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Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) has appointed Yuwei Hong to its board of directors. Hong represents Lithium X Corp, which holds an 11.6% equity stake in Pure Energy. Hong brings over 15 years of experience in management, investment, and consulting, currently serving as vice president of Xizang Zhufeng Resources Co. He previously worked as investment director at NextView Capital and holds a master’s degree from the University of Illinois Urbana-Champaign and is a CFA charter holder. He replaces Yuankai Mao on the board.
Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) ha nominato Yuwei Hong nel suo consiglio di amministrazione. Hong rappresenta Lithium X Corp, che detiene una partecipazione azionaria dell’11,6% in Pure Energy. Hong porta con sé oltre 15 anni di esperienza nella gestione, negli investimenti e nella consulenza, attualmente ricoprendo il ruolo di vicepresidente di Xizang Zhufeng Resources Co. In precedenza, ha lavorato come direttore degli investimenti presso NextView Capital e possiede un master presso l’Università dell’Illinois Urbana-Champaign ed è un CFA charter holder. Sostituisce Yuankai Mao nel consiglio.
Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) ha nombrado a Yuwei Hong en su junta directiva. Hong representa a Lithium X Corp, que posee una participación accionaria del 11,6% en Pure Energy. Hong aporta más de 15 años de experiencia en gestión, inversión y consultoría, siendo actualmente vicepresidente de Xizang Zhufeng Resources Co. Anteriormente, trabajó como director de inversiones en NextView Capital y tiene una maestría de la Universidad de Illinois Urbana-Champaign además de ser titular del CFA charter. Reemplaza a Yuankai Mao en la junta.
Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF)가 Yuwei Hong을 이사회에 임명했습니다. Hong은 Pure Energy의 11.6% 지분을 보유하고 있는 Lithium X Corp를 대표합니다. Hong은 관리, 투자 및 컨설팅 분야에서 15년 이상의 경험을 가지고 있으며, 현재 Xizang Zhufeng Resources Co의 부사장으로 활동하고 있습니다. 그는 이전에 NextView Capital에서 투자 이사로 근무했으며, 일리노이 대학교 어바나-샴페인 캠퍼스에서 석사 학위를 보유하고 있으며 CFA 자격증도 가지고 있습니다. 그는 이사회에서 Yuankai Mao를 대신합니다.
Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) a nommé Yuwei Hong au sein de son conseil d’administration. Hong représente Lithium X Corp, qui détient une participation de 11,6 % dans Pure Energy. Hong a plus de 15 ans d’expérience en gestion, en investissement et en conseil, et occupe actuellement le poste de vice-président de Xizang Zhufeng Resources Co. Auparavant, il a travaillé comme directeur des investissements chez NextView Capital et est titulaire d’un master de l’Université de l’Illinois à Urbana-Champaign. Il remplace Yuankai Mao au conseil.
Pure Energy Minerals (TSXV: PE) (OTCQB: PEMIF) hat Yuwei Hong in seinen Vorstand berufen. Hong repräsentiert Lithium X Corp, die einen Anteil von 11,6% an Pure Energy hält. Hong bringt über 15 Jahre Erfahrung in Management, Investitionen und Beratung mit und ist derzeit Vizepräsident von Xizang Zhufeng Resources Co. Zuvor war er als Investmentdirektor bei NextView Capital tätig und hat einen Masterabschluss von der Universität Illinois Urbana-Champaign. Zudem ist er ein CFA-Charterinhaber. Er ersetzt Yuankai Mao im Vorstand.
Positive
- Appointment of experienced board member with 15+ years in management and investment
- Representation of significant shareholder (Lithium X Corp – 11.6% stake) on the board
Vancouver, British Columbia–(Newsfile Corp. – November 21, 2024) – Pure Energy Minerals Limited (TSXV: PE) (OTCQB: PEMIF) (“Pure Energy” or “the Company”) is pleased to announce that Mr. Yuwei Hong has been appointed to the board of directors of Pure Energy Minerals. Mr. Hong represents Lithium X Corp. which holds an 11.6% equity position in Pure Energy.
Mr. Hong is an experienced professional with over 15 years of expertise in management, investment, and consulting. He currently serves as the vice president of Xizang Zhufeng Resources Co. Ltd. (Previously known as the Tibet Summit). Before joining Xizang Zhufeng in 2022, he worked as an investment director at the NextView Capital. Mr. Hong holds a master’s degree from the University of Illinois Urbana-Champaign and is a Chartered Financial Analyst (CFA) charter holder.
As well, the Company sincerely thanks Mr. Yuankai Mao for his contributions as a prior board member and wishes his well in his future endeavours.
“Pure Energy is very pleased to welcome Mr. Hong as a board member and we look forward to working with him in the future,” stated Joseph Mullin, CEO & Director of Pure Energy.
About Pure Energy
Pure Energy Minerals is a lithium resource company that has consolidated a pre-eminent land position at its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprising 950 claims over 23,360 acres (9,450 hectares), representing the largest land holdings in the valley.
Pure Energy’s strategic partner, SLB, is operator of the Clayton Valley Project. In May of 2019, Pure Energy and SLB signed an Earn-In agreement over the CV Project which requires significant investment by SLB in the Project, to include the design and construction of a pilot plant capable of processing lithium-bearing brines for high-quality lithium hydroxide monohydrate (“lithium hydroxide” or “LiOH∙H2O”) and/or lithium carbonate (“Li2CO3”) products at a specified rate. For further details regarding SLB’s participation, please refer to Pure Energy’s Annual General and Special Meeting Management Information Circular dated April 4, 2019, available on SEDARplus.com.
On behalf of the Board of Directors,
“Joseph Mullin”
CEO, Pure Energy Minerals Ltd.
Cautionary Statements and Forward-Looking Information
The information in this news release contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release may include future exploration and development on the Clayton Valley Project. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
The Company does not undertake to update any forward-looking information, except as required by applicable laws.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230981
FAQ
Who is the new board member appointed to Pure Energy Minerals (PEMIF)?
Yuwei Hong has been appointed to Pure Energy Minerals’ board of directors, representing Lithium X Corp which holds an 11.6% equity position in the company.
What is Yuwei Hong’s professional background at Pure Energy Minerals (PEMIF)?
Yuwei Hong has over 15 years of experience in management, investment, and consulting. He currently serves as vice president of Xizang Zhufeng Resources Co. and previously worked as investment director at NextView Capital.
What percentage stake does Lithium X Corp hold in Pure Energy Minerals (PEMIF)?
Lithium X Corp holds an 11.6% equity position in Pure Energy Minerals.
