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...
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 Purepoint Purepoint...
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...
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...
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...
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)...
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,...
2023-11-21 6:30 AM EST
Purepoint Uranium Enters into Option Agreement with Foran Mining Corporation for the Denare West Project
Toronto, Ontario--(Newsfile Corp. - November 20, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (the "Company" or "Purepoint") today announced that it has entered into an option agreement (the "Option Agreement") with a wholly-owned subsidiary of Foran Mining Corporation (TSX: FOM) ("Foran") pursuant to which Purepoint granted options to Foran to acquire up to 100% interest in Purepoint's Denare West Project located in east-central Saskatchewan, approximately 55 kilometres...
2023-11-20 2:00 PM EST
Purepoint Uranium Announces Upcoming Hook Lake Drill Program
Toronto, Ontario--(Newsfile Corp. - November 20, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the approval of the exploration program for the Hook Lake Project for the upcoming winter season. The Hook Lake Project is a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%) and drilling is scheduled to commence in January 2024. The Project lies on the southwestern edge of Canada's...
2023-11-20 6:30 AM EST
Purepoint Uranium Expands Tabbernor Footprint
Toronto, Ontario--(Newsfile Corp. - November 7, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today reported that, following the completion of its recently announced airborne Mobile MagnetoTellurics (MobileMT) survey on the Tabbernor Project, the Company added approximately 8,865 hectares to the property. "The initial data from our recently completed MobileMT survey not only confirmed the Central electromagnetic (EM) conductor but identified a...
2023-11-07 6:30 AM EST
Purepoint Uranium Provides Update on Exploration Activities
Toronto, Ontario--(Newsfile Corp. - October 25, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today provided an update on its current exploration activities and plans for the coming winter season. As the price of uranium continues to rise, Purepoint is placing considerable emphasis on ensuring that it will be able to maximize the 2024 exploration drilling across its considerable portfolio of advanced projects in Canada's Athabasca Basin. "Our...
2023-10-25 6:30 AM EDT
Purepoint Uranium Provides an Update on Its Saskatchewan Exploration Portfolio
Toronto, Ontario--(Newsfile Corp. - June 27, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today published its 2023 Portfolio Handbook providing a comprehensive review of each of its 10 exploration projects in Northern Saskatchewan, Canada. In addition to providing an overview of Saskatchewan's uranium industry, the Handbook provides a detailed description of each of the projects, historic work performed to date, priority targets and next...
2023-06-27 6:30 AM EDT
Purepoint Uranium Issues Stock Options
Toronto, Ontario--(Newsfile Corp. - May 29, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (the "Company" or "Purepoint") today approved the issuance of a total of 8,850,000 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 $0.05 per common share and expire on a date that is five years from the date of grant. About Purepoint Purepoint Uranium...
2023-05-29 6:34 PM EDT
Purepoint Uranium Releases Airborne Gravity Survey Results for Denare West Project, Hanson Lake Area, Eastern Saskatchewan
Toronto, Ontario--(Newsfile Corp. - May 24, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today provided results from an airborne gravity survey across its 100% owned Denare West Volcanogenic Massive Sulphide (VMS) project located approximately 9 kilometres southeast of Foran Mining Corp's McIlvenna Bay Cu-Zn-Au deposit in the Hanson Lake area of eastern Saskatchewan, the largest undeveloped VMS deposit along the prolific Flin Flon Greenstone...
2023-05-24 6:30 AM EDT
Purepoint Uranium Updates Results for Winter Drill Program at Hook Lake Joint Venture
Toronto, Ontario--(Newsfile Corp. - May 8, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the results 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...
2023-05-08 6:30 AM EDT
Purepoint Uranium Releases Airborne Electromagnetic Results for Tabbernor Project
Toronto, Ontario--(Newsfile Corp. - May 2, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today provided results from a helicopter-borne versatile time domain electromagnetic (VTEM) survey across its 100% owned Tabbernor Project that lies on the eastern edge of the Athabasca Basin, Saskatchewan Canada. "Our Tabbernor VTEM survey has provided us with excellent first-pass exploration target areas; strong EM conductors located within structurally...
2023-05-02 6:30 AM EDT
Purepoint Uranium Provides Update on Its Winter Exploration Programs
Toronto, Ontario--(Newsfile Corp. - April 26, 2023) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today provided an update on the recently completed winter uranium exploration programs at its 100% owned Red Willow Project, its 100% owned Tabbernor Project and the Hook Lake Joint Venture all in Northern Saskatchewan, Canada. "We are pleased to report that our winter session this year was both busy and highly productive. In addition to the outstanding...
2023-04-26 6:30 AM EDT
Purepoint Uranium Reports Total Gamma Spikes as High as 8,850 cps as It Completes Winter Drill Program at Hook Lake Joint Venture
Toronto, Ontario--(Newsfile Corp. - March 23, 2023) - 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...
2023-03-23 6:30 AM EDT
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...
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...
2023-01-11 6:30 AM EST