AI
Wednesday, October 11, 2017 3:33:38 PM
A penny Lithium stock PEMIF...that is oversold...
http://oracledispatch.com/2017/06/05/pure-energy-minera-com-npv-otcmktspemif-gaining-land-key-lithium-supply-locale/
PURE ENERGY MINERA COM NPV (OTCMKTS:PEMIF) is a stock that many should start to know because of its connection to Tesla and the Bolivian lithium sector. Back in 2015, PEMIF inked a supply deal with TSLA and last month announced significant news that could boost its ability to profit from the lithium boom.
Last month, PEMIF entered into series of agreements with Lithium X Energy Corp, GeoXplor Corp., and Clayton Valley Lithium Inc. to acquire Lithium X’s interest “in 756 unpatented mineral claims covering approximately 15,000 acres” in Clayton Valley, Nevada. Under the agreements, Pure Energy would acquire three subsidiaries by issuing 20,038,182 common shares and 2,022,290 common share purchase warrants to Lithium X. Additionally, Lithium X also agreed to make an investment of $2 million. In addition, PEMIF will have the option to acquire 100% interest in 359 unpatented mineral claims across 10,000 acres in Clayton Valley.
PURE ENERGY MINERA COM NPV (OTCMKTS:PEMIF) describes itself as a company that looks to acquire, explore, and develop mineral properties. The company’s recent emphasis is as a lithium-brine resource developer that is “driven to become the lowest-cost lithium supplier for the burgeoning North American lithium battery industry.”
In addition, on the last day of the month, PEMIF put out that it had closed the previously announced transaction with Lithium X Energy Corp. The company had issued the promised 20,038,182 common shares and Lithium X also completed a $2 million strategic investment in Pure Energy.
http://oracledispatch.com/2017/06/05/pure-energy-minera-com-npv-otcmktspemif-gaining-land-key-lithium-supply-locale/
PURE ENERGY MINERA COM NPV (OTCMKTS:PEMIF) is a stock that many should start to know because of its connection to Tesla and the Bolivian lithium sector. Back in 2015, PEMIF inked a supply deal with TSLA and last month announced significant news that could boost its ability to profit from the lithium boom.
Last month, PEMIF entered into series of agreements with Lithium X Energy Corp, GeoXplor Corp., and Clayton Valley Lithium Inc. to acquire Lithium X’s interest “in 756 unpatented mineral claims covering approximately 15,000 acres” in Clayton Valley, Nevada. Under the agreements, Pure Energy would acquire three subsidiaries by issuing 20,038,182 common shares and 2,022,290 common share purchase warrants to Lithium X. Additionally, Lithium X also agreed to make an investment of $2 million. In addition, PEMIF will have the option to acquire 100% interest in 359 unpatented mineral claims across 10,000 acres in Clayton Valley.
PURE ENERGY MINERA COM NPV (OTCMKTS:PEMIF) describes itself as a company that looks to acquire, explore, and develop mineral properties. The company’s recent emphasis is as a lithium-brine resource developer that is “driven to become the lowest-cost lithium supplier for the burgeoning North American lithium battery industry.”
In addition, on the last day of the month, PEMIF put out that it had closed the previously announced transaction with Lithium X Energy Corp. The company had issued the promised 20,038,182 common shares and Lithium X also completed a $2 million strategic investment in Pure Energy.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
