Pure Energy Minerals Ltd. Announces US Stock Ticker Change to PEMIF
VANCOUVER, BC–(August 16, 2016) – Pure Energy Minerals Limited (TSX VENTURE: PE) (FRANKFURT: A111EG) (OTCQB: PEMIF) (the “Company” or “Pure Energy”) today announced that the Financial Industry Regulatory Authority (FINRA) has approved a change of the trading symbol of the Company’s common stock in the United States. Effective today, the new OTC symbol for Pure Energy will be “PEMIF” (OTCQB: PEMIF). Information such as stock trading and market data, related to Pure Energy Minerals, Ltd., will be reported under the new ticker symbol. The previous US trading symbol was “HMGLF” (OTCQB: HMGLF).
No action is required from existing shareholders in connection with the change, and no change has been made to the Company’s share capital.
The Company’s Canadian ticker symbol remains “PE” (TSXV:PE).
About Pure Energy Minerals Ltd.
Pure Energy is a lithium-brine resource developer that is driven to become the lowest-cost lithium supplier for the burgeoning North American lithium battery industry. Pure Energy is currently focused on the development of our prospective CVS Lithium Brine Project, which has the following key attributes:
A large land position with excellent existing infrastructure in a first-class mining jurisdiction: Approximately 9,324 acres in three main claim groups in the southern half of Clayton Valley, Esmeralda County, Nevada;
Adjacent to the only producing lithium operation in the United States (Albemarle’s Silver Peak lithium brine mine);
An inferred mineral resource of 816,000 metric tonnes of Lithium Carbonate Equivalent (LCE), reported in accordance with NI 43-101;
Metallurgical and process studies underway to better understand the feasibility and economics of using modern environmentally-responsible processing technology to convert the CVS brines into high purity lithium products for new energy storage uses.
On behalf of the Board of Directors,
Chief Executive Officer