Purepoint Uranium Group Inc.

Purepoint Uranium Group Inc. actively operates an exploration pipeline of advanced projects in Canadas Athabasca Basin, the worlds richest uranium region.

Recent News

Purepoint Uranium Discovers New Lightning Zone Grading 0.29% U3O8 over 0.9 Metres as It Completes 2024 Winter Drill Program at Hook Lake Joint Venture
Toronto, Ontario--(Newsfile Corp. - April 4, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the completion of its winter drill program at the Hook Lake Joint Venture at the Carter Corridor. 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."This year's drill program ended...
2024-04-04 6:30 AM EDT
Purepoint Uranium Initiates Airborne Magnetotellurics at Russell South and Outlines Upcoming Announcements
Toronto, Ontario--(Newsfile Corp. - March 21, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today initiated an airborne Mobile Magnetotellurics ("MobileMT") survey, including total field magnetic and VLF, at their Russell South Uranium Project which lies on the south-eastern edge of the Athabasca Basin, Saskatchewan Canada."Russell South is 20 kms east-northeast of Cameco's Key Lake mine and adjoins prominent uranium projects including Rio Tinto's Russell Lake property and Skyharbour Resources Inc's Moore Lake project"...
2024-03-21 6:30 AM EDT
Purepoint Uranium Starts Hook Lake Drill Program
Toronto, Ontario--(Newsfile Corp. - February 7, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today drilling has commenced at the Hook Lake Project. 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 adjacent to, and on trend with, high-grade uranium discoveries including Fission Uranium's Triple R Deposit and NexGen's Arrow...
2024-02-07 6:30 AM EST
Purepoint Uranium Outlines 2024 Exploration Plans
Toronto, Ontario--(Newsfile Corp. - January 23, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today its exploration plans for 2024 with field programs at its two joint ventures and four of its 100% owned projects. All six projects reside in Canada's Athabasca Basin, the world's richest uranium district."The recent news of production shortfalls out of Kazakhstan has highlighted the long-term challenges in the nuclear fuel pipeline and truly ignited substantial attention towards those...
2024-01-23 6:30 AM EST
Purepoint Uranium Issues Stock Options
Toronto, Ontario--(Newsfile Corp. - December 18, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (the "Company" or "Purepoint") today approved the issuance of a total of 10,500,000 options to its Board of Directors, management and certain staff members pursuant to the Company's Omnibus Equity Incentive Compensation Plan. The options are exercisable at a price of $0.055 per common share and expire on a date that is five years from the date of grant.About PurepointPurepoint Uranium Group...
2023-12-18 8:00 PM EST
Purepoint Uranium Group Inc. Closes $4,000,000 Private Placement
Toronto, Ontario--(Newsfile Corp. - December 13, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the closing of its previously announced non-brokered private placement (the "Private Placement"). In connection with the closing, the Company issued 76,190,477 flow-through units ("Flow-Through Units") at a price of $0.0525 per unit for aggregate gross proceeds of $4,000,000. Each Flow-Through Unit consists of one common share in the capital of the Company issued on a "flow...
2023-12-13 3:59 PM EST
Purepoint Uranium Upsizes Flow-Through Private Placement
Toronto, Ontario--(Newsfile Corp. - December 6, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced that due to strong investor demand, it has increased the offering size of the non-brokered private placement previously announced on November 27, 2023 from $2,500,000 to $4,000,000 (the "Offering"). Up to 76,190,477 flow-through units ("Units") at a price of $0.0525 per Unit are issuable pursuant to the Offering. Each Flow-Through Unit consists of one common share of the Company...
2023-12-06 6:30 AM EST
Purepoint Uranium Group Inc. Closes Private Placement with Foran Mining Corporation
Toronto, Ontario--(Newsfile Corp. - December 4, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce the closing of its previously announced non-brokered private placement (the "Private Placement") of common share units (each, a "Unit") to Foran Mining Corporation (TSX: FOM) ("Foran"). In connection with the closing, the Company issued 7,000,000 Units at a price of $0.05 per unit for aggregate gross proceeds of $350,000. Each Unit is comprised of...
2023-12-04 10:29 AM EST
Purepoint Uranium Announces Private Placement
Toronto, Ontario--(Newsfile Corp. - November 27, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced a non-brokered private placement (the "Offering") of up to 47,619,048 flow-through units (the "Flow-Through Units") at a price of $0.0525 per unit for aggregate gross proceeds up to $2,500,000. 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...
2023-11-27 6:30 AM EST
Purepoint Uranium Announces Winter Program at Smart Lake JV Project
Toronto, Ontario--(Newsfile Corp. - November 21, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the approval of the 2024 exploration program for the Smart Lake JV Project that is jointly owned by Cameco Corporation (73%) and Purepoint (27%). The Smart Lake Project is located approximately 18 km west-northwest of the Hook Lake Project and 60 km south-southwest of Orano's former Cluff Lake mine within the western Athabasca Basin, Saskatchewan, Canada. The 2024...
2023-11-21 6:30 AM EST

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