Pure Energy Minerals Ltd (PEMIF)

[DMOST]

It indicates that they have blown through the nearly $6million obtained from the last private placement offering.

What is the point of raising the $225,000? Does this mean they are out of money and will be operating on this new $225,000?!
'Kswies'

Not Looking Good going forward. The below statement if from the PR about the convertible note:

"The Company intends to use the proceeds from the Note Offering for general corporate purposes and working capital needs."

GO PEMIF

"PEACE"