Purepoint Uranium Project Update

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 designed to refine drill targets for the upcoming drill campaign. The resulting data is currently being interpreted by Cameco and should be available later this month.
The previously announced diamond drilling program targeting the northern Groomes Lake conductor is scheduled to commence in late March. Seasonal daylight and ground conditions will dictate the timing of this helicopter supported program.

Hook Lake Joint Venture (Cameco/Orano/Purepoint)

Key focus areas include follow-up drilling at last year's discovery in the Lightning Zone; and
Testing the northern extension of NexGen Energy Corp's Patterson East trend, where the target conductor extends into Hook Lake for approximately 1 km.

IsoEnergy/Purepoint Joint Venture (IsoEnergy/Purepoint)

Plans and budgets for the 2025 exploration year are currently being approved with further details to be released shortly.
Drilling is expected to commence in Q2 2025.
Work has commenced on the preparation of a NI 43-101 compliant technical report on the Geiger project as a regulatory requirement of last year's transaction. The report will be filed later in Q2 2025.

Denare West (Foran Mining/Purepoint)

A VTEM plus Airborne Electromagnetic survey was conducted in the Fall of 2024 by Foran to assist in confirming a geological link to their McIlvenna Bay VMS deposit.
Results are currently being interpreted and will be available shortly.

Tabbernor Project (100% Purepoint)

An airborne FALCON gravity survey by Xcalibur covered 7,549 line-km, focusing on mapping the extensive fault system was conducted in 2024.
The interpretation of the resulting data has now been completed and the results will be disseminated shortly.

Purepoint remains committed to advancing its projects through focused exploration and community collaboration as we respond to growing demand for uranium. Further updates will be provided as work progresses.

Options

The Company has approved the issuance of a total of 1,275,000 options to its Board of Directors, management and certain staff members pursuant to the Company's Omnibus Equity Incentive Compensation Plan. The options are exercisable at a price of $0.30 per common share and expire on a date that is five years from the date of grant.

About Purepoint Uranium Group Inc.

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 VHMS project currently optioned to and strategically positioned adjacent to and on trend with Foran Corporation's 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.

Scott Frostad BSc, MASc, P.Geo., Purepoint's Vice President, Exploration, is the Qualified Person responsible for technical content of this release.

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.

Disclosure regarding forward-looking statements

This press release contains projections and forward-looking information that involve various risks and uncertainties regarding future events. Such forward-looking information can include without limitation statements based on current expectations involving a number of risks and uncertainties and are not guarantees of future performance of the Company. These risks and uncertainties could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information. Actual results and future events could differ materially from those anticipated in such information. These and all subsequent written and oral forward-looking information are based on estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice.

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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.

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Purepoint Uranium Announces Flow-Through Private Placement

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 Share") and one-half (12) of one common share purchase warrant. Each whole warrant entitles its holder to purchase one common share of the Company (each a "Warrant Share") at an exercise price of $0.30 per share for a period of 24 months from the date of issuance. Red Cloud Securities Inc. is acting as a finder in connection with the offering.

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Purepoint Mobilizing for Summer Uranium Drill Program at Dorado Project - Eastern Athabasca Basin

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 controlled package of conductive, graphite-rich rocks (Figure 1). The Dorado Domain encompasses the northeastern extension of the Larocque Trend, a highly prospective structural corridor that hosts multiple high-grade uranium deposits and occurrences, including IsoEnergy's Hurricane Deposit-recognized as the world's highest-grade published indicated uranium resource, with 48.6 million pounds at 34.5% U₃O₈ (https://www.isoenergy.ca/featured-project/). At Dorado, these graphitic rocks bifurcate and wrap around a granitic dome that is considered an important component in the original plumbing system that once directed the flow of uranium-bearing hydrothermal fluids.

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Blue Sky Uranium Schedules Start of Drill Program for Ivana Uranium-Vanadium Project

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

Blue Sky Uranium Corp. (TSX-V: BSK) (FSE: MAL2) (OTC: BKUCF), ("Blue Sky" or the "Company") is pleased to announce that it has secured drill contractors and scheduled a start date of June 1 st 2025 for the previously announced drill programs to advance the Ivana Uranium-Vanadium Project (the " Project "). As reported on May 14, 2025 Blue Sky's joint-venture operating company Ivana Minerales S.A., (" JVCO ", a partnership with Abatare Spain, S.L.U.) has planned a two-phase drilling campaign. The first phase will focus on infill drilling at the Ivana deposit, while the subsequent second phase will test satellite targets. The entire campaign is expected to last approximately five months.

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Baselode Reports Shallow Uranium Results from Summer 2024 Drill Program

Six drill holes expand shallow uranium mineralization footprint in Pod 1 (i.e., within 50 metres from surface), eleven drill holes confirmed uranium starting within 100 metres from surface in three Pods

Shallow uranium mineralization updip of Pod 7 remains largely untested and requires further follow-up drilling

Baselode Energy Corp. (TSXV: FIND) (OTCQB: BSENF) ("Baselode" or the "Company") is pleased to release uranium ("U3O8") assay results from all 28 drill holes of the 2024 drill program on the ACKIO prospect area ("ACKIO") in the Athabasca Basin ("Basin") area of northern Saskatchewan (Figure 1).

"We're especially encouraged with 6 drill holes intersecting uranium within 50 m from surface and 11 drill holes within 100 m from surface. These shallow mineralization results continue to demonstrate ACKIO's unique advantage in the Basin area with easily accessible, near-surface uranium. Last year's summer drill program successfully defined more shallow uranium mineralization to the north and south of our shallowest uranium zone, Pod 1. Uranium at the overburden-bedrock contact still remains open to the south and north.

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DDH	Target	East	North	Elevation	Az.	Dip	EOH	Radioactivity (>300 counts-per-second, cps)	Assay Results (>0.05 wt% U₃O₈)
AK24-117*	Pod 8	526142	6372902	465	90	-75	227	368 cps over 0.45 m at 74.4 m	0.09% over 0.45 m at 74.4 m
	Pod 8							301 cps over 1.8 m at 108.3 m	No significant results
	Pod 8							409 cps over 6.25 m at 117.25 m	0.07% over 0.5 m at 118.0 m 0.06% over 1.0 m at 121.5 m
	Pod 6							426 cps over 12.55 m at 128.1 m	0.07% over 7.5 m at 128.5 m 0.05% over 1.5 m at 139.0 m
	Pod 6							327 cps over 6.4 m at 145.2 m	0.11% over 1.0 m at 145.5 m
	Pod 6							399 cps over 0.65 m at 160.95 m	0.08% over 0.5 m at 161.0 m
AK24-118*	Pod 8	526142	6372902	465	118	-71	257	456 cps over 0.8 m at 89.3 m	0.15% over 0.9 m at 89.2 m
	Pod 8							350 cps over 0.5 m at 92.7 m	0.09% over 0.3 m at 92.7 m
	Pod 8							392 cps over 2.6 m at 119.1 m	0.09% over 1.1 m at 119.4 m
	Pod 8							315 cps over 3.1 m at 131.8 m	No significant results
	Pod 6							1,115 cps over 13.3 m at 149.3 m	0.06% over 0.5 m at 149.5 m 0.59% over 8.5 m at 153.0 m
	Pod 6						includes		0.72% over 6.0 m at 154.0 m
AK24-119*	Pod 6	526133	6372907	463	65	-75	230	300 cps over 8.5 m at 109.5 m	0.07% over 0.5 m at 104.5 m
	Pod 6							907 cps over 34.05 m at 131.1 m	0.28% over 21.0 m at 141.0 m
	Pod 6						includes	9,173 cps over 0.4 m at 144.6 m	1.36% over 2.0 m at 143.0 m
	Pod 6						and includes		0.51% over 0.5 m at 152.0 m
AK24-120	Exploration - Depth	526210	6373081	464	270	-70	512	No significant results
AK24-121	Exploration - Depth	526317	6372980	465	270	-70	452	No significant results
AK24-122	Exploration - Depth	526360	6372880	467	270	-70	446	No significant results
AK24-123	Exploration - SE Strike	526450	6372680	467	270	-65	369	No significant results
AK24-124	Exploration - UC	526335	6372730	466	90	-90	200	No significant results
AK24-125	Exploration - UC	526335	6372730	466	90	-60	332	495 cps over 0.3 m at 132.75 m	0.05% over 0.55 m at 132.5 m
AK24-126	Exploration - UC	526342	6372830	467	90	-70	269	No significant results
AK24-127	Exploration - UC	526362	6372928	467	90	-80	215	330 cps over 0.15 m at 53.4 m	No significant results
	Exploration - UC							330 cps over 0.1 m at 55.9 m	No significant results
	Exploration - UC							320 cps over 0.25 m at 115.75 m	No significant results
AK24-128	Pod 1 NW	526062	6373080	466	270	-60	200	302 cps over 1.85 m at 47.7 m	No significant results
	Pod 1 NW							370 cps over 0.1 m at 50.0 m	No significant results
	Pod 1 NW							300 cps over 0.6 m at 50.65 m	No significant results
	Pod 1 NW							310 cps over 0.15 m at 58.6 m	No significant results
	Pod 1 NW							460 cps over 0.1 m at 59.1 m	0.05% over 0.5 m at 59.0 m
	Pod 1 NW							300 cps over 0.2 m at 62.9 m	No significant results
	Pod 7 NW							418 cps over 0.9 m at 109.05 m	0.07% over 0.5 m at 109.0 m
AK24-129	Exploration - UC	526231	6372800	467	270	-90	188	324 cps over 0.65 m at 80.65 m	No significant results
AK24-130	Exploration - SE Strike	526453	6372383	468	250	-60	281	No significant results
AK24-131	Pod 8	526135	6372836	465	76	-65	242	No significant results
AK24-132	Pod 8	526135	6372836	464	76	-59	218	No significant results	0.05% over 0.1 m at 156.5 m
AK24-133	Pod 8	526124	6372879	465	90	-60	224	397 cps over 1.10 m at 112.4 m	0.08% over 1.0 m at 112.5 m
	Pod 8							341 cps over 0.55 m at 116.7 m	0.06% over 2.0 m at 116.5 m
	Pod 8							350 cps over 0.8 m at 120.3 m	No significant results
	Pod 8							396 cps over 11.65 m at 128.95 m	0.09% over 11.5 m at 130.5 m
	Pod 6							444 cps over 1.2 m at 155.5 m	0.07% over 1.0 m at 155.5 m
AK24-134	Pod 1	526091	6372933	463	267	-50	191	386 cps over 6.05 m at 53.2 m	0.10% over 1.5 m at 53.5 m 0.16% over 1.0 m at 56.5 m
	Between Pod 1 & Pod 7							400 cps over 0.5 m at 74.0 m	0.12% over 1.25 m at 74.0 m
	Pod 7							1,035 cps over 11.0 m at 101.3 m	0.17% over 9.0 m at 103.0 m
	Pod 7						includes	6,621 cps over 0.7 m at 103.9 m	1.07% over 0.5 m at 104.0 m
	Pod 7							400 cps over 0.05 m at 129.2 m	0.06% over 0.05 m at 129.2 m
	Pod 7							500 cps over 4.75 m at 131.9 m	0.10% over 3.0 m at 132.0 m
	Pod 7							6,344 cps over 0.3 m at 138.9 m	0.43% over 1.0 m at 138.5 m
	Pod 7						includes		0.65% over 0.5 m at 139.0 m
AK24-135B	Pod 1	526091	6372932	463	267	-50	185	410 cps over 0.6 m at 41.6 m	0.09% over 0.7 m at 41.5 m
	Pod 1							478 cps over 0.4 m at 44.0 m 417 cps over 1.55 m at 47.0 m	0.05% over 6.5 m at 44.0 m¹
	Between Pod 1 & Pod 7							442 cps over 0.6 m at 53.3 m	0.06% over 1.0 m at 53.0 m
	Between Pod 1 & Pod 7							465 cps over 0.2 m at 55.9 m	0.06% over 0.5 m at 56.0 m
	Pod 7							438 cps over 1.25 m at 89.45 m	0.10% over 1.65 m at 89.35 m
	Pod 7							983 cps over 28.65 m at 98.2 m	0.18% over 28.0 m at 98.0 m
	Pod 7						includes		0.55% over 0.5 m at 99.5 m
							and includes	5,920 cps over 0.15 m at 123.1 m	0.57% over 0.5 m at 123.0 m
	Pod 7							623 cps over 0.6 m at 156.3 m	No significant results
AK24-136	Pod 1	526091	6372932	463	245	-55	208.5	380 cps over 0.2 m at 50.4 m	0.05% over 0.4 m at 50.2 m
	Pod 1							414 cps over 0.75 m at 56.7 m	0.10% over 1.0 m at 56.5 m
	Between Pod 1 & Pod 7							366 cps over 4.6 m at 74.0 m	0.11% over 3.5 m at 74.0 m²
	Pod 7							328 cps over 6.3 m at 103.8 m	0.06% over 0.5 m at 103.5 m 0.05% over 0.5 m at 105.5 m 0.06% over 0.5 m at 109.0 m
	Pod 7							800 cps over 5.15 m at 113.5 m	0.12% over 4.5 m at 114.5 m
	Pod 7						includes	10,455 cps over 0.2 m at 118.45 m	0.59% over 0.55 m at 118.45 m
	Pod 7							320 cps over 0.05 m at 125.9 m	No significant results
	Pod 7							471 cps over 0.45 m at 129.4 m	0.07% over 0.5 m at 129.5 m
	Pod 7							No significant results	0.05% over 0.5 m at 135.0 m
AK24-137	Pod 1	526091	6372932	463	241	-69	191	1,236 cps over 8.95 m at 37.35 m	0.38% over 9.15 m at 37.35 m³
	Pod 1						includes	5,827 cps over 0.2 m at 39.35 m	0.68% over 4.25 m at 39.0 m
	Pod 1							325 cps over 3.4 m at 50.5 m	0.12% over 0.5 m at 50.5 m 0.07% over 0.5 m at 53.0 m
	Pod 1							330 cps over 0.15 m at 58.85 m	No significant results
	Between Pod 1 & Pod 7							302 cps over 4.4 m at 96.55 m	0.05% over 0.5 m at 96.5 m
	Between Pod 1 & Pod 7							365 cps over 3.4 m at 105.25 m	0.06% over 0.5 m at 107.5 m
	Pod 7							380 cps over 0.1 m at 120.35 m	No significant results
	Pod 7							684 cps over 0.3 m at 124.7 m	0.06% over 0.5 m at 124.5 m
	Pod 7							1,272 cps over 13.3 m at 127.5 m	0.28% over 9.0 m at 129.0 m
	Pod 7						includes	5,000 cps over 0.2 m at 130.1 m	0.51% over 0.5 m at 130.0 m
	Pod 7						and includes	7,000 cps over 0.05 m at 132.1 m	0.55% over 2.0 m at 132.5 m
	Pod 7						and includes	5,600 cps over 0.85 m at 132.7 m
	Pod 7						and includes	10,600 cps over 0.1 m at 134.55 m
	Pod 7							1,122 cps over 4.85 m at 142.9 m	0.16% over 4.0 m at 142.5 m
	Pod 7						includes	5,600 cps over 0.25 m at 143.15 m
	Pod 7						and includes	6,500 cps over 0.1 m at 146.15 m
	Pod 7							1,063 cps over 1.45 m at 150.65 m	No significant results
	Pod 7						includes	10,000 cps over 0.1 m at 150.65 m	0.40% over 0.5 m at 150.5 m
AK24-138	Pod 7	526060	6372968	462	251	-60	152	388 cps over 11.2 m at 64.85 m	0.09% over 10.5 m at 64.5 m⁴
	Pod 7							905 cps over 26.5 m at 79.55 m	0.19% over 23.0 m at 81.5 m
	Pod 7						includes	7,000 cps over 0.1 m at 89.05 m	0.58% over 0.5 m at 89.0 m
	Pod 7						and includes	6,300 cps over 0.1 m at 96.4 m
	Pod 7						and includes	5,500 cps over 0.1 m at 97.55 m	0.65% over 0.5 m at 97.5 m
	Pod 7						and includes	5,290 cps over 0.6 m at 101.5 m	1.00% over 1.0 m at 101.0 m
	Pod 7							454 cps over 0.75 m at 108.35 m	No significant results
	Pod 7							738 cps over 0.8 m at 111.95 m	0.23% over 0.5 m at 112.0 m
AK24-139	Pod 7	526060	6372968	462	281	-45	179	No significant results	0.37% over 0.25 m at 41.25 m
								369 cps over 0.85 m at 62.15 m	0.11% over 0.5 m at 62.0 m
	Pod 7							300 cps over 0.4 m at 65.0 m	No significant results
	Pod 7							664 cps over 24.7 m at 68.45 m	0.11% over 22.0 m at 70.5 m
	Pod 7							305 cps over 0.05 m at 96.35 m	No significant results
	Pod 7							495 cps over 0.1 m at 98.25 m	No significant results
	Pod 7							388 cps over 0.2 m at 101.45 m	No significant results
	Pod 7							360 cps over 0.1 m at 134.45 m	No significant results
	Pod 7							380 cps over 0.15 m at 137.9 m	No significant results
AK24-140	Pod 7 NW	525979	6373079	461	80	-65	275	360 cps over 0.4 m at 82.3 m	No significant results
	Pod 7 NW							320 cps over 1.6 m at 88.9 m	No significant results
	Pod 7 NW							350 cps over 0.25 m at 92.75 m	No significant results
	Pod 7 NW							300 cps over 0.6 m at 99.9 m	No significant results
AK24-141	Pod 7 NW	525979	6373079	461	93	-76	365	988 cps over 1.65 m at 91.8 m	0.11% over 2.0 m at 91.5 m
	Pod 1 NW							340 cps over 0.1 m at 180.7 m	No significant results
	Pod 9							300 cps over 0.2 m at 271.4 m	No significant results
	Pod 9							360 cps over 0.2 m at 272.95 m	No significant results
	Pod 9							310 cps over 0.15 m at 274.3 m	No significant results
AK24-142	Pod 7 NW	525979	6373091	462	85	-78	344	300 cps over 0.15 m at 68.0 m	No significant results
	Pod 7 NW							458 cps over 1.35 m at 77.25 m	0.07% over 0.5 m at 77.0 m 0.06% over 0.5 m at 78.5 m
	Pod 1 NW							550 cps over 0.1 m at 102.1 m	No significant results
	Pod 1 NW							440 cps over 0.1 m at 112.25 m	No significant results
	Pod 1 NW							757 cps over 0.2 m at 114.1 m	No significant results
	Pod 1 NW							500 cps over 0.15 m at 116.45 m	No significant results
	Pod 9							300 cps over 0.2 m at 135.6 m	No significant results
	Pod 9							374 cps over 0.45 m at 184.0 m	No significant results
	Pod 9							380 cps over 0.2 m at 184.8 m	No significant results
	Pod 9							400 cps over 0.1 m at 185.4 m	No significant results
	Pod 2 NW							347 cps over 0.45 m at 276.2 m	No significant results
	Pod 2 NW							300 cps over 0.5 m at 312.75 m	No significant results
AK24-143	Pod 1	526101	6373029	463	265	-55	221	330 cps over 0.45 m at 46.9 m	No significant results
	Pod 1							397 cps over 21.25 m at 59.5 m	0.12% over 11.8 m at 65.2 m⁵
	Pod 1							300 cps over 0.1 m at 90.3 m	No significant results
	Pod 1							360 cps over 0.3 m at 97.7 m	0.06% over 0.6 m at 97.5 m
	Pod 1							300 cps over 0.15 m at 101.0 m	No significant results
	Pod 7							453 cps over 0.3 m at 123.6 m	No significant results
	Between Pod 1 & Pod 7							330 cps over 2.1 m at 125.7 m	0.10% over 1.0 m at 126.0 m
	Between Pod 1 & Pod 7							450 cps over 0.5 m at 130.75 m	0.05% over 0.5 m at 130.5 m
	Between Pod 1 & Pod 7							344 cps over 4.35 m at 136.1 m	0.08% over 2.0 m at 136.0 m
	Pod 7 NW							300 cps over 0.2 m at 152.6 m	No significant results
	Pod 7 NW							380 cps over 0.25 m at 153.65 m	0.06% over 4.5 m at 153.5 m⁶
	Pod 7 NW							388 cps over 3.35 m at 155.65 m	0.06% over 4.5 m at 153.5 m⁶
AK24-144	Pod 1	526080	6373029	463	265	-55	200	500 cps over 0.25 m at 44.5 m	No significant results
	Pod 1							375 cps over 10.45 m at 50.0 m	0.12% over 9.0 m at 51.5 m⁷
							includes		0.69% over 0.5 m at 54.0 m
	Pod 1							300 cps over 0.1 m at 64.4 m	No significant results
	Pod 1							300 cps over 0.1 m at 65.3 m	No significant results
	Between Pod 1 & Pod 7							800 cps over 0.3 m at 98.75 m	0.13% over 1.0 m at 98.5 m
	Pod 7 NW							350 cps over 0.55 m at 142.3 m	0.10% over 1.0 m at 142.0 m
28 DDH							7,373 m	19 DDH	17 DDH

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