Pure Energy is a lithium-brine resource developer that is driven to become the lowest-cost lithium supplier for the burgeoning North American lithium battery industry. Pure Energy is currently focused on the development of our prospective CVS Lithium Brine Project, which has the following key attributes: • A large, strategic land position with excellent infrastructure in a first-class mining jurisdiction: approximately 4,500 hectares (11,000 acres)in Clayton Valley, Esmeralda County, Nevada, located a 3-hour drive from the Gigafactory;• The only lithium brine resource in North America except for Albemarle's adjoining Silver Peak lithium brine mine, which is the only producing lithium operation in North America;• An inferred mineral resource containing approximately 816,000 metric tonnes of Lithium Carbonate Equivalent (LCE) at an average grade of approximately 102 mg/L lithium, reported in accordance with NI 43-101 (see July 2015 Inferred Resource Report);• An advanced program of testing the efficacy and economics of modern, environmentally-responsible processing technologies to convert the CVS brines into high purity lithium products for new energy storage uses;• A new early stage exploration program on the 13,000-hectare (32,000 acre) Terra Cotta Project (TCP), located on Pocitos Salar in Salta Province; and• An active business development program, applying Company expertise to the evaluation of new lithium targets around the world.