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Pure Energy Minerals (TSXV:PE) appoints Mao Yuankai to the board of directors

Mining
TSXV:PE
04 July 2022 14:15 (EDT)

Pure Energy Minerals Ltd. (PE) has appointed Mao Yuankai to the company’s board of directors.

Mao represents Lithium X Corp. which holds an 11.9 per cent equity position in the company of Pure Energy.

As for Mao’s background, he graduated from the University of Tasmania and has more than 10 years of experience in the sector of business management.

He has rich investment and trading experience in non-ferrous metal products and minerals and is said to have a good relationship with large international traders such as Glencore PLC and Trafigura.

Mao is currently a Director of Lithium X Energy Chairman Assistant of Tibet Summit Resources and Chairman of Potasio Y Litio De Argentina S.A.

Hua Huang has resigned and will no longer be needed as a board member.

“We look forward to working with him in the future,” stated Mary Little, director of Pure Energy.

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry.

One of Pure Energy’s land positions is the Clayton Valley Project which adjoins and surrounds on three sides the Silver Peak lithium brine mine operated by Albemarle Corporation.

The area is home to 950 claims over 23,360 acres.

Pure Energy Minerals Ltd. (PE) is down over 5.50 per cent, trading at C$0.68 at 12:15 pm EST.

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