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File: News Release re closing of 1st Tranche - June 2, 2014.DOCX

PURE ENERGY MINERALS LIMITED
#1780- 355 Burrard Street
Vancouver, BC
V6C 2G8
Tel: 604 608-6611
Fax: 604 608-6620

PURE ENERGY MINERALS LIMITED CLOSES FIRST TRANCHE OF  NON-BROKERED PRIVATE PLACEMENT

June 3, 2014, Vancouver, BC - Pure Energy Minerals Limited (the "Company") (TSX-V: PE) is pleased to announce that it 
--->has closed the first tranche (the "First Tranche") of a non-brokered private placement announced March 21, 2014 and am
--->ended May 21, 2014, for up to 15,000,000 units (each a "Unit") of the Company  at a price of $0.10 per Unit for gross 
--->proceeds of up to $1,500,000. Each Unit consists of one common share of the Company and one transferable share purchas
--->e warrant (a "Warrant"). Each Warrant is exercisable to acquire one additional common share of the Company for a perio
--->d of three years at a price of $0.15 per common share. The Warrants will have an acceleration provision pursuant to wh
--->ich the term of the Warrants shall automatically be reduced to 30 business days in the event the closing weighted aver
--->age price of the Company's common shares is $0.35 or more for 21 consecutive trading days.
The First Tranche consisted of 3,160,000 Units purchased at $0.10 per common share for gross proceeds of $316,000. In 
--->connection with closing the First Tranche, the Company paid a cash finder's fee of $18,200 to Canaccord Genuity Corp. 
--->and $1,750 to Jordan Capital Markets Inc. The securities issued under the First Tranche are also subject to a four-mon
--->th and a day hold period expiring October 1, 2014.
The proceeds of the First Tranche will be used to the Company's prospective lithium brine properties located in Esmera
--->lda County, Nevada, USA and for general working capital.
 ON BEHALF OF THE BOARD
PURE ENERGY MINERALS LIMITED
 "Robert Mintak"					
Chief Executive Officer
For further information contact:
Robert Mintak
www.pureenergyminerals.com
(604) 608-6611
 We Seek Safe Harbour.  Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in 
--->the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.