Pure Energy Minerals Ltd. is pleased to report sample results received from a new, recently drilled well, CV-9, at its 100%-held Clayton Valley lithium brine project located in Esmeralda County, Nevada. Pure Energy's strategic partner, Schlumberger Technologies Inc. , is operator of the program and was responsible for all phases of the drilling, well construction, and sampling at CV-9 . Six samples of lithium-rich brine [...]
Pure Energy Minerals Ltd. is pleased to report the ongoing progress of well CV-09 at its 100%-held Clayton Valley lithium brine project located in Esmeralda County, Nevada. Drilling of well CV-09 has been completed to the planned depth of 1500 feet, the well has been constructed, and well development is complete. Next activities include collection of preliminary bulk lithium brine samples for chemical analysis and testing [...]
Pure Energy Minerals Ltd. announces, subject to regulatory approval, that pursuant to an annual performance and compensation review, it has granted a total of 4,800,000 stock options to directors, officers and consultants of the Company to purchase common shares of the Company in accordance with its stock option plan. All of the Options vest quarterly in four equal tranches, with the first such vesting occurring upon [...]
Pure Energy Minerals Ltd. is pleased to report that drilling of hole CV-09 has commenced at its 100%-held Clayton Valley lithium brine project located in Esmeralda County, Nevada. Schlumberger Technologies Corporation is Pure Energy's strategic partner at Clayton Valley and is operator of the program. Drill hole CV-09 is a new, previously permitted hole which will provide initial lithium brine samples for chemical testing [...]
Pure Energy Minerals Ltd. is pleased to announce the appointment of Ms. Ann Fehr as Interim Chief Financial Officer, effective February 1, 2020. Ms. Fehr is a Chartered Professional Accountant, CGA with more than 25 years' experience which includes experience in mergers, corporate finance, financial reporting, governance, compliance, and management. She has held part time officer positions for venture listed companies [...]
Pure Energy Minerals Ltd. is pleased to report on the resumption of activities at its 100%-held Clayton Valley lithium brine project located in Esmeralda County, Nevada. Pure Energy's strategic partner, Schlumberger Technology Corporation has begun the initial steps to advance its option to test, develop and acquire the CV Project. In May of 2019, Pure Energy and SLB signed an Earn-In agreement over the CV Project which [...]
Pure Energy Minerals Limited reports that it has received final TSX Venture Exchange approval to settle debts totalling $118,637.33 by the issuance of 912,595 common shares to two former officers, as previously announced. The shares are subject to a four month and one day hold period. The Company also announces that Patrick Highsmith has resigned as a director due to pursue other business commitments. The Board wishes to [...]
Pure Energy Minerals Ltd. is pleased to announce the appointment of Mr. He Yaping as a director of the Company. Mr. He has been appointed to the Company's board as an additional board member and as a representative of Lithium X Energy Corp. , affiliated with Tibet Summit Resources Co. Ltd. , one of China's largest natural resource corporations. Mr. He is the vice chairman of Tibet Summit and the founder and chairman of [...]
Schlumberger Canada Limited announced today that it has acquired common shares of Pure Energy Minerals Ltd. on a private placement basis at a price per common share of $0.0615 for total consideration of US$1,500,000 . As a result of the Placement, together with the conversion of a convertible note in a principal amount of US$400,000 previously issued by Pure Energy in favour of the Investor, the Investor owns 37,945,444 [...]
Pure Energy Minerals Ltd. is pleased to report that the previously announced Earn-In Agreement with Schlumberger Technology Corporation for the development of the Clayton Valley Project in Nevada has become effective. In connection with the Transaction, the Company received requisite approval from its shareholders. . Concurrent with the effectiveness of the Transaction, the Company has completed the previously announced [...]
Pure Energy Minerals Ltd. is pleased to announce results of the 2019 Annual and Special Shareholder Meeting held on May 28, 2019 in Vancouver, Canada. The shareholders of the Company represented at the Meeting elected Frank Wells, Michael Dake, Patrick Highsmith, Mary Little and Tyler Durham as directors of the Company for the ensuing year. Further, shareholders also approved: the reappointment of Wolridge Mahon LLP [...]
Pure Energy Minerals Ltd. announces that it has distributed to all shareholders, by mail or email, its Notice of Meeting, Information Circular and Proxy , for an annual general and special meeting to be held on May 28, 2019 at 9:30 a.m. Pacific time, at 1040 W. Georgia St., #1500, Vancouver, British Columbia, Canada. The Board has unanimously determined that the terms of the earn-in transaction to be voted upon by [...]