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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]