Purepoint Uranium Group Inc. is pleased to announce that it has entered into an engagement letter agreement with Red Cloud Securities Inc. pursuant to which Red Cloud will act as lead agent and bookrunner to sell up to C$5.0 million in units of the Company at a price of C$0.09 per Unit and flow-through units of the Company at a price of C$0.105 per [...]
Purepoint Uranium Group Inc. today announced that drilling program at Hook Lake has begun. Hook Lake is a joint venture between Cameco Corporation , Orano Canada Inc. , and Purepoint in the Patterson Uranium District, Saskatchewan, Canada. The Hook Lake Project lies on the southwestern edge of Saskatchewan's Athabasca Basin and is adjacent to and [...]
Purepoint Uranium Group Inc. is pleased to announce the closing of its non-brokered private placement previously announced on December 1, 2020. In connection with the closing, the Company issued 30,170,000 flow-through units and 8,338,000 hard-dollar units both at a price of $0.05 per unit for aggregate gross proceeds of $1,925,400. Each [...]
Purepoint Uranium Group Inc. announced today that it has increased the size of offering of its previously announced $1,250,000 Private Placement to $1,925,400. Due to the recent rally in the uranium sector, the Company will not be accepting any further subscriptions. The Company is now offering up to 30,170,000 Flow-Through units and 8,338,000 [...]
Purepoint Uranium Group Inc. announced today that concurrent with its previously announced $1,000,000 Flow-Through Private Placement , it is now also offering up to 5,000,000 common share units on a private placement basis at a price of $0.05 per Unit for aggregate gross proceeds up to $250,000 in order to accommodate increase interest from [...]
Purepoint Uranium Group Inc. announced a non-brokered private placement of up to 20,000,000 flow-through units at a price of $0.05 per unit for aggregate gross proceeds up to $1,000,000.00. Each Flow-Through Unit consists of one common share in the capital of the Company to be issued on a "flow through" basis pursuant to the Income Tax Act and one [...]
Purepoint Uranium Group Inc. today announced that the upcoming winter exploration program at Hook Lake, , has now been approved by the JV partners. Hook Lake is a joint venture between Cameco Corporation , Orano Canada Inc. , and Purepoint in the Patterson Uranium District, Saskatchewan, Canada. The Hook Lake Project lies on the southwestern edge [...]
Purepoint Uranium Group Inc. announces that further to the Company's press release dated October 22, 2020 announcing the first tranche closing of the non-brokered private placement initially announced on October 13, 2020 , the Company has concluded the Private Placement and will not be accepting subscriptions for additional tranches at this time [...]
Purepoint Uranium Group Inc. closes its first tranche of its non-brokered private placement previously announced on October 13, 2020. The Private Placement was subscribed for aggregate gross proceeds of $275,000. In connection with the Private Placement, the Company issued 5,500,000 units at a price of $0.05 per Unit. Each Unit consists of one [...]
Purepoint Uranium Group Inc. announced a non-brokered private placement of up to 10,000,000 Units at a price of $0.05 per Unit for aggregate gross proceeds of up to $500,000. Each Unit consists of one common share in the capital of the Company and one common share purchase warrant. Each warrant entitles its holder to purchase one common share in [...]
Purepoint Uranium Group Inc. today provided an update of its plans for the next exploration program at the Company's Hook Lake Project. A preliminary technical meeting of the Hook Lake Joint Venture Partners was held last week to discuss options for the upcoming drill season, focusing primarily on the Sabre Zone. Hook Lake is a joint venture [...]
Purepoint Uranium Group Inc. announced results of its Annual General Meeting held in Toronto, ON, on July 14, 2020, and provided an update on its corporate activities. At the AGM, shareholders voted in favor of all matters of business. These matters included the elections of Allan Beach, Borys Chabursky, Chris Frostad and Scott Frostad as [...]