PEMIFPure Energy Minerals Ltd.
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About Pure Energy Minerals Ltd. (PEMIF)
Pure Energy Minerals Ltd. (PEMIF) is a Other Industrial Metals & Mining company headquartered in Vancouver, BC, Canada whose shares trade over-the-counter on the OTCQB tier.
Pure Energy Minerals is a mineral resource company engaged in the exploration and development of mineral properties, with a specialized focus on lithium (or "Li") brines and related processing of brines into lithium compounds. Pure Energy is based in Vancouver, BC, Canada and is listed on the TSX Venture Exchange in Canada (PE.V), OTC Markets in the USA (OTCQB: PEMIF), and the Frankfurt Stock Exchange (AHG).
Products and services
Pure Energy's primary project is the CV Project, located in Clayton Valley, Esmeralda County, Nevada. The Company entered into an Earn-In Agreement (the "Agreement") with Schlumberger Technology Corp., a subsidiary of SLB (formerly Schlumberger Limited), dated May 1, 2019 whereby the Company has granted SLB an option, in favour of SLB, to acquire all of the Company’s interests in the CV Project (the “Option”). Upon completion and exercise of the Option, the Company will be entitled to receive a 3% net smelter return royalty (“NSR”) on any minerals produced at the CV Project and an advance minimum royalty payment of US$400,000 annually, payable quarterly, commencing January 1, 2021 for a period of five years or until the CV Project achieves commercial production.
PEMIF key facts
- Ticker symbol
- PEMIF
- Market tier
- OTCQB
- Sector
- Basic Materials
- Industry
- Other Industrial Metals & Mining
- Headquarters
- Vancouver, BC, Canada
- Country of incorporation
- CA
- Year of incorporation
- 1999
- Estimated market cap
- $4.50M (as of Apr 10, 2025)
- Shares outstanding
- 33,967,983
- Reporting standard
- International Reporting: TSX Venture Exchange
- Audit status
- Audited
- Fiscal year end
- 6/30
- Latest filing
- Interim Financial Report (Dec 31, 2024)
Pure Energy Minerals Ltd. leadership
- Joseph Eugene Mullin, III — CEO
- Xavier Wenzel — CFO
- Ann Stella Fehr — Corporate Secretary
- Man-Ning Huang — Assistant Corporate Secretary
- Mary Little — Consultant
- Accounts Payable — Other
Explore more: Other Industrial Metals & Mining stocks · Basic Materials sector · OTCQB stocks · OTC stocks starting with P
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