December 3, 2024
Energy

Pure Energy Minerals Announces Board Change






Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) announced the resignation of Mary Little from its board of directors, effective October 21, 2024. Little, who served on the board for nine years, will continue as an advisor to the company. CEO Joseph Mullin acknowledged her leadership and contributions to advancing the CV lithium brine project in Clayton Valley, Nevada.

Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) ha annunciato le dimissioni di Mary Little dal suo consiglio di amministrazione, con effetto dal 21 ottobre 2024. Little, che ha servito nel consiglio per nove anni, continuerà a lavorare come consulente per l’azienda. Il CEO Joseph Mullin ha riconosciuto la sua leadership e i suoi contributi nel promuovere il progetto di salamoia di litio CV a Clayton Valley, Nevada.

Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) anunció la renuncia de Mary Little de su junta directiva, con efecto a partir del 21 de octubre de 2024. Little, quien formó parte de la junta durante nueve años, continuará como asesora de la empresa. El CEO Joseph Mullin reconoció su liderazgo y sus contribuciones para avanzar en el proyecto de salmuera de litio CV en Clayton Valley, Nevada.

Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF)는 2024년 10월 21일자로 이사회의 Mary Little의 사임을 발표했습니다. Little은 9년 동안 이사회에서 활동하였으며, 회사의 고문으로 계속 일할 예정입니다. CEO Joseph Mullin은 그녀의 리더십과 네바다주 클레이튼 밸리의 CV 리튬 브라인 프로젝트 발전에 기여한 점을 인정하였습니다.

Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) a annoncé la démission de Mary Little de son conseil d’administration, à compter du 21 octobre 2024. Little, qui a été membre du conseil pendant neuf ans, continuera en tant que conseillère de l’entreprise. Le PDG Joseph Mullin a reconnu son leadership et ses contributions à l’avancement du projet de saumure de lithium CV dans la vallée de Clayton, au Nevada.

Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) gab die Rücktritt von Mary Little aus ihrem Vorstand bekannt, gültig ab dem 21. Oktober 2024. Little, die neun Jahre Mitglied des Vorstands war, wird weiterhin als Beraterin für das Unternehmen tätig sein. CEO Joseph Mullin würdigte ihre Führung und ihren Beitrag zur Förderung des CV-Lithium-Brine-Projekts im Clayton Valley, Nevada.

Positive


  • Former director will continue as advisor, maintaining expertise connection

Negative


  • Loss of experienced board member with 9-year tenure











Vancouver, British Columbia–(Newsfile Corp. – October 22, 2024) – Pure Energy Minerals Ltd. (TSXV: PE) (OTCQB: PEMIF) (“Pure Energy” or “the Company”) announces that Mary Little has resigned as a director of the Company, effective October 21, 2024. The Company extends its appreciation to Mary for her contributions during her tenure and wishes her well in her future endeavors.

Joseph Mullin, CEO & Director, noted that “Mary Little has been instrumental to the Company in the nine years since she joined our board. She provided essential leadership during an important time. She has been integral in guiding the Company’s advancement of the CV lithium brine project in Clayton Valley, Nevada. We are pleased that Mary has agreed to continue as an advisor to the Company.

On behalf of the board, I extend my thanks for Mary’s commitment to the shareholders and many contributions to the Company.”

About Pure Energy

Pure Energy Minerals 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 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 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 (“lithium hydroxide” or “LiOH∙H2O”) and/or lithium carbonate (“Li2CO3”) 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 SEDARplus.ca.

On behalf of the Board of Directors,
“Joseph Mullin”
CEO, Pure Energy Minerals Ltd.

Cautionary Statements and Forward-Looking Information

The information in this news release contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include future exploration and development on the Clayton Valley Project. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.

The Company does not undertake to update any forward-looking information, except as required by applicable laws.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/227500








FAQ



Why did Mary Little resign from Pure Energy Minerals (PEMIF) board?


The press release does not specify the reason for Mary Little’s resignation from Pure Energy Minerals’ board of directors, effective October 21, 2024.


What role will Mary Little have with Pure Energy Minerals (PEMIF) after her resignation?


After her resignation from the board, Mary Little will continue as an advisor to Pure Energy Minerals.


How long did Mary Little serve on Pure Energy Minerals (PEMIF) board?


Mary Little served on Pure Energy Minerals’ board for nine years before her resignation on October 21, 2024.







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