by Admin | Dec 14, 2023 | news, Press Release
Purebase announces new Chief Financial Officer
IONE, CA, DECEMBER 14, 2023 (GLOBE NEWSWIRE) — Purebase Corporation (OTCQB: PUBC), a diversified resource company, headquartered in Ione, California, announces the appointment of Stephen Gillings, MBA as Chief Financial Officer, effective December 13, 2023.
Mr. Gillings holds extensive experience in business and finance, having received a Bachelor of Science in Accounting from the University of California, Berkeley, as well as a Master of Business Administration with a Finance Concentration from California State University, Fullerton.
Gillings has more than twenty years of experience of being a CFO in the public market. His extensive financial background focuses on retail, distribution and manufacturing companies.
“I believe that Purebase has a great future,” Gillings stated. “I am looking forward to being a part of a talented team of individuals who will take the company to their next level of innovation.”
Purebase CEO, Scott Dockter added, “This next step of adding Gillings and his financial knowledge and experience to our team brings Purebase closer to its continual success of providing solutions towards a greener and more sustainable future.”
About Purebase Corporation
Purebase Corporation (OTCPK: PUBC) is a diversified resource company that acquires, develops, and markets minerals for use in agriculture, construction, and other specialty industries.
Safe Harbor
This press release contains statements, which may constitute “forward-looking statements”. Those statements include statements regarding the intent, belief, or current plans or 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 actual results may differ materially from those contemplated by such forward-looking statements. Risks and other important factors concerning Purebase’s business are described in the Company’s Annual Report on Form 10-K for the year ended November 30, 2022, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to update its forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contacts
Rachel Norris – Purebase Corporation | rachel.norris@purebase.com
by Admin | Nov 14, 2023 | news, Press Release
Pictured above is a commercial calciner plant located in Africa, designed by industrial engineering company, Thyssenkrupp. Purebase and Capstone Partners have signed a finance agreement of the design and construction of a similar kaolin calcining production facility.
Purebase Corporation announces today that it has signed an agreement with Capstone Partners
IONE, CA, November 14, 2023 – Purebase Corporation (OTCPK: PUBC), (“Purebase”) announces today that it has signed an agreement with Capstone Partners to secure financing up to 120 million to fund the design, construction, and equipping of a new kaolin mineral production facility. This new facility will produce a metakaolin that is targeted for use as a supplementary cementitious material (SCM) for use in the production of lower-carbon cement.
Purebase CEO, Scott Dockter, stated “These funds will allow us, at the completion of this facility, to produce up to one-million tons of a finished product. This will be a great start towards our goal of becoming a sustainable and reliable manufacturer of SCM’s for many years to come.”
Capstone Partners Managing Director of Energy & Natural Resources, Raymond McCormick, added “We are thrilled to be involved in the fundraising effort with a project that comes at the right time, and that will garner widespread attention, for an extremely demanded product for the cement industry to assist in reducing carbon emissions.”
About Purebase Corporation
Purebase Corporation (OTCPK:PUBC) is a diversified resource company that acquires, develops, and markets minerals for use in agriculture, construction, and other specialty industries.
Safe Harbor
This press release contains statements, which may constitute “forward-looking statements”. Those statements include statements regarding the intent, belief, or current plans or 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 actual results may differ materially from those contemplated by such forward-looking statements. Risks and other important factors concerning Purebase’s business are described in the Company’s Annual Report on Form 10-K for the year ended November 30, 2022, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to update its forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contacts
Emily Tirapelle – Purebase Corporation | emily.tirapelle@purebase.com.
by Admin | Nov 8, 2023 | news, Press Release
Purebase Corporation Enters into a Material Definitive Agreement
IONE, CA, November 8, 2023 – Purebase Corporation (OTCPK: PUBC), (“Purebase”) Purebase Corporation entered a Second Amendment to the Materials Extraction Agreement (“Agreement”) on November 1, 2023 with US Mine, LLC (“US Mine”), which Agreement provides for US Mine to provide kaolin clay for Purebase’s planned production of metakaolin to be used as supplementary cementitious material (SCM).
The Amendment provides, among other things, for the cancellation of US Mine’s option to purchase up to 116,000,000 shares of the Company’s common stock and in lieu thereof the Company will pay US Mine a monthly production royalty of $20.00 per ton of kaolin clay extracted from property owned by US Mine.
Purebase Corporation CEO, Scott Dockter, stated “this amended agreement is all about sustainability for Purebase. We will have decades of resources available to help reduce the carbon emissions that occur during the manufacturing of cement. One of the biggest concerns we’ve heard from the cement industry is that the materials to make a lower carbon cement can be in short supply. I believe this agreement will help alleviate those concerns.”
About Purebase Corporation
Purebase Corporation (OTCPK:PUBC) is a diversified resource company that acquires, develops, and markets minerals for use in agriculture, construction, and other specialty industries.
Safe Harbor
This press release contains statements, which may constitute “forward-looking statements”. Those statements include statements regarding the intent, belief, or current plans or 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 actual results may differ materially from those contemplated by such forward-looking statements. Risks and other important factors concerning Purebase’s business are described in the Company’s Annual Report on Form 10-K for the year ended November 30, 2022, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to update its forward-looking statements, whether as a result of new information, future events, or otherwise.
Investor Contacts
Emily Tirapelle – Purebase Corporation | emily.tirapelle@purebase.com.
by Admin | Oct 23, 2023 | news, Press Release
Purebase hosts partners in philanthropy and climate to decarbonize heavy industry
IONE, CA, October 23, 2023 – Purebase Corporation (OTCPK: PUBC), (“Purebase”) recently hosted a group of energy and environment stakeholders at its Ione, CA site, coordinated by ClimateWorks Foundation, a global platform for philanthropy to innovate and scale high-impact climate solutions that benefit people and the planet. The site visit showcased Purebase’s operations and its plans to address global greenhouse gas (GHG) emissions through its new supplementary cementitious material (SCM) products.
Purebase is in the process of calcining clay for LC3, a low-carbon alternative material to cement that could transform heavy industry. A new report from the Department of Energy found this material to save $20 per ton and reduce carbon dioxide emissions by up to 40 percent.
Attendees viewed ongoing operations and several of the significant clay deposits, then had a discussion with onsite geologists and engineers about the new climate-friendly SCM technology. Discussions centered around the potential GHG reductions using Purebase SCM’s and the efficient mining methods employed to process the ore. Purebase has a unique opportunity to produce low-carbon cement materials within the next year due to current permits in place at its operations.
In attendance were representatives from ClimateWorks Foundation, AJW, Arup, Columbia, EDF, Low Carbon Initiative, NBI, NRDC, Project 2030/E2, Sierra Club California, Tempest Advisors, University of Washington, Prologis, and the U.S. Energy Foundation.
Purebase Corporation CEO Scott Dockter stated, “What we were able to convey through this in-person site visit is our access to a vast deposit of minerals that is in excess of 300 million tons here in California. These resources provide us with the potential for sustainability, consistency, and supply-chain reliability that few other resource providers have to offer. We intend to be a part of the climate solution for many decades to come.”
ClimateWorks Foundation Associate Director Scott Shell stated, “Cement is responsible for around 8% of global carbon emissions, and we can reduce that by up to 40% or more using calcined clay like the one Purebase intends to produce. Low-emission cement materials will be a key strategy to help California meet its net zero cement goal by 2045 as required by SB596.”
About Purebase Corporation
Purebase Corporation (OTCPK:PUBC) is a diversified resource company that acquires, develops, and markets minerals for use in agriculture, construction, and other specialty industries.
Safe Harbor
This press release contains statements, which may constitute “forward-looking statements”. Those statements include statements regarding the intent, belief, or current plans or 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
by Admin | Jul 17, 2023 | news, Press Release
IONE, CA, July 17, 2023 – Purebase Corporation (OTCPK: PUBC), (“Purebase”) a diversified mineral resource company, headquartered in Ione, California.
Purebase Corporation hosted a team from the California Air Resources Board (CARB) on Tuesday, July 11, 2023. The agency wanted a better understanding of how Purebase Corporation’s planned rollout of its supplementary cementitious material (SCM) could help in CARB’s mission to reduce carbon emissions generated during the production of cement. CARB is tasked with formulating pathways for the cement industry to achieve lower emissions in California as stated in Senate Bill 596 (SB596.)
Scott Dockter, CEO of Purebase, stated: “We were pleased to have CARB on-site to better understand our plan to produce a metakaolin clay that can help reduce GHG emissions from the manufacturing of cement. We understand the challenges ahead but look forward to being a part of the solution.”
About Purebase Corporation
Purebase Corporation (OTCPK:PUBC) is a diversified resource company that acquires, develops, and markets minerals for use in agriculture, construction, and other specialty industries.
Safe Harbor
This press release contains statements, which may constitute “forward-looking statements”. Those statements include statements regarding the intent, belief, or current plans or 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 actual results may differ materially from those contemplated by such forward-looking statements. Risks and other important factors concerning Purebase’s business are described in the Company’s Annual Report on Form 10-K for the year ended November 30, 2022, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to and expressly disclaims any such obligation to update its forward-looking statements, whether as a result of new information, future events, or otherwise.
Investor Contacts
Emily Tirapelle – Purebase Corporation | emily.tirapelle@purebase.com.
by Admin | Jul 5, 2023 | news, Press Release
Phase 1 Calciner Now in Operation
IONE, CA, July 5, 2023 – Purebase Corporation (OTCPK: PUBC), (“Purebase”) a diversified mineral resource company, headquartered in Ione, California.
Purebase Corporation is pleased to announce that its Phase 1 calciner is operational as of Wednesday, July 5th, 2023. The Phase 1 calciner will allow Purebase Corporation to produce its supplementary cementitious material (SCM). The SCM that is being produced will be sent to a lab to ensure that expected performance standards are achieved.
After successful lab testing, Purebase Corporation will be submitting its SCM to the California Department of Transportation (Caltrans) for evaluation and expected inclusion on its Approved Materials List. With Caltrans approval, Purebase Corporation’s SCM could be used on any State of California construction project. Furthermore, many engineers and architects look for the Caltrans approval as a quality assurance verification. Scott Dockter, CEO of Purebase Corporation, stated: “We continue to be ahead of schedule with our Phase 1 calciner project and look forward to Caltrans evaluating our product and getting this on the market.”
About Purebase Corporation
Purebase Corporation (OTCPK:PUBC) is a diversified resource company that acquires, develops, and markets minerals for use in agriculture, construction, and other specialty industries.
Safe Harbor
This press release contains statements, which may constitute “forward-looking statements”. Those statements include statements regarding the intent, belief, or current plans or 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 actual results may differ materially from those contemplated by such forward-looking statements. Risks and other important factors concerning Purebase’s business are described in the Company’s Annual Report on Form 10-K for the year ended November 30, 2022, and other periodic and current reports filed with the Securities and Exchange Commission. The Company is under no obligation to, and expressly disclaims any such obligation to update its forward-looking statements, whether as a result of new information, future events or otherwise.
Investor Contacts
Emily Tirapelle – Purebase Corporation | emily.tirapelle@purebase.com.
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