Purepoint Uranium Group Inc.

Purepoint Uranium Group Inc. today released the interpreted results of its summer airborne gravity/magnetic survey over their 100% owned Carson Lake and Russell South Uranium Projects which lie on the eastern edge of the Athabasca Basin, Saskatchewan Canada. "We are excited to add these new prospects to our pipeline of drill-ready projects and will be evaluating them for inclusion in our 2023 drill programs," said Scott [...]

Purepoint Uranium Group Inc. has announced that it has obtained a final receipt for the final base shelf prospectus it filed with the securities regulatory authorities in each of the provinces and territories of Canada. The Base Shelf Prospectus allows the Company to qualify the distribution by way of prospectus of common shares, warrants, units and subscription receipts or any combination thereof for aggregate gross [...]

Purepoint Uranium Group Inc. today provided an update on the broad array of geophysical programs underway this summer. This week the company commenced a helicopter-borne versatile time domain electromagnetic survey across four of its projects, collectively referred to as the Tabbernor Block, all of which lie on the eastern edge of the Athabasca Basin, Saskatchewan Canada. "Our summer programs have focused on the [...]

Purepoint Uranium Group Inc. today announced the commencement of a deep sensing Z-Axis Tipper Electromagnetic airborne survey over the northern portion of the Carter Corridor at the Hook Lake Joint Venture; a joint venture between Cameco Corporation , Orano Canada Inc. , and Purepoint . The Hook Lake Project lies on the southwestern edge of Saskatchewan's Athabasca Basin in the Patterson Uranium District, Saskatchewan [...]

Purepoint Uranium Group Inc. is pleased to announce that its proposed adoption of a new omnibus equity incentive compensation plan was approved by the Company's shareholders at its annual and special meeting of shareholders held on June 29, 2022 . The Omnibus Plan replaced the Company's existing stock option plan and includes a 10% "rolling" option plan permitting a maximum of 10% of the issued and outstanding common [...]

Purepoint Uranium Group Inc. today announced the commencement of an airborne gravity/magnetic survey over their 100% owned Carson Lake Uranium Project which lies on the north-eastern edge of the Athabasca Basin, Saskatchewan, Canada. The Carson Lake project covers the northeast extension of a major conductive trend that is also present on Purepoint's Red Willow project. The current airborne gravity survey results will [...]

Purepoint Uranium Group Inc. today announced the commencement of an airborne gravity/magnetic survey over their Russell South Uranium Project which lies on the south-central edge of the Athabasca Basin, Saskatchewan Canada. "The Russell Lake project is within a favourable geologic area since it's close to the southern edge of the Athabasca Basin that has relatively shallow drill targets and nearby uranium deposition [...]

Purepoint Uranium Group Inc. today outlined their remaining 2022 exploration plans for the Hook Lake Joint Venture and eight of their 100% owned projects in the Athabasca Basin, Saskatchewan Canada. These plans include follow-up drilling at the Company's Red Willow project where this winter's program outlined an astounding 1.2 kilometres of continuous elevated radioactivity . "By the end of the year we will have completed [...]

Purepoint Uranium Group Inc. announced today the completion of its winter drill program at the 100%-owned Red Willow project within the eastern uranium mine district of the Athabasca Basin, Saskatchewan Canada. The winter drilling has defined a continuous corridor of elevated radioactivity associated with the Osprey Zone electromagnetic conductor. "Spanning over a one-kilometre distance, we have been able to consistently [...]

Purepoint Uranium Group Inc. has announced the closing of its brokered private placement previously announced on March 14, 2022, with Red Cloud Securities Inc. pursuant to which Red Cloud acted as lead agent and sole bookrunner. In connection with the closing, the Company issued 25,001,000 flow-through units at a price of C$0.14 per FT Unit for aggregate gross proceeds of C$3,500,140. Each FT Unit consists of one common [...]