Pure Energy Minerals Announces New Director

Rhea-AI Summary

Pure Energy Minerals (PEMIF) has appointed Mr. Cam Hosie, Senior Vice President at SLB, to its Board of Directors. Hosie leads commercial and business development across SLB's New Energy platform, which encompasses technologies in carbon capture, hydrogen, geothermal, critical minerals, and energy storage. Prior to SLB, he served as CEO of 8 Rivers, where he led the commercialization of zero carbon technologies. The appointment brings significant expertise in energy transition and sustainable solutions to Pure Energy's leadership. Simultaneously, Mr. Patrick Galletti has stepped down from the Board.

Positive

• Addition of experienced energy transition executive with expertise in clean energy and decarbonization
• Strategic alignment with sustainable energy solutions through new board member's background
• Potential access to SLB's network and partnerships in the energy sector

Negative

• Loss of existing board member Patrick Galletti's experience and insights

Vancouver, British Columbia--(Newsfile Corp. - May 23, 2025) - Pure Energy Minerals Limited (TSXV: PE) (OTCQB: PEMIF) ("Pure Energy" or "the Company") is pleased to announce that Mr. Cam Hosie has been appointed to the board of directors of Pure Energy Minerals. Mr. Hosie is a Senior Vice President at SLB, helping lead commercial and business development across SLB's New Energy platform. This platform includes a broad range of cutting-edge technologies including carbon capture, hydrogen, geothermal, critical minerals, and energy storage. Cam plays a pivotal role in shaping SLB's global energy transition strategy, building partnerships, and promoting sustainable energy solutions to reduce emissions and drive long-term growth. Before SLB, Cam served as CEO of 8 Rivers, where he spearheaded the commercialization of breakthrough technologies in the zero carbon space. He brings extensive experience in managing large-scale, innovative energy projects positions at the center of global effort to advance clean energy and decarbonization initiatives.

"We are pleased to welcome Cam Hosie to the Board of Directors of Pure Energy Minerals. We know the Company will benefit from his experience and leadership in energy transition," stated Joseph Mullin, CEO & Director of Pure Energy.

Mr. Patrick Galletti has resigned from the Board and the Company sincerely thanks Mr. Galletti for his contributions and wishes him well in his future endeavours.

About Pure Energy

Pure Energy Minerals is a lithium resource company that has consolidated land position at its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources. The Company entered into an Earn-In 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 Clayton Valley Project.

On behalf of the Board of Directors,
"Joseph Mullin"
CEO, Pure Energy Minerals Ltd.

CONTACT:

Pure Energy Minerals Limited (www.pureenergyminerals.com)
Email: info@pureenergyminerals.com
Telephone: +1 604 608 6611

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/253334

FAQ

Who is the new board director at Pure Energy Minerals (PEMIF)?

Cam Hosie, Senior Vice President at SLB, has been appointed as the new board director at Pure Energy Minerals.

What is Cam Hosie's experience before joining Pure Energy Minerals' board?

Cam Hosie is currently SVP at SLB leading their New Energy platform, and previously served as CEO of 8 Rivers where he commercialized zero carbon technologies.

What areas of expertise does PEMIF's new director bring to the company?

He brings expertise in carbon capture, hydrogen, geothermal, critical minerals, energy storage, and experience in managing large-scale innovative energy projects.

Who left Pure Energy Minerals' board in May 2025?

Mr. Patrick Galletti resigned from Pure Energy Minerals' Board of Directors.