Pure Energy Signs Letter of Intent for Option on Railroad Valley Property from Ameriwest Lithium Inc. Page 1

Vancouver, British Columbia–(Newsfile Corp. – September 4, 2024) – Pure Energy Minerals Ltd. (TSXV: PE) (OTCQB: PEMIF) (“Pure Energy” or “the Company”) is pleased to announce that it has signed a letter of intent (“LOI”), dated August 30, 2024, to acquire up to an 85% interest in the Railroad Valley Property (the “Property”), located in Nye County, Nevada, from Ameriwest Lithium Inc. (“Ameriwest” or “AWLI”). The Property comprises 563 placer mineral claims granted by the U.S. Bureau of Land Management (“BLM”), and is well situated for exploration for lithium-bearing brines.

Pure Energy’s LOI with Ameriwest provides for the following terms for six years: