Purebase settles lawsuit; receives 8.67M shares from Gauer, grants option to repurchase at $2.50

Purebase Corp

Settlement with Agregen, Hurtado, Gauer, Gingerich resolves Nevada lawsuit CV19-00097.
Gauer surrenders 8,669,400 shares to Purebase as part of settlement.
Gauer receives immediately exercisable five-year option to repurchase 8,669,400 shares at $2.50 per share.
Lawsuit dismissed with prejudice; each party bears own attorneys' fees and costs.
Option shares are unregistered and subject to resale restrictions under securities laws.

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