Canada
Pure Energy Minerals is a Canadian-based energy startup founded in 2012. The company is positioning itself as a lithium-brine resource developer with a focus on supplying the North American lithium battery industry. Their flagship project, the CVS Lithium Brine Project, boasts a substantial land position in Clayton Valley, Nevada, strategically located near the Gigafactory. With an inferred mineral resource of approximately 816,000 metric tonnes of Lithium Carbonate Equivalent (LCE), Pure Energy is actively testing processing technologies to convert the brines into high purity lithium products for energy storage. The company is also undertaking an early stage exploration program on the Terra Cotta Project and pursuing new lithium targets worldwide.
The company's last investment of $6.20M in Post-IPO Equity took place on 20 July 2016, although the identity of the investors is not disclosed. With its strategic positioning, focus on new energy storage solutions, and ongoing development initiatives, Pure Energy Minerals presents an intriguing investment prospect within the dynamic energy sector.
