VANCOUVER, BC / ACCESSWIRE / December 4, 2014 / Pure Energy Minerals Ltd (TSX-V: PE) (AHG.F) - ("Pure Energy" or the "Company"), today announced that it has completed an extension of the existing Mutual Cooperation Agreement (the "Agreement") with PHOENIX WATER ("PHOENIX"). PHOENIX is an Australian based technology company with proprietary processing technologies (the "PWT") for lithium rich brine and other super-saline brine and industrial wastewaters to zero liquid discharge.
The Agreement, which was originally signed March 3, 2014, has been extended until May 3, 2015. Pure Energy and PHOENIX will pursue reasonable efforts to enter into a definitive agreement within this time period.
Pursuant to the terms of the Agreement, Pure Energy and PHOENIX have agreed to discuss and determine opportunities to jointly collaborate and to propose the first location for the installation, testing and demonstration of the PWT at or near Pure Energy's mineral claims in Esmeralda County, Nevada, USA.
PHOENIX is being assisted by one of the world's leading engineering, architecture and environmental consulting companies, GHD, which is providing technology consulting and project management services.
Pure Energy has an option agreement with GeoXplor Corp., a privately owned entity, to acquire a 100% interest in the CV/DB lithium brine claims. The CV/DB project is contiguous to the only producing lithium mine in the United States, Rockwood Lithium's Silver Peak lithium brine mine. Pure Energy is focused on producing advanced battery materials utilizing environmentally friendly, sustainable and scalable technologies.
About PHOENIX:
PHOENIX is an Australian-based technology company which has developed proprietary clean and green technology for the zero liquid discharge treatment of super-saline and industrial wastewaters. PHOENIX aims to be the global leader in the recovery of water and valuable commodities from previously untreatable brine and wastewater streams. www.phnxwater.com
About GHD:
GHD is one of the world's leading engineering, architecture and environmental consulting companies. Wholly-owned by its people, GHD is dedicated to solving its clients' challenges in the global markets of water, energy and resources, environment, property and buildings, and transportation. Operating globally and delivering locally, our 5,500 professionals collaborate as One GHD to improve infrastructure, economies and communities. www.ghd.com
About Pure Energy:
Pure Energy is an integrated lithium mining and processing developer with a focus on green 'cradle-to-cradle' life cycle solutions for lithium supply in North America. Pure Energy is currently focused on the advancement of our prospective Clayton Valley Lithium Brine Project, located in Esmeralda County, Nevada.
On behalf of the Board of Directors
"Robert Mintak"
Chief Executive Officer
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release
CONTACT:
Pure Energy Minerals Limited
www.pureenergyminerals.com
[email protected]
Phone - (604) 608 6611 ext. 5
SOURCE: Pure Energy Minerals Ltd