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 | Sep 21, 2023 | Press Release
Purebase Corporation attends the Fall 2023 National Concrete Consortium
IONE, CA, September 21, 2023 – Purebase Corporation (OTCPK: PUBC), (“Purebase”) is a diversified mineral resource company headquartered in Ione, California. Purebase Corporation representatives were recently invited to attend the Fall 2023 National Concrete Consortium in Portland, Oregon on September 12-14. In attendance were state officials from over 20 state DOT’s (Department of Transportation). Also in attendance were representatives from the Federal Highway Administration, universities, the National Ready-Mix Association, and numerous concrete-related producers.
Over the course of three days, Purebase representatives had productive interactions with key DOT officials to better understand how Purebase SCM’s (supplementary cementitious materials) utilizing metakaolin could help DOT’s with their challenges to approve and implement SCM’s into their transportation-related projects. Purebase found what it believes to be growing opportunities for its SCM’s in several western states, including Texas in particular, due to the amount of concrete that State consumes across its expansive transportation system.
A common theme at the Consortium was the challenge of locating reliable and consistent sources of SCM’s for use in major projects. Several attendees discussed concerns about starting projects only to find that SCM supplies, at times, were interrupted and in short supply, which negatively impacted their projects.
Scott Dockter, CEO of Purebase Corporation, stated “at the conclusion of this meeting, we realized that one of our potential strengths over other SCM’s is our vast kaolin resource located here in California. Other SCM’s sometimes are located outside of the country which subjects them to supply-chain interruptions. We feel that being a reliable and consistent U.S.-based supplier of SCM’s may be one of our key advantages over other suppliers.”
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 | Sep 12, 2023 | Newsletters, Press Release
Purebase Corporation welcomes new director, Brady Barto
IONE, CA, September 12, 2023 – Purebase Corporation (OTCPK: PUBC), (“Purebase”) a diversified mineral resource company, headquartered in Ione, California. Effective September 11, 2023, Purebase Corporation welcomes Brady Barto to its Board of Directors who comes from Signal Hill Petroleum where he currently holds the position of Exploration Manager and has been with the company for over eighteen years. Mr. Barto also is a Planning Commissioner for the City of Newport Beach and holds a degree in Business Administration (B.B.A.), Entrepreneurship/Entrepreneurial studies from Chapman University.
Barto’s addition to the Board of Directors demonstrates Purebase Corporation’s desire to have proven leadership to guide the Company forward. Barto stated, “I am excited to join the Board of Directors at Purebase Corporation. The company’s innovative approach to low-carbon cement via metakaolin represents a crucial step in sustainable construction practices. I believe my expertise in exploration and sustainability will complement the Board’s existing skills and contribute to Purebase’s long-term success.”.)
Scott Dockter, Purebase Corporation’s CEO, added “Brady brings a wealth of experience to our organization, and I expect him to make an immediate impact on our operations. As we navigate through the opportunities in front of us, Brady will help us direct the best transactions. He is a great asset for our organization and will help strengthen our Board.”
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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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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