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Pure Energy Minerals Enters into LOI to Acquire Railroad Valley Lithium Brine Property in Nevada

Vancouver, British Columbia--(Newsfile Corp. - August 24, 2026) - Pure Energy Minerals Limited (TSXV: PE) (OTCQB: PEMIF) ("Pure Energy" or "the Company") is pleased to announce that it has entered into a non-binding letter of intent (the "LOI") dated August 20, 2026, with Ameriwest Critical Metals Inc. (CSE: AWCM) (OTCQB: AWLIF) (FSE: 5HV) ("Ameriwest"). Under the terms of the LOI, Pure Energy will acquire a 100% interest in Ameriwest's Railroad Valley Property (the "Property") located in Nye County, Nevada.

Ameriwest Critical Metals To Sell Its Railroad Valley Property, NV To Pure Energy Minerals

VANCOUVER, BC / ACCESS Newswire / August 24, 2026 / Ameriwest Critical Metals Inc. (CSE:AWCM)(OTCQB:AWLIF)(FSE:5HV) ("Ameriwest" or the "Company") is pleased to announce that the Company has signed a non-binding letter of intent (the "LOI") with Pure Energy Minerals Limited ("Pure Energy") to sell Ameriwest's Railroad Valley Property (the "Property") to Pure Energy. The Property presently consists of 213 unpatented mineral claims located in Nye County, Nevada, and hosts a lithium brine exploration target.