Vancouver, British Columbia / TheNewswire / August 2, 2016 – PUF Ventures Inc. (“PUF” or the “Company”) (CSE: PUF) (Frankfurt: HR2P) (OTCPK: PUFXF) is pleased to announce that, in order to capitalize on the recent surging demand for Lithium, it has acquired a 100% interest in certain mineral claims (the “Claims”) located in Quebec, Canada, known as the Lac Saint Simon Lithium Property (the “Property”) pursuant to a mineral property acquisition agreement (the “Agreement”) with Thomas Clarke (the “Vendor”), an individual who is the beneficial owner of the Claims. The Property consists of nine map designated cells totaling approximately 480 hectares and is situated in west central Quebec approximately 2km from the boundary of Nemaska Lithium’s Whabouchi Spodumene Project (“Whabouchi”). According to Nemaska Lithium, Whabouchi is the world’s second richest and second largest lithium deposit. To date, Whabouchi has an estimated 27.3 million tonnes of proven and probable reserves with a grade of 1.53% Li2O. The mine life is projected to be at least 26 years…
Source: PUF Ventures Announces Strategic Entry into Lithium Space and Corporate Update