Mr. Robert Mintak reports
PURE ENERGY MINERALS ISSUES SHARES FOR SERVICES
Further to two
advisory agreements between Pure Energy Minerals Ltd. and Luscar International Ltd. dated Nov. 1,
2014, and April 1, 2015, and an advisory agreement between the company and Haywood
Securities Inc. dated Aug. 10, 2015, Pure Energy Minerals has issued securities in
consideration of services provided or to be provided to the company.
SECURITIES FOR SERVICES
Service provider Number of common shares Number of units (1)
Luscar International Ltd. 110,547
Haywood Securities Inc. (2) 800,000
(1) Each unit is composed of one common share and one common share purchase warrant.
Each warrant is exercisable to acquire one common share of the company on or before
Feb. 19, 2017, at an exercise price of 35 cents.
(2) Of these units, 300,000 have been delivered to Haywood Securities as of the date
hereof, 250,000 will be held in escrow until Feb. 18, 2016, and 250,000 will be held
in escrow until Aug. 18, 2016, subject to certain conditions.
All of the aforementioned securities are subject to a four-month hold period from the date of
issuance.
We seek Safe Harbor.
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