Pure Energy Minerals Posts Wider Full-Year Loss as Revenue Falls 50%

Pure Energy Minerals Ltd (PE.V) reported a full-year loss of C$22.36 million, or C$0.66 per share, compared with a loss of C$0.251 million, or C$0.01 per share, a year earlier. Revenue for the period fell 50.4% to C$0.277 million from C$0.558 million last year, the company said. The results are reported on a GAAP basis.