Mr. Robert Mintak reports
PURE ENERGY MINERALS FILES AMENDED AND RESTATED MD&A
FOR PERIOD ENDED MARCH 31, 2015
As a result of a
review by the British Columbia Securities Commission, Pure Energy Minerals Ltd. has filed its amended and restated
management's discussion and analysis (MD&A) for the period ended March 31, 2015, to
include additional disclosure required by applicable regulatory requirements, and is issuing this
press release to clarify the company's disclosure.
The amended and restated MD&A includes the following changes:
Overall performance
The company has added disclosure to the MD&A to: (i) clarify the company's anticipated cash
requirements and liquidity; (ii) identify anticipated expenditure levels for the coming year; and
(iii) clarify potential sources of available working capital. The company has added discussion
regarding events and uncertainties that may materially affect the business of the company.
Selected annual information/summary of quarterly results
The company has added disclosure to the MD&A regarding the factors that affect period-to-period variations in the company's financial performance and condition, as well as factors that
have caused variations over recent quarters necessary to understand general trends that have
developed.
Results from operations
The company has added disclosure to the MD&A regarding the company's expenses incurred in
advancing its Clayton Valley lithium brine project, as well as more detailed disclosure
regarding significant causes of variations in fee expenses.
Liquidity and related party transactions
The MD&A now provides a more comprehensive analysis of the company's liquidity, as well as
greater detail as to the particulars of the company's relevant related party transactions.
Readers are encouraged to review the amended and restated MD&A, available on the company's
profile on SEDAR.
We seek Safe Harbor.
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