Mr. Joseph Mullin reports

PURE ENERGY MINERALS APPOINTS PATRICK GALLETTI TO BOARD OF DIRECTORS

Patrick Galletti has been appointed to the board of directors of Pure Energy Minerals Ltd. Mr. Galletti represents Schlumberger New Energy (SLB), a 17.8-per-cent shareholder of the company.

Mr. Galletti is a distinguished professional with 25 years of expertise in the oil and gas industry and brings a wealth of experience from diverse international roles, including project management, commercial negotiations and business management, across O&G (oil and gas) and geothermal sectors. His background spans North America and South America, Asia, the Middle East, Europe, and Australasia, and includes positions such as managing director for Argentina, Bolivia and Chile, as well as strategy director for the Americas. He currently serves as SLB's new energy business development director. Mr. Galletti holds a degree in petroleum engineering from Texas A&M University.

Joe Mullin, Pure Energy's chief executive officer and director, commented: "Pure Energy is pleased to welcome Mr. Galletti as a director of the company. His wealth of experience in the Americas will be an asset to Pure Energy in its future endeavours and we look forward to his contributions to Pure Energy."

About Pure Energy Minerals Ltd.

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry. Pure Energy has consolidated a pre-eminent land position at its Clayton Valley project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprising 950 claims over 23,360 acres (9,450 hectares), representing the largest mineral landholdings in the valley.

Pure Energy's strategic partner, SLB, is operator of the Clayton Valley project. In May of 2019, Pure Energy and SLB signed an earn-in agreement over the CV project, which requires significant investment by SLB at the project, to include the design and construction of a pilot plant capable of processing lithium-bearing brines for high-quality lithium hydroxide monohydrate and/or lithium carbonate products at a specified rate. For further details regarding SLB's participation, please refer to Pure Energy's annual general and special meeting management information circular dated April 4, 2019, available on SEDAR+.

On Jan. 3, 2019, the Nevada Division of Water Resources (NDWR) approved and granted a finite term water right to Pure Energy, through its wholly owned subsidiary, Esmeralda Minerals LLC, for the extraction of up to 50 acre-feet of brine during a five-year period from the CV properties. This water right is deemed sufficient for brine testing requirements and SLB's future the pilot plant facility. In July of 2020, the CV-09 well was completed pursuant to the finite term water right and results of initial sampling were published by Pure Energy on Oct. 14, 2020. On March 28, 2023, Pure Energy announced that all permits were in place for the construction and operation of the DLE pilot plant and SLB confirmed that construction was under way.

We seek Safe Harbor.