Purebase Amends Supply Agreement With U.S. Mine Corp to Supply SCM Markets

IONE, CA, April 23rd, 2020 (GLOBE NEWSWIRE) — Purebase Corporation (OTCQB: PUBC), a diversified resource company, headquartered in Ione, California, today announced that it has entered into an amended materials supply agreement with U.S. Mine Corp, allowing Purebase to use kaolin clays for the development of metakaolin for its SCM (supplementary cementitious materials) products.

Purebase originally entered into a materials supply agreement with US Mine Corp in October 2018 to use kaolin clay solely as a sun protectant in the agricultural industry. US Mine Corp is a privately held mining company owned by certain Directors of Purebase Corporation.

Purebase’s Chairman and CEO, Scott Dockter stated, “The produced metakaolin from the kaolin clay will be blended with our pozzolan from the Snow White mine to create a compelling product that can reduce or eliminate the need for fly ash in concrete, and potentially be a partial replacement for cement.” He added, “we have worked with leading labs throughout the country to formulate the very best SCM products possible. As a result, we already have an ASTM C618 approval on our metakaolin (calcined kaolin), which is the first step in certifying an SCM for use in the marketplace.”

About Purebase Corporation

Purebase Corporation (OTCQB: PUBC) is a diversified resource company that acquires, develops and markets minerals for use in the agriculture, construction and other specialty industries.

Contacts

David Harvey | Purebase Corporation

david.harvey@purebase.com, and please visit our corporate website – www.purebase.com

Safe Harbor

This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Purebase Corporation and members of its management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that may cause actual results to differ from those anticipated are discussed throughout the Company’s reports filed with Securities and Exchange Commission which are available at www.sec.gov as well as the Company’s web site at www.purebase.com. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Purebase Creates Board of Advisors To Support Company Strategy in Construction Market Materials

IONE, CA, April 15th, 2020 (GLOBE NEWSWIRE) — Purebase Corporation (OTCQB: PUBC), a diversified resource company, headquartered in Ione, California, today announced that it has created a Board of Advisors to assist the management team in formulating next-generation SCMs (supplementary cementitious materials).  The first two members of the Board of Advisors to be appointed will be Dr. Kimberly Kurtis, PhD and Mr. Joseph Thomas.

Purebase’s Chairman and CEO, Scott Dockter stated, “Very few people in the SCM field have the unique backgrounds these two have. Both Dr. Kurtis and Joe Thomas are considered by many to be the best at what they do. They will be a tremendous asset to Purebase moving forward into the SCM market. I have always believed that great companies start with great people, and we certainly have that here at Purebase.”

About Dr. Kimberly Kurtis, PhD

Dr. Kurtis’s innovative research on the multi-scale structure and performance of cement-based materials has resulted in more than 100 technical publications and two US patents.

Dr. Kurtis currently serves as a Professor in the School of Civil & Environmental Engineering at Georgia Institute of Technology. She has served as Associate Dean of Faculty Development and Scholarship in the College of Engineering since 2014 and was interim chair of the School for the 2017-2018 academic year. Dr. Kurtis earned her BSE in civil engineering from Tulane University under a Deans Honor Scholarship and her Ph.D. in civil engineering from the University of California at Berkeley, where she was a Henry Hilp Fellow and a National Science Foundation (NSF) Fellow.  

About Mr. Joseph Thomas

Mr. Thomas has over 30 years of experience with cementitious materials, focusing on SCMs & Natural Pozzolans, blended cements, lightweight cements, ultrafine cementitious grouts, lightweight aggregates, and the remediation of non-spec waste products which have cementitious value.

Mr. Thomas also serves as a Vice President of R&D at Magmatics, Inc., a consulting firm focused on oil field cementing, concrete mix design, concrete admixtures, and new product design.  Prior to this he served as Vice President of Research & Development at Hess Pumice Products, a pumice mining and processing company where he developed their marketing/sales footprint in Asia and Europe, as well as North America. Mr. Thomas has a BS from the University of Idaho (Moscow) and he was formerly the President of the Natural Pozzolan Association and is still currently a member where he continues to advance the application of natural pozzolans in concrete mix designs.

About Purebase Corporation

Purebase Corporation (OTCQB: PUBC) is a diversified resource company that acquires, develops and markets minerals for use in the agriculture, construction and other specialty industries.

Contacts

David Harvey | Purebase Corporation

david.harvey@purebase.com, and please visit our corporate website – www.purebase.com

Safe Harbor

This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Purebase Corporation and members of its management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that may cause actual results to differ from those anticipated are discussed throughout the Company’s reports filed with Securities and Exchange Commission which are available at www.sec.gov as well as the Company’s web site at www.purebase.com. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Purebase Strengthens Board of Directors With Addition of Experienced Independent Director

IONE, CA, April 8th, 2020 (GLOBE NEWSWIRE) — Purebase Corporation (OTCQB: PUBC), a diversified resource company, headquartered in Ione, California, today announced the appointment of Jeffrey Guzy to the company’s Board of Directors as an Independent Board Director, effective April 8th, 2020. Mr. Guzy will also chair the newly created Audit and Compensation Committees. Mr. Calvin Lim, who has served as an Independent Board Member of Purebase since January 2015 will be stepping down effective April 8th, 2020.

Purebase’s Chairman and CEO, Scott Dockter stated, “We are very pleased to have Jeff join the Board of Directors of Purebase. He has a wealth of knowledge and experience in public company corporate governance that will serve us well as we continue to grow the Company and start preparing our application process to uplist to a National Exchange”. Mr. Dockter further added, “We’d also like to thank Calvin Lim for his many years of service to our company as a board member, and we wish him all the best in all his future endeavors.”

Mr. Guzy currently serves as an Independent Member of the Board of Directors of several public companies, including Leatt Corporation, Capstone Companies, and Brownie’s Marine Group. Mr. Guzy has had key executive positions at several large international companies, including Loral Space, Sprint International, Verizon and IBM. He received an MBA from the Wharton School/University of Pennsylvania, an MS in Systems Engineering from the University of Pennsylvania, and a BS in Electrical Engineering from the Pennsylvania State University.

About Purebase Corporation

Purebase Corporation (OTCQB: PUBC) is a diversified resource company that acquires, develops and markets minerals for use in the agriculture, construction and other specialty industries.

Contacts

David Harvey | Purebase Corporation

david.harvey@purebase.com, and please visit our corporate website – www.purebase.com

Safe Harbor

This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Purebase Corporation and members of its management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that may cause actual results to differ from those anticipated are discussed throughout the Company’s reports filed with Securities and Exchange Commission which are available at www.sec.gov as well as the Company’s web site at www.purebase.com. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.

Purebase Acquires Pozzolan Mineral Asset in San Bernardino, California

IONE, CA, April 2nd, 2020 (GLOBE NEWSWIRE) — Purebase Corporation (OTCQB: PUBC), a diversified resource company, headquartered in Ione, California, is pleased to announce that it has signed a definitive agreement to acquire the “Snow White Pozzolan Mine” (“Snow White”), located in Southern California in San Bernardino County.

Purebase’s Chairman and CEO, Scott Dockter stated, “The acquisition of Snow White will mark our strategic entry into the SCM (supplementary cementitious material) market-place. We have been working with the mineral composition of this mine for several years to create new materials that we know will be in high demand as the availability of fly ash (a byproduct of coal burning plants) as an SCM continues to diminish.” Mr. Dockter further added, “Our unique location in Southern California makes us uniquely positioned to serve West Coast markets in the U.S.”

The primary application of pozzolan is as a supplementary cementitious material in concrete for construction of bridges, highways, buildings, dams, and other construction projects. SCMs are used in concrete to reduce harmful emissions generated during the production of cement, and also provides additional strength and reduces the alkali-silica reaction (ASR) making it very valuable in any construction project.

Purebase Corporation is acquiring Snow White from a related party, and the purchase is subject to certain closing conditions.

Newbridge Securities Corporation, a full-service securities brokerage, and investment banking firm, served as a financial advisor to the transaction.

About Purebase Corporation

Purebase Corporation (OTCQB: PUBC) is a diversified resource company that acquires, develops and markets minerals for use in the agriculture, construction and other specialty industries.

Contacts

David Harvey | Purebase Corporation

david.harvey@purebase.com, and please visit our corporate website – www.purebase.com

Safe Harbor

This press release contains statements, which may constitute “forward-looking statements” within the meaning of the Securities Act of 1933 and the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995. Those statements include statements regarding the intent, belief, or current expectations of Purebase Corporation and members of its management team as well as the assumptions on which such statements are based. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to

management that may cause actual results to differ from those anticipated are discussed throughout the Company’s reports filed with Securities and Exchange Commission which are available at www.sec.gov as well as the Company’s web site at www.purebase.com. The Company undertakes no obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results.