Pure Energy Minerals Announces Private Placement

Vancouver, British Columbia--(Newsfile Corp. - May 22, 2026) - Pure Energy Minerals Limited (TSXV: PE) (OTCQB: PEMIF) ("Pure Energy" or "the Company") is pleased to announce that it will be proceeding with a non-brokered private placement of up to 2,000,000 units (the "Units") at a price of $0.25 per Unit for gross proceeds of $500,000 (the "Offering"). Each Unit will consist of one common share of the Company and one common share purchase warrant (a "Warrant"), with each Warrant entitling the holder to purchase one additional common share (a "Warrant Share") at a price of $0.37 for a period of 36 months following the closing of the Offering (the "Expiry Date").