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PureBase ( (PUBC) ) has issued an announcement.
On June 18, 2025, Purebase Corporation entered into a Master Agreement with US Mine Corp and related entities, resulting in the cancellation of previous mining rights and stock options agreements. Additionally, Purebase received a six-month option to purchase mining equipment and executed a rescission agreement for the purchase of mining property. Concurrently, Purebase’s CEO, Arthur Scott Dockter, and his spouse agreed to purchase shares of Purebase stock from US Mine Corp, while resigning from their positions within the US Mine Entities. On June 16, 2025, Purebase received conversion notices from US Mine Corp, converting loan amounts into shares of Purebase’s common stock, thereby canceling the debt obligations.
More about PureBase
Purebase Corporation operates in the mining industry, focusing on the extraction and sale of supplementary cementitious materials, such as metakaolin, from properties in California and Nevada.
Average Trading Volume: 32,126
Technical Sentiment Signal: Sell
Current Market Cap: $17.56M
For an in-depth examination of PUBC stock, go to TipRanks’ Overview page.