PURE MINERALS LIMITED(PM1)

name changed to Queensland Pacific Metals Limited

The suspension of trading in the securities of Pure Minerals Limited will be lifted from the commencement of trading on Monday, 4 May 2020, following the release by PM1 of an announcement regarding an update on financing and a capital raising.

The company releases a notice of proposed issue of securities - PM1.

Metamor Capital Partners to provide R&D Loan Facility of up to AUD 587k. Firm commitment received for capital raising of AUD 320k from a single investor. Strengthens PM1's balance sheet and allows ongoing advancement of TECH Project.

The securities of Pure Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of PM1, pending the release of an announcement regarding an update on financing and capital raising.

The suspension of trading in the securities of Pure Minerals Limited will be lifted immediately, following the release by PM1 of an announcement regarding a pre-feasibility study.

Positive Pre-Feasibility Study supports the proposed Townsville Energy Chemicals Hub as a technically sound and economically robust venture. Production targets based off initial ore supply and plant design to produce primary products of 26,398 tpa nickel sulphate and 3,097 tpa cobalt sulphate, respectively. Key financial metrics include: Unit cost (net of co-products and sulphate premium) of USD 0.56/lb nickel; Annual revenue of AUD 279M and EBITDA of AUD 124M per annum; Pre-tax NPV of AUD 880M and IRR of 25.7%; Post-tax NPV of AUD 568M and IRR of 20.1%; and Pre-production capital of costs of USD 300M + USD 49M contingency (AUD 441M + AUD 72M). PFS completed by lead engineering company Lycopodium and other reputable consultants. PFS demonstrates the suitability and benefits of the DNi ProcessTM as an alternative and more environmentally friendly process, compared with traditional HPAL. Additional opportunities for further project improvement and optimisation have been identified, including DNi ProcessTM enhancement and production of high purity alumina. Positive results provide confidence to proceed with next steps of project development.

The securities of Pure Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of PM1, pending the release of an announcement regarding a prefeasibility study.

The suspension of trading in the securities of Pure Minerals Limited will be lifted immediately, following the release by PM1 of an announcement.

The company releases a presentation regarding the acquisition of Queensland Pacific Metals Pty Ltd.

Pure Minerals Limited has entered into a binding option agreement to acquire 100% of the issued capital of Queensland Pacific Metals Pty Ltd. QPM has secured a binding ore supply agreement to purchase high grade nickel-cobalt ore from two established, producing New Caledonian mining companies and also holds prospective nickel-cobalt exploration ground in the Marlborough region of Queensland. QPM has an ongoing working relationship with the Queensland State Development Authority and plans to undertake a feasibility study in respect of the development of a modern processing plant in Townsville, a location well supported by existing infrastructure, skilled labour and decades of experience in handling and processing imported and domestic Ni-Co ore.

The securities of Pure Minerals Limited will be suspended from quotation immediately under Listing Rule 17.2, at the request of PM1, pending the release of an announcement regarding a proposed acquisition.

Pure Minerals Limited will be reinstated to Official Quotation from the commencement of trading on Friday, 4 August 2017, following the Company's re-compliance with Chapters 1 and 2 of the ASX Listing Rules pursuant to Listing Rule 11.1.3.

The company completed the transactions to acquire 100% of the issued capital of Pure Manganese and 80% of Mineral Developments. In addition, the company has raised $4,500,000 under the public offer pursuant to the prospectus dated 4 May 2017 and supplementary prospectus dated 22 June 2017.

The company releases a supplementary prospectus intended to be read with the prospectus dated 4 May 2017.

Pure Minerals Limited announces that, following feedback from investors during recent roadshow presentations, it has negotiated changes to enhance the offer for incoming investors. The Company anticipates it will lodge a supplementary or replacement prospectus with ASIC by 22 June 2017 confirming the changes. As a result of the changes, the Company advises that it will be extending the closing date for acceptance of applications for its Public Offer of 225,000,000 shares. The closing date is now 5:00pm (AEST) on 18 July 2017.

name changed from Eagle Nickel Limited