August 22, 2024 – Pure Energy Minerals Ltd. announced today that it has granted a total of 800,000 stock options (the “Options”) to directors, officers, and consultants of the Company as part of its approved Stock Option Plan. These Options will vest over one year and can be exercised at a price of C$0.30 per share, with an expiry of five years from the date of issuance, pending approval from the TSX Exchange.
In addition, the Company is pleased to announce the appointment of Ms. Ann Fehr as Corporate Secretary, expressing gratitude towards Ms. Yulia McCutcheon for her contributions in the past year.
Pure Energy Minerals is a lithium resource company with a significant land position at its Clayton Valley Project in central Nevada. The project spans 23,360 acres and is the largest land holding in the valley. The Company’s strategic partner, SLB, operates the Clayton Valley Project and has signed an Earn-In agreement, requiring substantial investment to design and construct a pilot plant capable of processing lithium-bearing brines for high-quality lithium products.
Joseph Mullin, CEO of Pure Energy Minerals Ltd., cautioned that the information in the news release contains forward-looking statements that are subject to various risks and uncertainties. While the Company believes the expectations reflected in these statements are reasonable, actual results may vary due to factors such as changes in market conditions and regulations affecting the mining industry.
Pure Energy Minerals Ltd. does not commit to updating any forward-looking information unless required by applicable laws. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the accuracy of this release.
To access the original press release, please visit the source version here: https://www.newsfilecorp.com/release/220890
SOURCE: Pure Energy Minerals Ltd.
