Mr. Joseph Mullin reports
PURE ENERGY MINERALS ANNOUNCES DIRECTOR CHANGE
Yuwei Hong has been appointed to the board of directors of Pure Energy Minerals Ltd. Mr. Hong represents Lithium X Corp., which holds an 11.6-per-cent equity position in Pure Energy.
Mr. Hong is an experienced professional with over 15 years of expertise in management, investment and consulting. He currently serves as the vice-president of Xizang Zhufeng Resources Co. Ltd. (previously known as the Tibet Summit). Before joining Xizang Zhufeng in 2022, he worked as an investment director at the NextView Capital. Mr. Hong holds a master's degree from the University of Illinois Urbana-Champaign and is a chartered financial analyst (CFA) charter holder.
As well, the company sincerely thanks Yuankai Mao for his contributions as a prior board member and wishes his well in his future endeavours.
"Pure Energy is very pleased to welcome Mr. Hong as a board member and we look forward to working with him in the future," stated Joseph Mullin, chief executive officer and director of Pure Energy.
About Pure Energy Minerals Ltd.
Pure Energy is a lithium resource company that 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 land holdings in the valley.
Pure Energy's strategic partner, SLB, is the operator of the Clayton Valley project. In May of 2019, Pure Energy and SLB signed an earn-in agreement over the Clayton Valley project, which requires significant investment by SLB in 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+.
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