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Enter Symbol
or Name
USA
CA



Pure Energy Minerals Ltd (2)
Symbol PE
Shares Issued 66,226,056
Close 2016-12-02 C$ 0.71
Market Cap C$ 47,020,500
Recent Sedar+ Documents

ORIGINAL: Pure Energy grants option to buy 200,000 shares

2016-12-02 16:05 ET - News Release

Received by email:

File: 21498408_1_Pure Energy - News Release announcing options RPHEdits.docx



PURE ENERGY GRANTS OPTIONS

VANCOUVER, BC-(December 2, 2016) - Pure Energy Minerals Limited (TSX VENTURE: PE) (FRANKFURT: A111EG) (OTCQB: HMGLF) (
--->the "Company" or "Pure Energy") announces the grant of 200,000 incentive stock options (the "Options"), with an exerci
--->se price of $0.66 per Option, to an officer under its existing stock option plan. The Options are exercisable for a pe
--->riod of three years. The Options will vest over a period of one year, with 25% of the Options vesting every 4 months f
--->ollowing their issuance, with the first tranche vesting immediately.
About Pure Energy Minerals Limited
Pure Energy is a lithium resource developer that is driven to become a low-cost supplier for the burgeoning lithium ba
--->ttery industry.  While the Company is currently focused on the development of the CVS Lithium Brine Project and the ad
--->joining Glory Lithium Clay Project in Clayton Valley, Nevada, it is actively evaluating new lithium targets in North a
--->nd South America. 
Pure Energy has developed core strengths in innovative development and processing technologies for lithium brines and 
--->lithium mineral deposits.  The Company's key attributes and activities include: 
Generating positive results on a large land position with excellent infrastructure in a first-class mining jurisdictio
--->n: approx. 11,000 acres in four main claim groups in Clayton Valley, Esmeralda County, Nevada;
The only lithium brine resource in North America except for its neighbor, which is the only producing lithium operatio
--->n in the United States (Albemarle's Silver Peak lithium brine mine);
An inferred mineral resource containing approximately 816,000 metric tonnes of Lithium Carbonate Equivalent (LCE), rep
--->orted in accordance with NI 43-101;
An advanced program of testing the efficacy and economics of modern environmentally-responsible processing technologie
--->s to convert the CVS brines into high purity lithium products for new energy storage uses; and,
An active business development program, applying its expertise to the evaluation of new lithium targets around the wor
--->ld. 

On behalf of the Board of Directors, "Patrick Highsmith" Chief Executive Officer 
CONTACT:
Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone - 604 608 6611, ext 5

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Vent
--->ure Exchange) accepts responsibility for the adequacy or accuracy of this release



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