Purepoint Uranium Group Inc.

Purepoint Uranium Group Inc. announced today the closing of its previously announced non-brokered private placement . In connection with the closing, the Company issued 4,607,200 flow-through units at a price of $0.23 per unit for aggregate gross proceeds of $1,059,656. Each Flow-Through Unit consists of one common share in the capital of the Company issued on a "flow through" basis pursuant to the Income Tax Act and [...]

Purepoint Uranium Group Inc. announced that its proposed amendment to its Omnibus Equity Incentive Compensation Plan was approved by the Company's shareholders at its annual and special meeting of shareholders held on May 28, 2025. The amendment increased the number of common shares of the Company reserved for grant of restricted share units and performance share units under the Omnibus Plan from 3,688,894 to 6,426,776 [...]

Purepoint Uranium Group Inc. today reported the completion of its initial drill program at the Smart Lake Joint Venture in Saskatchewan's Athabasca Basin. The first-pass program, which included 1,264 metres of diamond drilling across three holes, was conducted to test newly identified electromagnetic conductors along the Groomes Lake Conductive Corridor. The drill program provided a critical step in defining high-priority [...]

Purepoint Uranium Group Inc. announced a non-brokered private placement of up to 4,347,826 flow-through units at a price of $0.23 per unit for aggregate gross proceeds up to $1,000,000. 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 and one-half of one common share purchase warrant. Each whole warrant entitles its holder to purchase [...]

Purepoint Uranium Group Inc. is pleased to announce that mobilization is underway for the upcoming summer uranium drill program at its Dorado Project, part of the Purepoint-IsoEnergy Joint Venture in Saskatchewan's eastern Athabasca Basin. Drilling is scheduled to commence on or about May 26, 2025. The Dorado Project covers over 150 kilometres of discreet electromagnetic conductors that lie within the Dorado Graphitic [...]

Purepoint Uranium Group Inc. provided its Q2 corporate update on exploration activities across its portfolio of uranium projects in Canada's Athabasca Basin. This exploration update highlights the continued advancement of multiple high-priority targets as Purepoint executes on its 2025 exploration strategy alongside industry-leading joint venture partners. Smart Lake Joint Venture Field crews are currently on site, and [...]

Purepoint Uranium Group Inc. is pleased to announce the commencement of a first-pass drill program along the high-priority Groomes Lake Conductive Corridor at the Smart Lake Joint Venture project in Saskatchewan's Athabasca Basin. The program will include four drill holes, totalling approximately 1,400 metres, to test the conductive belt of rocks refined by the 2024 ground electromagnetic survey. The Smart Lake Project is [...]

Purepoint Uranium Group Inc. today announced initial results of its recently completed airborne FALCON gravity survey across the 81,817-hectare Tabbernor Project, located near the southeastern edge of Saskatchewan's Athabasca Basin. "The results of our FALCON gravity survey have provided a critical next step in refining priority targets at Tabbernor." said Scott Frostad, Vice President Exploration at Purepoint. "We have [...]

Purepoint Uranium Group Inc. is pleased to announce that recent ground electromagnetic surveys at the Smart Lake Joint Venture project have refined high-priority drill targets along the Groomes Lake Conductor with drilling scheduled to begin in mid-March. Smart Lake is a joint venture between Cameco Corporation and Purepoint in the Southwest Athabasca Basin, Saskatchewan, Canada. Highlights A stepwise-moving loop time [...]

Purepoint Uranium Group Inc. today announced the completion of an airborne electromagnetic survey across the Denare West Volcanogenic Massive Sulphide project, approximately 9 kilometres southeast of Foran's McIlvenna Bay Cu-Zn-Au deposit, in the Hanson Lake area of eastern Saskatchewan. Foran Mining Corp. is the operator of the Denare West project under a 2023 Option Agreement with Purepoint. Highlights An airborne [...]