Purecore Metals Inc. Commences Trading on Canadian Securities Exchange Under Ticker PURE

Purecore Metals Enters Public Markets with Canadian Securities Exchange Listing

Purecore Metals Inc. announced its common shares will begin trading on the Canadian Securities Exchange under the ticker "PURE" on May 15, 2026. This listing marks a key development for the mineral exploration company, offering public investors access to its critical minerals growth strategy.

The listing was achieved through a prospectus qualification process that automatically converted 2,296,800 special warrants into common shares without raising additional capital or requiring further payment from warrant holders. Following this conversion, Purecore has 13,605,047 common shares outstanding at the time of listing.

Strategic Focus on Critical Minerals for Energy, Technology, and Defence Sectors

Purecore Metals positions itself as a mineral exploration company dedicated to advancing materials vital to modern energy infrastructure and emerging technologies. Its critical minerals portfolio aligns with long-term demand trends in energy, technology, and defence sectors. The company targets high-impact exploration opportunities with disciplined execution.

Purecore’s strategy prioritizes properties in premier jurisdictions offering favorable geological conditions, infrastructure, and regulatory environments. Its initial land position is in British Columbia, recognized globally as a top mining jurisdiction. This focus reflects structural demand drivers such as electrification, AI infrastructure, clean energy, and defence modernization, all fueling increased global critical minerals demand.

Details on Prospectus and Share Capital Conversion

The listing was facilitated by converting previously issued special warrants into freely tradable common shares through a prospectus qualification. The company’s final prospectus is filed and accessible on SEDAR+ at www.sedarplus.ca and on the CSE website at www.thecse.com. Investors can request electronic or paper copies free of charge by contacting [email protected].

No additional funds were raised during the prospectus process. The automatic exercise of 2,296,800 special warrants resulted in common shares issuance without further payment or action required from warrant holders, transitioning them into equity shareholders before public trading commenced.

Equity Incentive Grants to Directors, Management, and Consultants

Alongside the listing, Purecore granted 700,000 stock options and 1,500,000 restricted share units to directors, management, and consultants under its 2026 Omnibus Equity Incentive Compensation Plan.

Stock options are exercisable at $0.25 per share, vest fully four months after grant, and expire three years from grant date. These equity awards align management and board incentives with shareholder interests through equity participation, consistent with typical public company compensation practices.

CEO Peter Berdusco Highlights Listing as Growth Catalyst

Peter Berdusco, President and CEO of Purecore, described the listing as a pivotal milestone marking a new growth phase. He emphasized the company’s goal to establish a premier exploration firm focused on strategic materials essential to global infrastructure, electrification, advanced technologies, and supply security.

Berdusco stated the public listing will enhance visibility, broaden the shareholder base, and create long-term value as Purecore advances its corporate and exploration objectives, reflecting a growth-oriented outlook post-listing.

Market Environment: Rising Demand for Critical Minerals and Junior Exploration

Purecore’s listing occurs amid increasing global demand for critical minerals driven by electrification, AI infrastructure, clean energy, and defence modernization. These converging trends challenge current supply chains to meet demand.

The announcement positions junior exploration companies with quality assets and jurisdictions as well-placed to attract market attention in the search for new mineral supply. Purecore’s timing aligns with this critical moment in the critical minerals market, favoring exploration companies focused on these resources.

British Columbia Land Holdings and Jurisdictional Strategy

Purecore’s initial land position in British Columbia serves as the foundation of its exploration portfolio. The company recognizes British Columbia as a premier mining jurisdiction, supported by a robust regulatory framework, mining infrastructure, and geological potential.

This jurisdictional focus reflects a disciplined approach prioritizing locations with favorable geology, infrastructure, and regulation to enable efficient and responsible exploration, supporting long-term value creation.

Public Market Access Supports Acquisition and Exploration Growth Strategy

The CSE listing provides Purecore access to public capital markets to pursue an acquisition and exploration-driven growth strategy. As a public entity, Purecore gains access to financing opportunities, increased visibility for partnerships, and a publicly traded currency to facilitate acquisitions.

The listing supports both organic exploration on existing properties and acquisition opportunities to expand its critical minerals portfolio, positioning Purecore for rapid growth amid strong demand for junior explorers with quality assets.

Forward-Looking Statements and Risk Factors

The announcement includes standard cautionary language regarding forward-looking statements under Canadian securities laws. Statements about trading commencement, portfolio building, and strategic goals are based on management’s current expectations and assumptions.

These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including commodity price fluctuations, exploration outcomes, capital availability, and market conditions. The company disclaims any obligation to update forward-looking information except as required by law, reflecting inherent risks in mineral exploration and development.