Mr. Robert Mintak reports
PURE ENERGY CLOSES WARRANT EXERCISE INCENTIVE PROGRAM
Further to Pure Energy Minerals Ltd.'s news release of June 12, 2015,
announcing its warrant exercise incentive offer, the company
has issued a total of 3,128,233 warrants under the incentive
program, following the exercise of 6,256,466 previously outstanding warrants for total net
proceeds of $938,469.90. Each whole incentive warrant is exercisable on or before Dec.
31, 2016, at a price per incentive warrant of 24 cents.
"Pure Energy's team would like to thank its investment community for their ongoing support of
Pure Energy's Nevada lithium brine project," commented Robert Mintak, Pure Energy's chief
executive officer. "This capital infusion will advance our goal to build investor value by
advancing our development program in Clayton Valley."
The company intends to use the net proceeds of the incentive program for continued exploration
and processing development of its Clayton Valley lithium brine project, and for general
corporate and working capital purposes. The incentive warrants and the common shares issuable
on exercise thereof are subject to a standard four-month hold period from the date of issue of the
We seek Safe Harbor.
© 2022 Canjex Publishing Ltd. All rights reserved.