Purepoint is today reminding holders of the company's common shares that rights granted under its previously announced rights offering will be expiring November 21, 2014. Further, orders to exercise these rights should be placed on or before November 18, 2014 in order to ensure that they are cleared prior to expiry. Shareholders of record on October 24, 2014 received one right for each Common Share held. Eight Rights plus [...]
TORONTO, ONTARIO--(Marketwired - Nov 11, 2014) - Purepoint Uranium Group Inc. ( the "Company" or "Purepoint") (TSX VENTURE:PTU) is pleased to report on last week's Hook Lake Technical Committee meeting, a project owned jointly by Cameco Corp. (39.5%), AREVA Resources Canada Inc. (39.5%) and Purepoint Uranium Group Inc. (21%). The Hook Lake JV project covers the Patterson Lake conductive corridor, the same belt of rocks [...]
Purepoint, today announced that it will be offering rights to holders of its common shares of record at the close of business on October 24, 2014. The rights issued under the Rights Offering will expire on November 21, 2014. The Rights Offering will be conducted in all of the provinces and territories of Canada. "Raising capital through this mechanism allows our shareholders the opportunity to participate equitably while [...]
TORONTO, ONTARIO--(Marketwired - Sep 24, 2014) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) announced today that in anticipation of this winter's drill program, the next stage of exploration at the Hook Lake JV project will focus on an extensive magnetic low located within the Patterson Conductive Corridor. This fall, airborne and ground electromagnetic (EM) surveys will be completed to better define EM conductors [...]
TORONTO, ONTARIO--(Marketwired - Jul 18, 2014) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) today provided results from the recently completed ten-hole, 2,734-metre drill program at the Red Willow JV project in Saskatchewan's Athabasca Basin. Red Willow is a large, 256 square kilometer property located 10 kilometers northeast of Rio Tinto's Roughrider deposit and covers the Mudjatik-Wollaston Transition Zone, a [...]
TORONTO, ONTARIO--(Marketwired - May 28, 2014) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) today provided results from the recently completed ten-hole, 3,704-metre drill program at the Hook Lake JV project in Saskatchewan's Athabasca Basin. Purepoint announced a uranium discovery at Hook Lake earlier this year (press release dated March 10th, 2014) in the Spitfire area with results up to 0.32% U3O8 over 6.2 metres [...]
TORONTO, ONTARIO--(Marketwired - Apr 15, 2014) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) (the "Company"), announces today that effective April 17, 2014, CST Trust Company will replace Equity Financial Trust Company as the transfer agent and registrar of the securities of the Company. On or after April 17, all inquiries and correspondence relating to shareholder records, transfer of shares, lost certificates or [...]
TORONTO, ONTARIO--(Marketwired - Mar 10, 2014) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) is pleased to announce the initial results from a newly discovered zone of uranium mineralization within the Patterson Lake conductive corridor at the Hook Lake project in Saskatchewan's Athabasca Basin. The best assays to date from the "Spitfire Zone" have returned a weighted average of 0.32% U3O8 over 6.2 metres that includes [...]
TORONTO, ONTARIO--(Marketwired - Feb 5, 2014) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) is pleased to report the commencement of the winter drill program at its Red Willow Project in the eastern side of Saskatchewan's Athabasca Basin. The project is managed and operated by Rio Tinto Exploration Canada Inc. ("Rio Tinto") under the terms of an option agreement allowing them to earn a controlling interest in the Red [...]
Purepoint Uranium announced today that it has received approval from the TSX Venture Exchange for its proposed repricing of the incentive stock options granted to certain of its directors, officers and consultants. On April 25, 2013, the Company issued, in aggregate, 1,940,000 incentive stock options to certain directors, officers and consultants of the Company with an exercise price of $0.10 per common share and a term [...]
TORONTO, ONTARIO--(Marketwired - Jan 30, 2014) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) today announced the commencement of its winter drill program at the Hook Lake Project in Saskatchewan's Athabasca Basin. The project is a joint venture with AREVA Resources Canada Inc. and Cameco Corp. and is located immediately north of Patterson Lake where high-grade uranium mineralization has been discovered by [...]
Purepoint Uranium, is pleased to announce the closing of the final tranche of the non-brokered private placement announced on December 3, 2013, for gross proceeds of $25,000. The Company issued 454,545 flow-through units at a price of $0.055 per unit. Each flow-through unit consists of one common share in the capital of the Company issued on a "flow through" basis pursuant to the Income Tax Act (Canada) and one common [...]