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 [...]
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 [...]
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 [...]
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 [...]
Pure Energy Minerals Ltd. is pleased to announce that it has reached agreement with subsidiaries of Schlumberger Ltd. on the terms of an earn-in agreement providing for the development of the Company's Clayton Valley lithium project in Nevada . Under the Earn-In Agreement, the Company has granted an option in favour of the Investor to acquire all [...]
Pure Energy Minerals Ltd. announces that subject to regulatory approval, it will be issuing 1,086,441 shares at a deemed value of $0.13 per share to settle payments owing for former management services and out of pocket expenses. Pure Energy's board of directors is focused on the successful advancement and development of the Clayton Valley Project [...]
Pure Energy Minerals Ltd. announces that subject to regulatory approval, it will be issuing 204,615 shares at a deemed value of $0.13 per share as compensation for advisory services, pursuant to and as defined by a consulting advisory agreement dated May 28, 2018. Pure Energy's board of directors is focused on the successful advancement and [...]
Pure Energy Minerals Ltd. is pleased to provide a corporate update to shareholders. The Company announces that it has made a US$300,000 option payment to GeoXplor Corp. , as required by an option agreement signed on May 10, 2017 with subsequent amendments, between Pure Energy, GeoXplor and Clayton Valley Lithium Inc. In addition, shares were issued [...]
Pure Energy Minerals Limited announces that it will undertake a private placement offering of a US$400,000 Senior Convertible Promissory Note with a placee unrelated to the Company . The outstanding principal of the Note shall be paid to the Holder on or prior to the maturity date of February 19, 2020, unless previously prepaid by the Company or [...]
Pure Energy Minerals Ltd. announces that, further to its news release of January 11, 2019, it has received regulatory approval to an agreement to settle debt of $34,128.84. The Company issued 262,530 common shares in the capital of the Company at a discounted market price of $0.13 per share. In addition, subject to regulatory approval, the Company [...]
Pure Energy Minerals Ltd. announces that subject to regulatory approval, it has entered into an agreement with a contractor to settle debt of $34,128.84 by the issuance of 262,530 common shares in the capital of the Company at a discounted market price of $0.13 per share. The Company has also issued 2,500,000 shares to GeoXplor Corp. pursuant to [...]
Pure Energy Minerals Ltd. is pleased to announce that it has received a water right from the Nevada Division of Water Resources to extract the lithium-bearing brine needed for operation of the planned pilot plant at its flagship Clayton Valley Project . The State Engineer granted Pure Energy’s application, through its wholly-owned subsidiary [...]