Ameriwest Critical Metals agrees to sell Nevada Railroad Valley lithium brine property to Pure Energy Minerals

Reuters2026/08/24 12:30

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Ameriwest Critical Metals signed a non-binding LOI to sell its Railroad Valley Property in Nevada to Pure Energy Minerals.
Consideration includes 8,000,000 Pure Energy common shares, priced at the lowest level permitted under TSXV policies.
Pure Energy would also grant a 2% net smelter returns royalty covering the claims and a 1-mile area of influence.
The property comprises 213 unpatented mineral claims in Nye County, Nevada, with a lithium brine exploration target.
Parties are targeting a definitive agreement within 30 days, regulatory clearance within 90 days, then transfer within 30 days.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ameriwest Critical Metals Inc. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608240830ACCESSWRNAPR_____1210953) on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ameriwest Critical Metals agrees to sell Nevada Railroad Valley lithium brine property to Pure Energy Minerals

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