Purebase Creates Streamlined “Mine to Market” Relationship with CoreTer LLC.

Rhea-AI Summary

Purebase (OTCPK:PUBC) announced a streamlined “mine to market” relationship with Nevada-based CoreTer LLC. According to Purebase, both firms will remain separate, independently marketed businesses.

CoreTer will focus on exploration, development and mining, while Purebase plans to take production output directly to market, aligning interests from “drill bit to buyer.”

AI-generated analysis. Not financial advice.

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Sutter Creek, CA, June 16, 2026 (GLOBE NEWSWIRE) -- Purebase Corporation (OTCPK: PUBC), (“Purebase” or the “Company”) a highly diversified mineral resource and marketing company announced a streamlined “mine to market” relationship with Coreter LLC, a Nevada based mining and exploration company.

The two companies will continue to operate as separate, independently marketed businesses. CoreTer will tackle exploration, development and mining operations and Purebase will take production output directly to market.

“Most resource companies stop at the mine gate and hand the product - and the margin, off to someone else, but we do not. We are not just finding deposits; we are bringing them out of the ground to process and sell. Purebase and CoreTer have now put that whole journey under one roof with perfectly aligned interests from drill bit to buyer.” said A. Scott Dockter, CEO of Purebase.

About Purebase Corporation

Purebase Corporation (OTCPK: PUBC) is a diversified resource company that acquires, develops and markets high-value minerals for use in domestic and global supply chains.

Contacts

Roger Edwards - Purebase Corporation - roger.edwards@purebase.com. Please visit our corporate website – www.purebase.com

Safe Harbor

This press release contains statements, which may constitute “forward-looking statements.” Those statements include statements regarding the intent, belief, or current expectations of Purebase Corporation and members of its management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that may cause actual results to differ from those anticipated are discussed throughout the Company’s reports filed with Securities and Exchange Commission which are available at www.sec.gov as well as the Company’s web site at www.purebase.com. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

FAQ

What is Purebase (OTCPK:PUBC) announcing about its relationship with CoreTer LLC on June 16, 2026?

Purebase announced a streamlined “mine to market” relationship with CoreTer LLC on June 16, 2026. According to Purebase, CoreTer will manage exploration, development and mining, while Purebase will handle processing and direct marketing of production output.

How does the Purebase (PUBC) and CoreTer LLC “mine to market” model work?

The model splits responsibilities between the two companies across the value chain. According to Purebase, CoreTer focuses on exploration, development and mining, while Purebase takes the mined material for processing and direct sale, aiming to keep more margin within the combined structure.

Will Purebase (PUBC) and CoreTer LLC continue to operate independently after this announcement?

Yes, the companies will continue as separate, independently marketed businesses. According to Purebase, the new arrangement coordinates roles: CoreTer handles exploration and mining operations, while Purebase moves production output from the mine through processing and into end markets.

What does “mine to market” mean in Purebase’s June 2026 update with CoreTer LLC?

“Mine to market” refers to managing the full path from exploration to final sale. According to Purebase, most firms stop at the mine gate, but this relationship covers exploration, extraction, processing and marketing under aligned interests from drill bit to buyer.

How might the CoreTer LLC relationship affect Purebase’s (PUBC) approach to margins and sales?

Purebase suggests it aims to capture margin beyond the mine gate through this relationship. According to Purebase, instead of handing product and margin to others, the company plans to process and sell production output directly in coordination with CoreTer’s mining operations.