PUF Ventures Inc. (CNSX:PUF) has commenced discussions with a publicly traded natural resource company regarding a potential sale of its wholly-owned lithium asset, the Lac Saint Simon Property located in northern Quebec. The preliminary discussions are under way and no terms for a transaction have been agreed to as of yet. A technical review of the Property is ongoing and management will provide updates as discussions progress. The potential strategic disposition of the property will repatriate value for the Company's shareholders and will also streamline operational focus, positioning the Company as a pure-play Bio Medical Cannabis company. Derek Ivany, President and Chief Executive Officer of PUF Ventures, said, "We are pleased that we have received interest in our Lithium asset and believe the timing is opportune to divest of the project to the benefit of all our shareholders. If we are able to come to terms that are beneficial to our shareholders we will dispose of the asset and focus exclusively on preparation for the final phases of the ACMPR licensing process with Health Canada."