Purepoint Uranium Group Inc. today initiated an airborne Mobile Magnetotellurics 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 [...]
Purepoint Uranium Group Inc. announced today drilling has commenced at the Hook Lake Project. The Hook Lake Project is a joint venture between Cameco Corporation , Orano Canada Inc. , and Purepoint . 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 Deposit. "We are well [...]
Purepoint Uranium Group Inc. 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 [...]
Purepoint Uranium Group Inc. 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 Uranium Group Inc. actively operates a [...]
Purepoint Uranium Group Inc. announced today the closing of its previously announced non-brokered private placement . In connection with the closing, the Company issued 76,190,477 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 through" basis pursuant to the Income Tax Act and [...]
Purepoint Uranium Group Inc. 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 . Up to 76,190,477 flow-through 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 to be issued on a "flow [...]
Purepoint Uranium Group Inc. is pleased to announce the closing of its previously announced non-brokered private placement of common share units to Foran Mining Corporation . 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 one common share of Purepoint and one common share purchase warrant exercisable at a [...]
Purepoint Uranium Group Inc. announced a non-brokered private placement of up to 47,619,048 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 and one common share purchase warrant. Each warrant entitles its holder to purchase one common [...]
Purepoint Uranium Group Inc. announced today the approval of the 2024 exploration program for the Smart Lake JV Project that is jointly owned by Cameco Corporation and Purepoint . 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 exploration program is [...]
Purepoint Uranium Group Inc. today announced that it has entered into an option agreement with a wholly-owned subsidiary of Foran Mining Corporation 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 west-southwest of Flin Flon, Manitoba . The Property is adjacent to and on trend with [...]
VANCOUVER, BC, Nov. 20, 2023 /CNW/ - The following issues have been halted by CIRO Company: Purepoint Uranium Group Inc. TSX-Venture Symbol: PTU All Issues: Yes Reason: Pending News Halt Time : 12:43 PM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]
Purepoint Uranium Group Inc. 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 , Orano Canada Inc. , and Purepoint and drilling is scheduled to commence in January 2024. The Project lies on the southwestern edge of Canada's Athabasca Basin, Canada and is adjacent to, and on trend with [...]
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