VANCOUVER, British Columbia,
Feb. 12, 2013 /CNW/ - Pure Energy
Minerals Limited ("Pure Energy" or the "Company")
(TSX-V: PE) is pleased to announce that it has entered into
an advisory services agreement (the "Agreement") with Luscar
International Ltd. ("Luscar") pursuant to which Luscar has
agreed to provide the Company with certain services, including
introducing the Company to second source financing and potential
strategic take off opportunities (the "Services"). The
Agreement is for an initial term of six months, subject to monthly
renewal thereafter, unless earlier terminated in accordance with
its terms.
Mr. Jaeyol Kim, a business development specialist, will provide
the Company with the Services under the Agreement and will act as
an advisor to the board of directors. He is a seasoned senior
executive with broad experience in corporate strategy, financing,
investment, business development, international trade, mergers and
acquisitions consulting arena for the last 20 years. In recent
years Mr. Kim has been active in the mining industry and often
involved as a corporate advisor for the various mining projects in
the region including Russia,
Argentina, Chile, US, Canada and Australia mainly to identify and secure
strategic investments.
Mr. Kim was a board member and a senior executive vice president
of Lithea Inc., a junior lithium brine exploration company in
Argentina, in charge of corporate
development and strategy where he successfully secured the
company's initial funding of US$15M.
Currently Mr. Kim is a Managing Director of Luscar International
Ltd., specialized in corporate strategy and development consulting
and mining asset relocation and investment. He also serves as a
representative of Behre Dolbear Group for Korea, a 100-year old
prestigious mining consulting firm based in the US. He was also
senior vice president of Siberian Mining Group Limited listed in
Hong Kong. Former director of The
Richard V. Allen Company, a strategy consulting firm based in US
and Korea specialized in US-Korea relations covering both private
and public sectors. He was a special counselor to US Ambassador to
Taejon Expo'93 Korea and participated in two US-Korea Summit
meetings assisting in public and government affairs.
"Mr. Kim is a great addition to our team. His focus will be in
Korea as well as cultivating opportunities from his many contacts
in the mining sector. He has worked with Tom Currin, the most recent addition to our
board of advisors, in the past and has been successful in
developing strategic relationships and financing opportunities for
companies at similar development stages to Pure Energy's current
position," stated Jason Dussault,
the Company's CEO.
The Company also announces Mr. Jerry
Minni's resignation as a Director of the Company. The Board
thanks Mr. Minni for his contributions to the Company and wishes
him the best in his future endeavours.
ON BEHALF OF THE BOARD
Pure Energy Minerals Limited
Jason Dussault, Chief Executive
Officer
For further information contact: (604) 608 6611
We seek Safe Harbor.
Neither the 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.
Investor Relations Contact
Email: jeremy@pureenergyminerals.com
Phone: 604-608-6611 Ext 5
Website: pureenergyminerals.com
SOURCE Pure Energy Minerals Limited