VANCOUVER, BC--(Marketwired - Mar 18, 2015) - Pure Energy Minerals Limited (
In accordance with the terms of the Consulting Agreement, Brisco will receive a monthly fee of C$6,000 plus applicable taxes from the Company and are being granted stock options (the "Options") to acquire 200,000 common shares of the Company at an exercise price of $0.23 per common share. The Options vest quarterly over a period of twelve months from the date of issuance and can be exercised for a period of two years from the date of grant.
The Consulting Agreement and the grant of the Options are subject to TSX Venture Exchange approval and the Company's stock option plan.
About Pure Energy:
Pure Energy is an integrated lithium mining and processing developer with a focus on green 'cradle to cradle' lifecycle solutions for lithium supply in North America. Pure Energy is currently focused on the advancement of our prospective Clayton Valley Lithium Brine Project, located in Esmerelda County, Nevada.
On behalf of the Board of Directors
Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.