On February 21, 2017, Purebase Corporation, a Nevada corporation, (the “Company”) was served with a Complaint, which was filed in the Amador County Superior Court by its former financial consultant’s Monarch Bay Securities, LLC, now known as Boustead Securities, LLC. The Complaint raises two causes of action. The first is for breach of a written agreement entered between the two companies, and the second is for breach of an oral agreement entered between the two companies. The Company is in the early stage of reviewing the Complaint and determining what its options are.

About PUREBASE CORPORATION (OTCMKTS:PUBC)

PureBase Corporation is a diversified, industrial mineral and natural resource company. The Company provides solutions to a range of markets, including the cornerstone markets of agriculture and construction. Through its subsidiary, Purebase Agricultural, Inc. (Purebase Ag), it intends to identify, acquire, define, develop and operate industrial and natural resource properties, and to provide mine development and operations services to mining properties located in the Western United States, and in California and Nevada. Within the Agricultural Sector, it intends to provide soil amendment solutions that may be used by both farming operations and consumer retail, domestically in the United States and internationally. Within the Construction Sector, operating through Purebase Build, it intends to develop and market a Supplementary Cementitious Material, a solution that may be used in infrastructure development projects for government, commercial industries and residential buildings.

PUREBASE CORPORATION (OTCMKTS:PUBC) Recent Trading Information

PUREBASE CORPORATION (OTCMKTS:PUBC) closed its last trading session 00.000 at 0.150 with shares trading hands.