most recently, he has focused on investments in the energy transition, natural resources, real assets, and industrials sectors, including roles as Managing Director at Antarctica Capital, and Senior Advisor at Nebari Holdings."We are pleased to welcome Holcombe to the Board of Directors of Pure Energy Minerals. We know the Company will benefit from his experience and leadership as we work to grow the Company," stated William Morton, CEO & Director of Pure Energy. In connection with the appointment, Mr. Holcombe has been granted 100,000 stock options of the Company. The options were granted under the Company's Long-Term Incentive Plan (the "Equity Plan"), and each stock option entitles the holder to acquire one common share at an exercise price of $0.36 until April 20, 2031.The Company also announces that pursuant to its Equity Plan, the Company has granted 1,564,228 Restricted Share Units (the "RSU") to an officer and directors of the Company which will be vested in one year from the date of grant. Each vested RSU entitles the holder to receive one common share of the Company. The equity grants are subject to TSX Venture Exchange approval.About Pure EnergyPure Energy is a TSX Venture Exchange listed mineral exploration company transitioning toward a new phase of corporate growth. Following the successful option-out of its Clayton Valley Project, the Company is currently focused on the evaluation of new strategic prospects. The Company is committed to a disciplined acquisition strategy aimed to create long-term shareholder value.On behalf of the Board of Directors,"William Morton"President and CEO, Pure Energy Minerals LimitedCONTACT:Pure Energy Minerals Limited (www.pureenergyminerals.com)Email: [email protected] - 604 608 6611Cautionary Statements and Forward-Looking InformationThis release includes certain statements and information that may constitut...

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