• Pure Energy Minerals (PE) appoints a director
  • Mao represents Lithium X Corp. which holds an 11.9 per cent equity position in the company of Pure Energy
  • He graduated from the University of Tasmania and has more than 10 years of experience in the sector of business management
  • Mao is currently a Director of Lithium X Energy Chairman Assistant of Tibet Summit Resources and Chairman of Potasio Y Litio De Argentina S.A
  • Hua Huang was previously with the company and has resigned and will no longer be needed as a board member.
  • Pure Energy Minerals Ltd. (PE) is down over 5.50 per cent, trading at C$0.68 at 12:15 pm EST

Pure Energy Minerals Ltd. (PE) has appointed Mao Yuankai to the company’s board of directors.

Mao represents Lithium X Corp. which holds an 11.9 per cent equity position in the company of Pure Energy.

As for Mao’s background, he graduated from the University of Tasmania and has more than 10 years of experience in the sector of business management.

He has rich investment and trading experience in non-ferrous metal products and minerals and is said to have a good relationship with large international traders such as Glencore PLC and Trafigura.

Mao is currently a Director of Lithium X Energy Chairman Assistant of Tibet Summit Resources and Chairman of Potasio Y Litio De Argentina S.A.

Hua Huang has resigned and will no longer be needed as a board member.

“We look forward to working with him in the future,” stated Mary Little, director of Pure Energy.

Pure Energy Minerals is a lithium resource developer that is driven to become a low-cost supplier for the growing lithium battery industry.

One of Pure Energy’s land positions is the Clayton Valley Project which adjoins and surrounds on three sides the Silver Peak lithium brine mine operated by Albemarle Corporation.

The area is home to 950 claims over 23,360 acres.

Pure Energy Minerals Ltd. (PE) is down over 5.50 per cent, trading at C$0.68 at 12:15 pm EST.

More From The Market Online
First Quantum Minerals - First Quantum Minerals' Cobre Panama mine.

First Quantum hopes Panama’s new president will revive its copper mine

First Quantum Minerals (TSX:FM) wants to speak with Panama’s incoming president in the hopes of reopening its Cobre Panama copper mine.
Pinnacle Silver and Gold - Shot from Pinnacle Silver and Gold's Argosy Gold Project in Ontario.

This junior gold stock is at an all-time low and ready to rally

Junior gold investors currently enjoy dozens of opportunities with multi-bagger upside with stocks at or near all-time lows.

This small-cap gold stock keeps notching high-grade gold in Nevada 

Viva Gold (TSXV:VAU) continues to capitalize on the market thanks to its 100-per-cent-owned Tonopah project in west-central Nevada. 

York Harbour Metals reveals promising rare earth sampling assays

York Harbour Metals (TSXV:YORK) shares positive assays from its Bottom Brook rare earth elements project in Newfoundland and Labrador.