22:46:59 EDT Fri 26 Apr 2024
Enter Symbol
or Name
USA
CA



Pure Energy Minerals Ltd (2)
Symbol PE
Shares Issued 47,077,479
Close 2015-10-07 C$ 0.58
Market Cap C$ 27,304,938
Recent Sedar Documents

Pure Energy hires RB Milestone as corporate adviser

2015-10-08 09:07 ET - News Release

Mr. Robert Mintak reports

PURE ENERGY ANNOUNCES ENGAGEMENT OF RB MILESTONE GROUP, LLC

Pure Energy Minerals Ltd. has engaged RB Milestone Group LLC (RBMG) as corporate adviser pursuant to an agreement between the company and RBMG dated Sept. 30, 2015. The agreement is for an initial term of six months.

Pursuant to the terms of the agreement, RBMG will complete comprehensive research reports in respect of the company and the development of its business, provide corporate advisory services and devote full-time, continuing support in respect of further research during the term. In consideration of its services during the term, RBMG will be paid a retainer of $55,000 (U.S.).

In connection with the retainer, RBMG has completed a private placement of common shares with Pure Energy in the amount of the retainer. The private placement consists of a total of 142,839 common shares of Pure Energy at a price of 51 cents per common share, for gross proceeds of $72,847.89 ($55,000 (U.S.)).

All common shares issued under the private placement are subject to a four-month hold period from the date of issue, in addition to any resale restrictions imposed by applicable U.S. securities laws.

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