Purepoint Uranium Group Inc.

Purepoint Uranium Group Inc. actively operates an exploration pipeline of advanced projects in Canada’s Athabasca Basin, the world’s richest uranium region.

Recent News

  • Purepoint Uranium Begins Drill Program at Red Willow

    Toronto, Ontario--(Newsfile Corp. - January 18, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the commencement of drilling at its 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan, Canada. "At our Osprey Zone and the nearby Radon Lake Zone, we are continuing to follow-up on significant uranium signatures identified across much greater strike length than we typically see elsewhere," said Chris Frostad, President and CEO...

    2023-01-18 6:30 AM EST
  • Purepoint Uranium Begins Winter Drill Program at Hook Lake Joint Venture

    Toronto, Ontario--(Newsfile Corp. - January 11, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today that drilling has commenced at the Hook Lake Joint Venture located on the southwestern edge of Canada's Athabasca Basin. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) and lies on trend with high-grade uranium discoveries including Fission Uranium's Triple R Deposit and NexGen's Arrow Deposit."Our drill program...

    2023-01-11 6:30 AM EST
  • Purepoint Uranium Completes Fall 2022 Drill Program at Red Willow and Turnor Lake Projects

    Toronto, Ontario--(Newsfile Corp. - December 22, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the completion of the Fall 2022 drill program at the 100%-owned Red Willow and Turnor Lake projects within the eastern uranium mine district of the Athabasca Basin, Saskatchewan, Canada. A total of 6 drill holes were completed on these two projects and one hole was lost for a total of 2,080 metres."To date, the Red Willow drilling...

    2022-12-22 6:30 AM EST
  • Purepoint Uranium Group Inc. Closes Its Private Placement

    Toronto, Ontario--(Newsfile Corp. - December 9, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today announced the closing of its previously announced non-brokered private placement (the "Private Placement"). In connection with the closing, the Company issued 48,642,857 flow-through units ("Flow-Through Units") at a price of $0.07 per unit for aggregate gross proceeds of $3,405,000. Each Flow-Through Unit consists of one common share in the capital of the Company issued on a "flow...

    2022-12-09 6:30 AM EST
  • Purepoint Uranium Announces Increase in Offering Size for Non-Brokered Private Placement

    Toronto, Ontario--(Newsfile Corp. - November 25, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce that due to strong investor demand, it has increased the offering size of the non-brokered private placement previously announced on November 23, 2022 from $2,000,000 to $3,750,000 (the "Offering"). Up to 53,571,429 flow-through units ("Units") at a price of $0.07 per Unit are issuable pursuant to the Offering. Each Flow-Through Unit consists of one common share...

    2022-11-25 4:01 PM EST
  • Purepoint Uranium Announces Private Placement

    Toronto, Ontario--(Newsfile Corp. - November 23, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announces a non-brokered private placement (the "Offering") of up to 28,571,429 flow-through units (the "Flow-Through Units") at a price of $0.07 per unit for aggregate gross proceeds up to $2,000,000.03. Each Flow-Through Unit consists of one common share of the Company to be issued on a "flow through" basis pursuant to the Income Tax Act (Canada) (each a "Flow-Through...

    2022-11-23 12:13 PM EST
  • Purepoint Uranium Announces Approval of Upcoming Hook Lake Drill Program

    Toronto, Ontario--(Newsfile Corp. - November 22, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today that a winter exploration drill program at the Hook Lake Project has been approved by the joint venture partners with drilling to commence in January 2023. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%). The Project lies on the southwestern edge of Canada's Athabasca Basin and is...

    2022-11-22 6:30 AM EST
  • Purepoint Uranium Group Announces TSXV Approval of Warrant Extension

    Toronto, Ontario--(Newsfile Corp. - October 31, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") announces that the Company has received approval from the TSX Venture Exchange (the "Exchange") of its previously announced extension of the expiry date of a total of 35,838,000 outstanding common share purchase warrants ("Warrants") by six months to June 17, 2023. The Warrants were issued by the Company in connection with a private placement which was completed on December 17, 2020.About...

    2022-10-31 3:01 PM EDT