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Pure Energy Minerals Grants Stock Options

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Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) has granted 800,000 stock options to directors, officers, and consultants. The options have an exercise price of C$0.30 per share, vest over one year, and expire in five years. This grant is subject to TSX Exchange approval.

Additionally, the company has appointed Ms. Ann Fehr as Corporate Secretary, replacing Ms. Yulia McCutcheon. Pure Energy expressed gratitude for Ms. McCutcheon's contributions during her tenure as Corporate Secretary over the past year.

Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) ha concesso 800.000 opzioni su azioni a direttori, funzionari e consulenti. Le opzioni hanno un prezzo di esercizio di C$0,30 per azione, diventano esercitabili in un anno e scadono in cinque anni. Questa concessione è soggetta all'approvazione della Borsa TSX.

Inoltre, l'azienda ha nominato Ms. Ann Fehr come Segretario Aziendale, sostituendo Ms. Yulia McCutcheon. Pure Energy ha espresso gratitudine per i contributi della signora McCutcheon durante il suo mandato come Segretario Aziendale nell'ultimo anno.

Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) ha otorgado 800,000 opciones sobre acciones a directores, funcionarios y consultores. Las opciones tienen un precio de ejercicio de C$0.30 por acción, se consolidan en un año y expiran en cinco años. Esta concesión está sujeta a la aprobación de la Bolsa TSX.

Adicionalmente, la empresa ha nombrado a la Sra. Ann Fehr como Secretaria Corporativa, reemplazando a la Sra. Yulia McCutcheon. Pure Energy expresó su agradecimiento por las contribuciones de la Sra. McCutcheon durante su mandato como Secretaria Corporativa durante el último año.

푸르 에너지 미네랄즈 (TSXV: PE) (OTCQB: PEMIF)는 이사, 임원 및 컨설턴트에게 800,000주식 옵션을 부여했습니다. 이 옵션은 주당 C$0.30의 행사가격을 가지며, 1년에 걸쳐 발생하고 5년 후에 만료됩니다. 이 부여는 TSX 거래소의 승인을 필요로 합니다.

추가로, 회사는 앤 피어를 기업 비서로 임명하였으며, 이는 율리아 맥커천을 대체하는 것입니다. 푸르 에너지는 지난 1년 동안 기업 비서로 재직한 맥커천의 기여에 감사의 뜻을 표시했습니다.

Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) a accordé 800.000 options d'actions à des directeurs, des cadres et des consultants. Les options ont un prix d'exercice de 0,30 C$ par action, deviennent exerçables sur un an et expirent dans cinq ans. Cette attribution est soumise à l'approbation de la Bourse TSX.

De plus, la société a nommé Madame Ann Fehr comme Secrétaire Corporatif, en remplacement de Madame Yulia McCutcheon. Pure Energy a exprimé sa gratitude pour les contributions de Madame McCutcheon durant son mandat en tant que Secrétaire Corporatif au cours de l'année écoulée.

Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) hat 800.000 Aktienoptionen an Direktoren, Führungskräfte und Berater vergeben. Die Optionen haben einen Ausübungspreis von C$0,30 pro Aktie, werden über ein Jahr fällig und laufen nach fünf Jahren ab. Diese Vergabe muss von der TSX Börse genehmigt werden.

Darüber hinaus hat das Unternehmen Frau Ann Fehr zur Unternehmenssekretärin ernannt, die Frau Yulia McCutcheon ersetzt. Pure Energy drückte seine Dankbarkeit für die Beiträge von Frau McCutcheon während ihrer Amtszeit als Unternehmenssekretärin im vergangenen Jahr aus.

Positive
  • Granted 800,000 stock options to directors, officers, and consultants, potentially aligning their interests with shareholders
  • Appointed new Corporate Secretary, potentially bringing fresh perspective to the role
Negative
  • Potential dilution of existing shareholders' equity due to the issuance of 800,000 stock options

Vancouver, British Columbia--(Newsfile Corp. - August 22, 2024) - Pure Energy Minerals Ltd. (TSXV: PE) (OTCQB: PEMIF) ("Pure Energy" or "the Company") announces that it has granted a total of 800,000 stock options (the "Options") to directors, officers and consultants of the Company to purchase common shares of the Company in accordance with its approved Stock Option Plan. The Options vest over one year and are issued at an exercise price of C$0.30 per share with expiry of five years from the date of issuance. The Option grant is subject to TSX Exchange approval.

The Company is also pleased to announce the appointment of Ms. Ann Fehr as Corporate Secretary and extends its appreciation to Ms. Yulia McCutcheon for her dedication and contributions to Pure Energy as Corporate Secretary during the past year, and wishes her well in future endeavours.

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.com.

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

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone - +1 604 608 6611

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/220890

FAQ

How many stock options did Pure Energy Minerals (PEMIF) grant on August 22, 2024?

Pure Energy Minerals granted a total of 800,000 stock options to directors, officers, and consultants on August 22, 2024.

What is the exercise price and expiry of the stock options granted by Pure Energy Minerals (PEMIF)?

The stock options were granted at an exercise price of C$0.30 per share and have an expiry of five years from the date of issuance.

Who was appointed as the new Corporate Secretary of Pure Energy Minerals (PEMIF)?

Ms. Ann Fehr was appointed as the new Corporate Secretary of Pure Energy Minerals.

What is the vesting period for the stock options granted by Pure Energy Minerals (PEMIF)?

The stock options granted by Pure Energy Minerals vest over a period of one year.

PURE ENERGY MINERALS LTD

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