Purepoint Uranium , is pleased to announce the closing of the second tranche of the non-brokered private placement announced on December 3, 2013, for gross proceeds of $441,949. The Company issued 8,035,436 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 [...]
Purepoint Uranium announces its intention to raise the ceiling for the non-brokered private placement previously announced on December 3, 2013 from $650,000 to $750,000. Up to 13,636,364 flow-through units at a price of $0.055 per Unit are issuable pursuant to the Offering. Each 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 [...]
Purepoint, is pleased to announce the closing of the first tranche of the non-brokered private placement announced on December 3, 2013, for gross proceeds of $303,535. The Company issued 5,518,81 flow-through units at a price of $0.055 per Unit. Each Unit consists of one common share in the capital of the Company issued on a "flow through" basis pursuant to the Income Tax Act and one common share purchase warrant. Each [...]
Purepoint Uranium, is pleased to announce a non-brokered private placement consisting of up to 11,818,182 flow-through units at $0.055 per Unit for gross proceeds of up to $650,000. Each Unit consists of one common share in the capital of the Company issued on a "flow through" basis pursuant to the Income Tax Act and one common share purchase warrant. Each warrant entitles its holder to purchase one common share in the [...]
TORONTO, ONTARIO--(Marketwired - Nov 28, 2013) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) today released its plans for winter drilling at two of its most advanced Athabasca Basin uranium projects: Hook Lake, in the Patterson Lake region, and Red Willow, in the Eastern Basin's primary high-grade mine trend. With a budgeted 5,000 metres of drilling (approximately 14 holes) at Hook Lake, the Company, in joint venture [...]
TORONTO, ONTARIO--(Marketwired - Oct 29, 2013) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) is pleased to report that at last week's Technical Committee meeting, Rio Tinto Exploration Canada Inc. presented plans for a 2,500 metre drill program this winter at Purepoint's Red Willow Project in Saskatchewan's Athabasca Basin. Purepoint optioned the property to Rio Tinto, allowing them to earn a controlling interest in [...]
TORONTO, ONTARIO--(Marketwired - Oct 8, 2013) - Purepoint Uranium Group Inc. (TSX VENTURE:PTU) today announced its winter exploration 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 the [...]
TORONTO, ONTARIO -- (Marketwired) -- 06/20/13 -- Purepoint Uranium Group Inc. (TSX VENTURE: PTU) today announced the results of the winter exploration program at the Hook Lake Project in Saskatchewan's Athabasca Basin. The project is a joint venture with AREVA Resources Canada Inc. and Cameco Corporation and is located immediately north of Patterson Lake where high-grade uranium mineralization has been discovered by the [...]
TORONTO, ONTARIO -- (Marketwired) -- 04/25/13 -- The Board of Directors of Purepoint Uranium Group Inc. (TSX VENTURE: PTU) has approved the issuance of a total of 1,940,000 options to certain of its Board of Directors, management and staff pursuant to its stock option plan. The options are exercisable at a price of $0.10, are subject to agreed vesting schedules and expire in five years.
TORONTO, ONTARIO -- (Marketwired) -- 04/04/13 -- Purepoint Uranium Group Inc. (TSX VENTURE: PTU) has today announced that it has recently completed the winter exploration program at the Hook Lake Joint Venture Project in Saskatchewan's Athabasca Basin. The program focused on the Patterson Lake corridor which is the same conductive trend along which the Fission/Alpha joint venture has intersected high-grade uranium [...]
Purepoint Uranium is pleased to announce the completion of its previously announced rights offering for aggregate gross proceeds of $679,334. The rights offering was fully subscribed with a total of 42,830,380 rights being exercised for 3,975,718 units pursuant to the basic subscription privilege and 5,729,055 units issued pursuant to the additional subscription privilege.
Purepoint Uranium Group is today reminding holders of the company's common shares that rights granted under its previously announced rights offering will be expiring March 4, 2013. Further, orders to exercise these rights should be placed on or before February 28, 2013 in order to ensure that they are cleared prior to expiry.
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