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 has...
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...
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...
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)...
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...
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...
2022-10-31 3:01 PM EDT
Purepoint Uranium Group Announces Intention to Extend Warrant Term
Toronto, Ontario--(Newsfile Corp. - October 26, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") announces that the Company intends to apply to the TSX Venture Exchange (the "Exchange") to extend the expiry date of a total of 35,838,000 outstanding common share purchase warrants ("Warrants") issued by the Company in connection with a private placement of flow-through units and common share units of the Company which was completed on December 17, 2020 (the...
2022-10-26 11:07 AM EDT
Purepoint Uranium Prepares for Follow-Up Drill Program at Red Willow Project
Toronto, Ontario--(Newsfile Corp. - September 20, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the commencement of mobilization efforts at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. This past winter's drilling intersected uranium mineralization along 1.2 kilometres of strike length associated with the northern area of the Osprey Zone electromagnetic...
2022-09-20 6:30 AM EDT
Purepoint Uranium Defines Eight Drill Targets at 100% Owned Carson Lake and Russell South Projects
Toronto, Ontario--(Newsfile Corp. - September 14, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today released the interpreted results of its summer airborne gravity/magnetic survey over their 100% owned Carson Lake and Russell South Uranium Projects which lie on the eastern edge of the Athabasca Basin, Saskatchewan Canada. "We are excited to add these new prospects to our pipeline of drill-ready projects and will be evaluating them for...
2022-09-14 6:30 AM EDT
Purepoint Uranium Group Inc. Obtains Receipt for Final Base Shelf Prospectus
Toronto, Ontario--(Newsfile Corp. - August 30, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") has announced that it has obtained a final receipt for the final base shelf prospectus (the "Base Shelf Prospectus") it filed with the securities regulatory authorities in each of the provinces and territories of Canada. The Base Shelf Prospectus allows the Company to qualify the distribution by way of prospectus of common shares, warrants, units and subscription...
2022-08-30 8:16 AM EDT
Purepoint Uranium Provides Update on Summer Exploration Programs
Toronto, Ontario--(Newsfile Corp. - August 16, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") today provided an update on the broad array of geophysical programs underway this summer. This week the company commenced a helicopter-borne versatile time domain electromagnetic (VTEM) survey across four of its projects, collectively referred to as the Tabbernor Block, all of which lie on the eastern edge of the Athabasca Basin, Saskatchewan Canada. "Our summer...
2022-08-16 6:30 AM EDT
Purepoint Uranium Initiates ZTEM Survey at Hook Lake Joint Venture
Toronto, Ontario--(Newsfile Corp. - July 12, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today announced the commencement of a deep sensing Z-Axis Tipper Electromagnetic (ZTEM) airborne survey over the northern portion of the Carter Corridor at the Hook Lake Joint Venture; a joint venture between Cameco Corporation (39.5%), Orano Canada Inc. (39.5%), and Purepoint (21%). The Hook Lake Project lies on the southwestern edge of Saskatchewan's...
2022-07-12 6:30 AM EDT
Purepoint Uranium Group Inc. Announces Adoption of Omnibus Incentive Plan
Toronto, Ontario--(Newsfile Corp. - June 30, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") is pleased to announce that its proposed adoption of a new omnibus equity incentive compensation plan (the "Omnibus Plan") was approved by the Company's shareholders at its annual and special meeting of shareholders held on June 29, 2022 (the "Meeting"). The Omnibus Plan replaced the Company's existing stock option plan and includes a 10% "rolling" option plan...
2022-06-30 8:55 AM EDT
Purepoint Uranium Initiates Program at 100% Owned Carson Lake Project
Toronto, Ontario--(Newsfile Corp. - June 28, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today announced the commencement of an airborne gravity/magnetic survey over their 100% owned Carson Lake Uranium Project which lies on the north-eastern edge of the Athabasca Basin, Saskatchewan, Canada. The Carson Lake project covers the northeast extension of a major conductive trend that is also present on Purepoint's Red Willow project. The current...
2022-06-28 6:30 AM EDT
Purepoint Uranium Initiates Program at 100% Owned Russell South Project
Toronto, Ontario--(Newsfile Corp. - June 9, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today announced the commencement of an airborne gravity/magnetic survey over their Russell South Uranium Project which lies on the south-central edge of the Athabasca Basin, Saskatchewan Canada. "The Russell Lake project is within a favourable geologic area since it's close to the southern edge of the Athabasca Basin that has relatively shallow drill...
2022-06-09 6:30 AM EDT
Purepoint Uranium Outlines Upcoming Exploration Session
Toronto, Ontario--(Newsfile Corp. - May 16, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today outlined their remaining 2022 exploration plans for the Hook Lake Joint Venture and eight of their 100% owned projects in the Athabasca Basin, Saskatchewan Canada. These plans include follow-up drilling at the Company's Red Willow project where this winter's program outlined an astounding 1.2 kilometres of continuous elevated radioactivity (see news...
2022-05-16 6:30 AM EDT
Purepoint Uranium Discovers 1.2 Kilometres of Continuous Radioactivity North of the Osprey Zone at Its Red Willow Project
Toronto, Ontario--(Newsfile Corp. - April 19, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the completion of its winter drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. The winter drilling has defined a continuous corridor of elevated radioactivity associated with the Osprey Zone electromagnetic (EM) conductor. "Spanning over a one-kilometre...
2022-04-19 6:30 AM EDT
Purepoint Uranium Group Inc. Closes Its Fully Subscribed Private Placement for Gross Proceeds of C$3.5 Million
Toronto, Ontario--(Newsfile Corp. - April 14, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) ("Purepoint" or the "Company") has announced the closing of its brokered private placement (the "Private Placement") previously announced on March 14, 2022, with Red Cloud Securities Inc. ("Red Cloud") pursuant to which Red Cloud acted as lead agent and sole bookrunner. In connection with the closing, the Company issued 25,001,000 flow-through units ("FT Units") at a price of C$0.14 per FT Unit for...
2022-04-14 9:19 AM EDT
Purepoint Uranium Announces Brokered Flow-Though Private Placement of up to C$2.5 Million
Toronto, Ontario--(Newsfile Corp. - March 14, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") has entered into an engagement agreement (the "Engagement Agreement") with Red Cloud Securities Inc. ("Red Cloud") pursuant to which Red Cloud will act as lead agent and bookrunner to sell up to 17,858,000 flow-through units of the company ("FT Units") at a price of C$0.14 per FT Unit (the "Offering Price") on a fully marketed, private placement basis...
2022-03-14 6:30 AM EDT
Purepoint Uranium Receives DTC Eligibility
Toronto, Ontario--(Newsfile Corp. - March 9, 2022) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today that its common shares are now eligible for settlements through the Depository Trust Company ("DTC"), a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly-traded companies in the United States. "This eligibility will simplify the electronic settlement for US based investors...
2022-03-09 10:22 AM EST