Purepoint Uranium Group Inc. Provides Updates to Increased Market Activity

Toronto, Ontario--(Newsfile Corp. - November 9, 2016) - Purepoint Uranium Group Inc. (TSXV: PTU) (the "Company" or "Purepoint") is issuing this press release in response to recent increase in market activity. The Company wishes to confirm that management is unaware of any material change in the Company's operations that would account for such increase in market activity.

Management is watching the trading activities closely and will provide further updates as circumstances warrant.

About Purepoint

Purepoint Uranium Group Inc. is focused on the precision exploration of its seven projects in the Canadian Athabasca Basin. Purepoint proudly maintains project ventures in the Basin with two of the largest uranium producers in the world, Cameco Corporation and AREVA Resources Canada Inc. Established in the Athabasca Basin well before the initial resurgence in uranium earlier last decade, Purepoint is actively advancing a large portfolio of multiple drill targets in the world's richest uranium region.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS DEFINED IN THE POLICIES OF TSX VENTURE EXCHANGE) HAS REVIEWED OR ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

For further information please contact:
Purepoint Uranium Group Inc.
Chris Frostad, President and CEO
(416) 603-8368
www.purepoint.ca