Pure Energy Announces Completion of an Earn-In Transaction in Esmeralda County
TMX Newsfile·2026-03-17 00:36
Core Insights - Pure Energy Minerals Limited has completed an earn-in transaction for its lithium brine claims in Esmeralda County, Nevada, allowing for the development of a demonstration plant for Direct Lithium Extraction [1][2] - The company will receive a 3% net smelter return (NSR) royalty on all commodities extracted from the claims, which were previously owned by the company [1][2] Company Overview - Pure Energy is a mineral exploration company listed on the TSX Venture Exchange, transitioning towards a new phase of corporate growth and focusing on evaluating new strategic prospects [2] - The company is committed to a disciplined acquisition strategy aimed at creating long-term shareholder value [2]