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 [...]
Purepoint Uranium Group Inc. today reported that, following the completion of its recently announced airborne Mobile MagnetoTellurics 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 conductor but identified a significant EM anomaly continuing to the east beyond our [...]
Purepoint Uranium Group Inc. 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 focus this fall has been to complete all [...]
Purepoint Uranium Group Inc. 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 steps. "Although our regular disclosures [...]
Purepoint Uranium Group Inc. 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 Group Inc. actively operates a uranium [...]
Purepoint Uranium Group Inc. today provided results from an airborne gravity survey across its 100% owned Denare West Volcanogenic Massive Sulphide 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 Belt. The Denare West Project area was [...]
Purepoint Uranium Group Inc. 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 , Orano Canada Inc. , and Purepoint and lies on trend with high-grade uranium discoveries including Fission Uranium's Triple R Deposit and NexGen's Arrow Deposit. "Our latest exploration drill hole on the Carter [...]
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