Purepoint Uranium Group Inc. Closes $1 Million Private Placement
Toronto, Ontario--(Newsfile Corp. - June 18, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the closing of its previously announced non-brokered private placement (the "Private Placement"). In connection with the closing, the Company issued 4,607,200 flow-through units ("Flow-Through Units") at a price of $0.23 per unit for aggregate gross proceeds of $1,059,656. Each Flow-Through Unit consists of one common share in the capital of the Company issued on a "flow through"...
2025-06-18 3:22 PM EDT
Purepoint Announces Amendment of Omnibus Equity Incentive Compensation Plan
Toronto, Ontario--(Newsfile Corp. - May 28, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) (the "Company") announced that its proposed amendment to its Omnibus Equity Incentive Compensation Plan (the "Omnibus Plan") was approved by the Company's shareholders at its annual and special meeting of shareholders held on May 28, 2025. The amendment increased the number of common shares of the Company reserved for grant of restricted share units ("RSUs") and performance share units ("PSUs") under the Omnibus...
2025-05-28 4:35 PM EDT
Purepoint Completes Initial Drill Program Along Groomes Lake Conductive Corridor at Smart Lake JV
Toronto, Ontario--(Newsfile Corp. - May 22, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today reported the completion of its initial drill program at the Smart Lake Joint Venture in Saskatchewan's Athabasca Basin. The first-pass program, which included 1,264 metres of diamond drilling across three holes, was conducted to test newly identified electromagnetic (EM) conductors along the Groomes Lake Conductive Corridor. The drill program provided a critical step in defining high-priority uranium exploration targets...
2025-05-22 6:30 AM EDT
Purepoint Uranium Announces Flow-Through Private Placement
Toronto, Ontario--(Newsfile Corp. - May 20, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced a non-brokered private placement (the "Offering") of up to 4,347,826 flow-through units (the "Flow-Through Units") at a price of $0.23 per unit for aggregate gross proceeds up to $1,000,000. 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 (Canada) (each a "Flow-Through...
2025-05-20 12:00 PM EDT
Purepoint Mobilizing for Summer Uranium Drill Program at Dorado Project - Eastern Athabasca Basin
Toronto, Ontario--(Newsfile Corp. - May 20, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce that mobilization is underway for the upcoming summer uranium drill program at its Dorado Project, part of the Purepoint-IsoEnergy Joint Venture in Saskatchewan's eastern Athabasca Basin. Drilling is scheduled to commence on or about May 26, 2025.The Dorado Project covers over 150 kilometres of discreet electromagnetic (EM) conductors that lie within the Dorado Graphitic Domain-a structurally...
2025-05-20 6:30 AM EDT
Purepoint Uranium Provides Q2 Corporate Update on Exploration Activities
Toronto, Ontario--(Newsfile Corp. - April 2, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") provided its Q2 corporate update on exploration activities across its portfolio of uranium projects in Canada's Athabasca Basin. This exploration update highlights the continued advancement of multiple high-priority targets as Purepoint executes on its 2025 exploration strategy alongside industry-leading joint venture partners.Smart Lake Joint Venture (Cameco/Purepoint)Field crews are currently on site, and drilling is underway at Smart Lake. The program...
2025-04-02 6:30 AM EDT
Purepoint Uranium Commences Initial Drill Program Along Groomes Lake Conductive Corridor, Smart Lake JV Project
Toronto, Ontario--(Newsfile Corp. - March 17, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce the commencement of a first-pass drill program along the high-priority Groomes Lake Conductive Corridor at the Smart Lake Joint Venture (JV) project in Saskatchewan's Athabasca Basin. The program will include four drill holes, totalling approximately 1,400 metres, to test the conductive belt of rocks refined by the 2024 ground electromagnetic (EM) survey.The Smart Lake Project is...
2025-03-17 6:30 AM EDT
Purepoint Uranium Reports Results from Tabbernor Project Geophysical Survey
Toronto, Ontario--(Newsfile Corp. - February 24, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today announced initial results of its recently completed airborne FALCON gravity survey across the 81,817-hectare Tabbernor Project, located near the southeastern edge of Saskatchewan's Athabasca Basin. "The results of our FALCON gravity survey have provided a critical next step in refining priority targets at Tabbernor." said Scott Frostad, Vice President Exploration at Purepoint. "We have now outlined three key areas...
2025-02-24 6:30 AM EST
Purepoint Refines High-Priority Targets and Prepares for Drilling at Smart Lake JV Project
Toronto, Ontario--(Newsfile Corp. - February 14, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce that recent ground electromagnetic (EM) surveys at the Smart Lake Joint Venture (JV) project have refined high-priority drill targets along the Groomes Lake Conductor with drilling scheduled to begin in mid-March. Smart Lake is a joint venture between Cameco Corporation (73%) and Purepoint (27%) in the Southwest Athabasca Basin, Saskatchewan, Canada.HighlightsA stepwise-moving loop time domain electromagnetic...
2025-02-14 6:30 AM EST
Purepoint Announces Results of Foran-Funded Airborne Survey at Denare West, on Trend with McIlvenna Bay Project
Toronto, Ontario--(Newsfile Corp. - February 3, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") today announced the completion of an airborne electromagnetic survey across the Denare West Volcanogenic Massive Sulphide (VMS) project, approximately 9 kilometres southeast of Foran's McIlvenna Bay Cu-Zn-Au deposit, in the Hanson Lake area of eastern Saskatchewan. Foran Mining Corp. is the operator of the Denare West project under a 2023 Option Agreement with Purepoint. HighlightsAn airborne electromagnetic survey, VTEM Max,...
2025-02-03 6:30 AM EST
IsoEnergy and Purepoint Announce 2025 Plans for Joint Venture
Toronto, Ontario--(Newsfile Corp. - January 23, 2025) - IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") are pleased to announce the commencement of their 2025 exploration program, supported by a $5,000,000 budget for the newly formed 50/50 joint venture ("Joint Venture"). The Joint Venture spans over 98,000 hectares and consolidates 10 high-valued uranium projects into three distinctive areas in Saskatchewan's eastern Athabasca Basin: the Dorado Project, the Aurora Project and the...
2025-01-23 7:00 AM EST
Purepoint Uranium Project Update
Toronto, Ontario--(Newsfile Corp. - January 20, 2025) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to provide a brief update on the progress of its exploration activities across its portfolio of projects in Canada's Athabasca Basin. The exploration update is intended to keep stakeholders informed of ongoing work and upcoming plans as we advance our strategic initiatives.Smart Lake Joint Venture (Cameco/Purepoint)A transient electromagnetic (TEM) survey was completed in December. The ground survey was...
2025-01-20 6:30 AM EST
IsoEnergy Exercises Put Option to Strengthen Partnership with Purepoint
Toronto, Ontario--(Newsfile Corp. - January 15, 2025) - IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") are pleased to announce that IsoEnergy has exercised its put option ("Put Option") under the terms of their joint venture (the "Joint Venture"), as announced in a press release dated December 19, 2024. With this strengthened partnership, both companies are now strategically positioned to collaboratively advance the exploration of 10 highly prospective uranium projects spanning...
2025-01-15 6:30 AM EST
Purepoint Uranium Group Inc. Closes $1,000,000 Private Placement and Engages Red Cloud for Liquidity Services
Toronto, Ontario--(Newsfile Corp. - December 24, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the closing of its non-brokered private placement (the "Private Placement"). In connection with the closing, the Company issued 2,857,157 flow-through units ("Flow-Through Units") at a price of $0.35 per unit for aggregate gross proceeds of $1,000,004.95. Each Flow-Through Unit consists of one common share in the capital of the Company issued on a "flow through" basis pursuant...
2024-12-24 2:44 PM EST
IsoEnergy and Purepoint Uranium Complete Joint Venture
Toronto, Ontario--(Newsfile Corp. - December 19, 2024) - IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") are pleased to announce the successful implementation of their previously announced joint venture (the "Joint Venture") (see press release dated October 22, 2024), consolidating 10 uranium projects spanning over 98,000 hectares in the eastern Athabasca Basin, Saskatchewan (Figure 1). This strategic collaboration strengthens both companies' efforts to advance high-potential uranium assets in one of the...
2024-12-19 6:30 AM EST
Purepoint Uranium Identifies New Exploration Targets at Russell South with Recent Airborne Geophysical Results
Toronto, Ontario--(Newsfile Corp. - November 28, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to report the identification of eight high-priority exploration targets following the completion of two advanced airborne geophysical surveys at its 100% owned Russell South project, located in the Athabasca Basin, SK, Canada. The new exploration targets have been refined to focus on conductive areas associated with potential hydrothermal alteration and favorable structures, bolstering the project's potential for significant...
2024-11-28 6:30 AM EST
Purepoint Uranium and Cameco Approve 2025 Drill Program for Smart Lake Joint Venture
Toronto, Ontario--(Newsfile Corp. - November 26, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce the approval of a $1.2 million drilling program at the Smart Lake Joint Venture (JV) Project, marking a significant return to this highly prospective project within the southwestern Athabasca Basin, Saskatchewan, Canada.The Smart Lake JV, jointly owned by Cameco Corporation (73%) and Purepoint (27%), exemplifies Purepoint's strategy of advancing high-potential projects through partnerships with industry leaders....
2024-11-26 6:30 AM EST
Purepoint Uranium Group Inc. Closes $2,200,000 Private Placement
Toronto, Ontario--(Newsfile Corp. - November 25, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced today the closing of its previously announced non-brokered private placement (the "Private Placement"). In connection with the closing, the Company issued 7,333,331 units ("Units") at a price of $0.30 per unit for aggregate gross proceeds of $2,200,000. Each Unit consists of one common share in the capital of the Company (a "Common Share") and one common share purchase warrant....
2024-11-25 6:30 AM EST
Purepoint Uranium Increases Private Placement to $2,200,000
Toronto, Ontario--(Newsfile Corp. - November 19, 2024) - Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced that it has increased the offering size of the non-brokered private placement, previously reported on October 22, 2024, from $2,000,000 to $2,200,000 (the "Offering") to accommodate strategic new shareholders. The Company also announced that, effective tomorrow (November 20, 2024), its common shares will be consolidated on a 10:1 basis. Following the consolidation, shareholders will receive one post-consolidation share...
2024-11-19 6:30 AM EST
IsoEnergy and Purepoint Uranium Form Joint Venture Covering Over 98,000 Hectares in the Eastern Athabasca Basin
Toronto, Ontario--(Newsfile Corp. - October 22, 2024) - IsoEnergy Ltd. (TSX: ISO) (OTCQX: ISENF) ("IsoEnergy") and Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) ("Purepoint") are pleased to announce that they have entered into a contribution agreement in connection with the creation of a joint venture (the "Joint Venture") for the exploration and development of a portfolio of uranium properties in northern Saskatchewan's Athabasca Basin. Both companies will contribute assets from their respective portfolios to the Joint Venture, which will...
2024-10-22 12:03 PM EDT