Purepoint Announces Amendment of Omnibus Equity Incentive Compensation Plan

Purepoint Announces Amendment of Omnibus Equity Incentive Compensation Plan

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 Plan from 3,688,894 to 6,426,776, representing 10% of the issued and outstanding shares of the Company as of today. The amended Omnibus Plan includes a 10% "rolling" option plan and a fixed plan permitting 6,426,776 common shares of the Company to be reserved for grant of RSUs and PSUs. Please refer to the Company's management information circular dated April 16, 2025, which is available under the Company's profile at www.sedarplus.ca for a copy and a summary of the amended Omnibus Plan.

About Purepoint

Purepoint Uranium Group Inc. (TSXV: PTU) (OTCQB: PTUUF) is a focused explorer with a dynamic portfolio of advanced projects within the renowned Athabasca Basin in Canada. The most prospective projects are actively operated on behalf of partnerships with industry leaders including Cameco Corporation, Orano Canada Inc. and IsoEnergy Ltd.

Additionally, the Company holds a promising volcanogenic massive sulphide (VMS) project currently optioned to Foran Mining Corporation that is geologically on trend with its McIlvenna Bay project. Through a robust and proactive exploration strategy, Purepoint is solidifying its position as a leading explorer in one of the globe's most significant uranium districts.

For more information, please contact:

Chris Frostad, President & CEO
Phone: (416) 603-8368
Email: cfrostad@purepoint.ca

For additional information please visit our new website at https://purepoint.ca, our Twitter feed: @PurepointU3O8 or our LinkedIn page @Purepoint-Uranium.

Neither the Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this Press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/253679

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Purepoint Uranium Sets Final Size of Private Placement at $6 Million

Purepoint Uranium Sets Final Size of Private Placement at $6 Million

Purepoint Uranium Group Inc. (TSXV: PTU,OTC:PTUUF) (OTCQB: PTUUF) ("Purepoint" or the "Company") announces that it has set the final size of its previously announced non-brokered flow-through private placement (the "Offering") at $6,000,000. The book is now fully subscribed, and no further subscriptions will be accepted.

The Offering will now be comprised of a combination of the following:

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Purepoint Uranium Increases Flow-Through Private Placement to $5,000,000

Purepoint Uranium Increases Flow-Through Private Placement to $5,000,000

Purepoint Uranium Group Inc. (TSXV: PTU,OTC:PTUUF) (OTCQB: PTUUF) ("Purepoint" or the "Company") is pleased to announce that due to strong investor demand, it has increased the offering size of the non-brokered private placement, previously announced on August 13, 2025, from $3,000,000 to $5,000,000 (the "Offering").

IsoEnergy Ltd. (TSX: ISO) (NYSE American: ISOU) ("IsoEnergy"), the Company's joint venture partner for the Dorado, Aurora and Celeste projects, located in the Athabasca Basin, Saskatchewan has confirmed its intention to invest $1,000,000 in support of the Company's financing efforts.

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Purepoint Uranium Announces $3 Million Charity Flow-Through Private Placement

Purepoint Uranium Announces $3 Million Charity Flow-Through Private Placement

Purepoint Uranium Group Inc. (TSXV: PTU,OTC:PTUUF) (OTCQB: PTUUF) ("Purepoint" or the "Company") announced a non-brokered private placement (the "Offering") for aggregate gross proceeds of up to $3,000,000 from the sale of a combination of the following:

  • Saskatchewan flow-through units of the Company (each, a "SFT Unit") at a price of $0.65 per SFT Unit with each SFT Unit consisting of one common share of the Company to be issued on a "flow through" basis pursuant to the Income Tax Act (Canada) (each a "SFT Share") and one common share purchase warrant (each, a "Warrant"); and
  • National flow-through units of the Company (each, a "NFT Unit", together with the SFT Unit, the "CFT Units") at a price of $0.59 per NFT Unit with each NFT Unit consisting of one common share of the Company to be issued on a "flow through" basis pursuant to the Income Tax Act (Canada) (each a "NFT Share", together with the SFT Shares, the "FT Shares") and one Warrant.

Each Warrant entitles its holder to purchase one common share of the Company (each a "Warrant Share") at an exercise price of $0.50 per share for a period of 24 months from the date of issuance.

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Purepoint Uranium Group Inc. Closes $1 Million Private Placement

Purepoint Uranium Group Inc. Closes $1 Million Private Placement

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" basis pursuant to the Income Tax Act (Canada) and one-half (12) common share purchase warrant. Each whole warrant entitles its holder to purchase one common share in the capital of the Company at an exercise price of $0.30 per share for a period of 24 months from the date of issuance.

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RETRANSMISSION: BTV Features Top Mining Stocks: Purepoint Uranium, Viridian Metals, Prime Mining, Patriot Battery Metals, Mayfair Gold, & Westport Fuels

RETRANSMISSION: BTV Features Top Mining Stocks: Purepoint Uranium, Viridian Metals, Prime Mining, Patriot Battery Metals, Mayfair Gold, & Westport Fuels

Please note: It is important not to misrepresent by stating BNN Bloomberg is featuring your company. BTV is featuring your company on the BNN Bloomberg Channel.

Watch on BNN Bloomberg
Wednesday, May 7 at 7:30 PM EST
Saturday, May 10 at 8:00 PM EST

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Coelacanth Energy Inc. Announces Operations Update, Revised Reserve Report and Initial Resource Report

Coelacanth Energy Inc. Announces Operations Update, Revised Reserve Report and Initial Resource Report

Coelacanth Energy Inc. (TSXV: CEI,OTC:CEIEF) ("Coelacanth" or the "Company") has provided an Operations Update, Reserve Report, and Resource Report.

OPERATIONS UPDATE

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Coelacanth Announces Q2 2025 Financial and Operating Results

Coelacanth Announces Q2 2025 Financial and Operating Results

Coelacanth Energy Inc. (TSXV: CEI,OTC:CEIEF) ("Coelacanth" or the "Company") is pleased to announce its financial and operating results for the three and six months ended June 30, 2025. All dollar figures are Canadian dollars unless otherwise noted.

FINANCIAL RESULTS
Three Months Ended

Six Months Ended

June 30

June 30
($000s, except per share amounts)
2025

2024

% Change
2025

2024

% Change











Oil and natural gas sales
4,828

3,164

53

7,494

6,830

10











Cash flow from (used in) operating activities
(1,826 )
(480 )
280

(845 )
2,776

(130 )
Per share - basic and diluted (1)
(-)

(-)

-

(-)

0.01

(100 )











Adjusted funds flow (used) (1)
(600 )
262

(329 )
(2,040 )
1,340

(252 )
Per share - basic and diluted
(-)

-

(-)

(-)

-

(-)











Net loss
(3,464 )
(2,329 )
49

(7,081 )
(3,530 )
101
Per share - basic and diluted
(0.01 )
(-)

100

(0.01 )
(0.01 )
-











Capital expenditures (1)
14,273

2,522

466

39,974

3,785

956











Adjusted working capital (deficiency) (1)






(41,901 )
64,386

(165 )











Common shares outstanding (000s)










Weighted average - basic and diluted
532,274

529,400

1

531,862

529,298

-











End of period - basic






532,866

530,126

1
End of period - fully diluted






591,544

617,804

(4 )

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Alvopetro Announces Production Results from Murucututu 183-D4 Well and an Operational Update

Alvopetro Announces Production Results from Murucututu 183-D4 Well and an Operational Update

Alvopetro Energy Ltd. (TSXV: ALV,OTC:ALVOF) (OTCQX: ALVOF) announces initial production results from our recently completed 183-D4 Murucututu well (100% working interest) and an operational update.

President & CEO, Corey C. Ruttan commented:

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Stallion Uranium Completes First Tranche of Non-Brokered Private Placement and Announces Upsizing

Stallion Uranium Completes First Tranche of Non-Brokered Private Placement and Announces Upsizing

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Stallion Uranium Corp. (the " Company " or " Stallion ") ( TSX-V: STUD ; OTCQB: STLNF ; FSE: FE0 ) is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement of units and flow-through units (the " Offering "). This closing consisted of 21,239,800 units of the Company (each a " NFT Unit ") at a price of $0.20 per NFT Unit for aggregate gross proceeds of $4,247,960 and 1,315,000 flow-through units (each a " FT Unit ") at a price of $0.20 per FT Unit for aggregate gross proceeds of $263,000.

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Blue Sky Uranium Closes 3rd and Final Tranche of Non-Brokered Private Placement

Blue Sky Uranium Closes 3rd and Final Tranche of Non-Brokered Private Placement

/NOT FOR DISTRIBUTION TO THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/

TSX Venture Exchange: BSK
Frankfurt Stock Exchange: MAL2
OTCQB Venture Market (OTC): BKUCF

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