Purepoint Uranium Group Inc. announces a non-brokered private placement of up to 28,571,429 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 and one-half of one common share purchase warrant. Each whole warrant entitles its holder to [...]
Purepoint Uranium Group Inc. 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 , 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 [...]
Purepoint Uranium Group Inc. announces that the Company has received approval from the TSX Venture Exchange of its previously announced extension of the expiry date of a total of 35,838,000 outstanding common share purchase 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 December 17, 2020. About Purepoint [...]
Purepoint Uranium Group Inc. announces that the Company intends to apply to the TSX Venture Exchange to extend the expiry date of a total of 35,838,000 outstanding common share purchase 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 . Each Warrant entitles the holder to acquire one common share in [...]
Purepoint Uranium Group Inc. 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 conductor. "We are now following up on assays [...]
Purepoint Uranium Group Inc. 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 inclusion in our 2023 drill programs," said Scott [...]
Purepoint Uranium Group Inc. has announced that it has obtained a final receipt for the final 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 receipts or any combination thereof for aggregate gross [...]
Purepoint Uranium Group Inc. 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 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 programs have focused on the [...]
Purepoint Uranium Group Inc. today announced the commencement of a deep sensing Z-Axis Tipper Electromagnetic airborne survey over the northern portion of the Carter Corridor at the Hook Lake Joint Venture; a joint venture between Cameco Corporation , Orano Canada Inc. , and Purepoint . The Hook Lake Project lies on the southwestern edge of Saskatchewan's Athabasca Basin in the Patterson Uranium District, Saskatchewan [...]
Purepoint Uranium Group Inc. is pleased to announce that its proposed adoption of a new omnibus equity incentive compensation plan was approved by the Company's shareholders at its annual and special meeting of shareholders held on June 29, 2022 . The Omnibus Plan replaced the Company's existing stock option plan and includes a 10% "rolling" option plan permitting a maximum of 10% of the issued and outstanding common [...]
Purepoint Uranium Group Inc. 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 airborne gravity survey results will [...]
Purepoint Uranium Group Inc. 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 targets and nearby uranium deposition [...]
