00:25:09 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
CA



Pure Energy Minerals Ltd (2)
Symbol PE
Shares Issued 17,249,126
Close 2014-07-14 C$ 0.13
Market Cap C$ 2,242,386
Recent Sedar Documents

ORIGINAL: Pure Energy closes $311,820 final tranche of financing

2014-07-15 17:35 ET - News Release

Received by email:

File: 15July2014.pdf

                            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 SECOND AND FINAL TRANCHE OF
               NON-BROKERED PRIVATE PLACEMENT

July 15, 2014, Vancouver, BC � Pure Energy Minerals Limited (the "Company") (TSX-V:
PE) is pleased to announce that it has closed the second tranche (the "Second Tranche") of its
non-brokered private placement of units (each a "Unit") of the Company at a price of $0.10 per
Unit, as previously announced in the Company's news release of March 21, 2014 and May 21,
2014. Each Unit consists of one common share of the Company and one transferable share
purchase warrant (a "Warrant"). Each Warrant is exercisable to acquire one additional common
share of the Company for a period of three years at a price of $0.15 per common share. The
Warrants will have an acceleration provision pursuant to which the term of the Warrants shall
automatically be reduced to 30 business days in the event the closing weighted average price of
the Company's common shares is $0.35 or more for 21 consecutive trading days.
The Second Tranche consisted of 3,118,200 Units purchased at $0.10 per common share for
gross proceeds of $311,820. In connection with closing the Second Tranche, the Company paid a
cash finder's fee of $2,233.70 and issued 22,337 warrants (the "Finder's Warrants") to
Canaccord Genuity Corp., a cash finder's fee of $4,620 to Jordan Capital Markets Inc. and a cash
finder's fee of $1,015 and issued 10,150 Finder's Warrants to Leede Financial Markets Inc. The
securities issued under the Second Tranche are also subject to a four-month and a day hold
period expiring November 15, 2014.

The proceeds of the Second Tranche will be used to the Company's prospective lithium brine
properties located in Esmeralda 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.
 


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